REAL ESTATE

Westfield puts its malls to work for their communities
A closed mall is not an inoperative mall—not if it’s a Westfield mall, at least.
NRA releases guidance for restaurant reopenings
The National Restaurant Association released guidelines to be used in conjunction with the instructions that restaurant operators receive from authorities during their re-opening phase-in.

Report: Prepping for the 'new normal'

A new report on what to expect from a post-COVID-19 “new normal” suggests that it could be more normal than new.
Study: Men feel safer overall than women about returning to stores

Consumers feel the safest shopping in grocery stores and drug stores — but some more than others.
Kite sets up $5 million loan program for local retail tenants

Kite Realty Group, which owns and operates scores of power centers and community centers in the United States, has set up a low-interest loan program with a fund aggregate of $5 million for its smaller, local tenants.
Gap stops paying rents; issues warning

Gap Inc. has suspended rent payments and said that, if unable to change lease terms, it could be deemed to be in default.
Liquidation expert: COVID-19 will cause a huge rise in dispositions

It’s a well-known fact that per capita retail square footage in the United States is nearly twice the amount found in the United Kingdom or Japan.
Florida landlord sues AMC Theaters for non-payment of rent

The show must not go on, but the rent checks must.
Houston malls may re-open for curbside pickup orders

Texas Governor Greg Abbott has issued a “retail to-go” plan that may allow malls in the state to take orders and deliver them curbside on their properties and several Houston malls are eager to take advantage of the offer, according to click2houston.com.
5Qs for Yaromir Steiner on the shutdown

Shutting down Easton Town Center in Columbus, Ohio, is like shutting down a small city.