PREIT’s cross-portfolio plan to fill departed anchor space with modern uses like medical centers and restaurant rows takes a different direction at its Willow Grove Park mall north of Philadelphia, which for 80 years was the site of an amusement park.
Bloomingdale, Illinois’ Stratford Square Mall has a vacancy rate of 69%. Its owner is doing little to reverse it, so village officials have stepped in to help reinvigorate the 1.3 million-sq.-ft. property.
Burlington Stores has signed at Maple Hill Pavilion in Kalamazoo, Mich., and plans to open there this fall. It’s Burlington’s second story in that metro, the other being located in Portage, Mich.
