Tenant Update

Longtime RAMCO veteran John M. Hendrickson has been named president of Brixmor’s Midwest division and an executive VP of the company.

The nation’s malls need new tenants.

When its last surviving tenant, Sears, closes in September, so too will the Marketplace at Burlington in New Jersey.

The vacancy rate in United States malls hit 8.6% during the second quarter.

Pier I Imports’ strategy for relaunching its faltering brand can’t come soon enough.

Thirty-year industry veteran Robert Mettel has been hired as director of leasing at InvenTrust, owner and manager of 81 open-air centers comprising 14.2 million sq. ft. of GLA.

The $7 billion merger between Madison Marquette and PMRG is a go, both companies have confirmed.

The man who directed construction for the first retail tenants at Westfield’s World Trade Center mall has joined National Realty & Development Corp. in a similar role.