Less than a week after being named chairman of the International Council of Shopping Centers, Valerie Richardson has been appointed to the board of directors of Kimco Realty Corp.
It’s said that retail follows rooftops, so expansion-minded retailers might want to set their sights on Hawaii, Wisconsin, Kansas, and Washington, according to a report from Experian.
Madison Marquette, whose trendsetting projects range from the new District Wharf in the nation’s capital to Pacific Place in Seattle, plans to merge with PMRG to create a company with more than $7 billion in assets.
Investment in retail assets plummeted by 46% in the first half of 2018, but JLL predicts a second-half comeback that should end up surpassing last year’s investment increases.
The Outlet Resource Group, which helps develop and lease outlet centers in the U.S. and Europe, has taken on a new project in Panama City that could have repercussions throughout Central and South America.
