Seattle and Salt Lake City thrived in 2020; Las Vegas and New Haven divedOnly 11 metros in the United States equaled or surpassed their average retail sales growth rates from the previous five-year period. REI details plans for first satellite officeREI Co-op’s first satellite office will be surrounded by trail networks and “sandwiched” between two parks. Sephora to open 60-plus freestanding U.S. stores in 2021 Sephora is embarking on the largest store expansion plan in its 21-year history in the United States. Victoria’s Secret to close more locations, Bath & Body Works to open 49 stores Victoria’s Secret isn’t done closing stores. Pyramid to add residential developments at all its malls The pandemic’s historic super-charging of online shopping has forced nearly every owner-operator of enclosed malls to rethink their components. Macerich seeks help from investment bank for notes that come due in July With malls stymied by pandemic-related closures and bankrupted tenants, Macerich finds its cash flow limited and has hired the PJT Partners investment bank to help it deal with a $1.5 billion revolving credit facility that comes due in July. Gap Inc. investing $140 million to build Texas DC amid rising online sales Gap Inc. is investing in a new fulfillment center as it looks to double its digital sales during the next couple of years. National Harbor signs four new tenants The Gaylord convention center and hotel at National Harbor, located just outside of Washington, D.C., in Maryland, remains closed. 5Qs for Josh Campbell on retail real estate’s new order In the 40 years since its beginnings in Tulsa, Stan Johnson Company, a real estate investment brokerage, has done $40 billion worth of deals. Skincare company Heyday wants to open ‘hundreds of stores’ in next five years Heyday plans to ramp up its brick-and-mortar expansion via franchising. Kimco and Brixmor are among the 10 Most Sustainable REITs Two prominent developers of outdoor shopping centers have made Barron’s annual list of the 10 Most Sustainable real estate investment trusts. Shake Shack is 2nd tenant at new Circle East in Towson Shake Shack opened on Feb. 20 at RPAI’s new Circle East mixed-use development in downtown Towson, Md. First Previous 207 208 209 210 211 Next Last
