Tenant Update

J.C. Penney Company is reducing its workforce on the heels of downsizing its store portfolio as it looks to emerge from bankruptcy.

Sur La Table is slashing its store footprint as it seeks to prosper under new ownership.

DLC Management Corp. continues to notch major lease signings as the pandemic continues to grind on.

J.C. Penney has revealed more details about its store closing plans.

Delayed April and May rent payments are starting to come in at one of the nation’s largest owners of open-air and mixed-use centers.

Lucky Brand Dungarees is hoping that a new owner will help revive its sagging fortunes.

Taubman Centers has reopened doors across its global portfolio. 

Though pandemic-plagued shopping center landlords all complained of some national retail chains that refused to pay rent at all, only 12% of those willing to post their monthly payments asked for abatements.

Owners of two shopping centers in Salinas, Calif., say they’ve made COVID-19-related rental agreements with all but two of their 80-plus tenants.

In a Tuesday news conference, New York State Budget Director Robert Mujica released preliminary information about the state’s Phase 4 re-openings next week. Mall retailers were not happy.