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REAL ESTATE

News and analysis on retail related real estate, including deals, center development and tenant updates.

Stephen Yalof

Simon Premium Outlets chief is chosen to lead Tanger

Stephen Yalof has joined Tanger Factory Outlet Centers as COO and will succeed Steven B. Tanger as CEO in 2021.

Conor Flynn

Kimco forms unit to give tenants a jump on government relief

When the pandemic hit, Conor Flynn and the rest of the leadership at Kimco were confident they’d make it through the tough times. 

Pier 1 Imports might soon become a shadow of its former self.

lululemon

Lululemon athletica inc. is paying its employees even as its stores remain shuttered amid the COVID-19 pandemic.

Hessam Nadji

Here’s how the coronavirus-caused economic plunge is different from 2008.

The harsh lessons learned during the coronavirus (COVID-19) may be exactly what will help retailers to survive — and thrive — post-pandemic.

Nickelodeon Universe at American Dream

American Dream is shifting course slightly as it bets on entertainment to bring in the crowds.

Meridian Leasing's James Famularo

One retail leasing agent in New York foresees bleak consequences in the aftermath of the coronavirus pandemic, with retail vacancy rates hitting 50%.

Taubman's City  Creek Center in Salt Lake City

Taubman Centers, one of the largest owners of malls in the United States, is demanding rent from tenants even though their properties are shuttered during the coronavirus pandemic.

Children's Place

The Children's Place Inc. is the latest retailer to furlough employees and take other measures to boost financial flexibility as it extends store closures indefinitely amid the COVID-19 pandemic. 

Pennsylvania’s largest owner of enclosed malls has taken actions to strengthen its balance sheet and create $300 million in incremental liquidity.

With its stores temporarily closed, Urban Outfitters said it will suspend the payment of rent temporarily and delay or cancel some planned new store openings.

Kimco's Embry Village in Atlanta

One of North America’s largest publicly traded owners and operators of grocery-anchored centers and mixed-use assets has girded itself against coronavirus by obtaining a $375 million unsecured term loan.

ulta

Ulta Beauty Inc. joined the growing list of retailers whose stores will remain temporarily closed until “it is safe to reopen.”

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