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Here"s how Simon Property Group"s local malls may operate when they reopen
Simon Property Group, the country's largest mall owner which operates many of Orlando's largest shopping centers, is gearing up to reopen stores, according to a report from CNBC. The Indianapolis-based mall giant (NYSE: SPG) will open 49 shopping ce.....»»
Domain, other Simon malls to reopen Friday, CNBC reports
On the heels of Gov. Greg Abbott announcing plans to reopen parts of the Texas economy, the country's largest mall owner plans to reopen 49 shopping centers across the nation May 1-4, including five in Austin, according to CNBC. On May 1, Simon Property .....»»
KoP Mall, other retail centers closed; grocery and home improvement stores see crowds
From the mega King of Prussia Mall in Montgomery County to the Exton Mall in Chester County, owners of these sprawling shopping centers were shuttered over the weekend as Gov. Tom Wolf expanded his edict to close non-essential retail as an effort to .....»»
British shopping mall owner Intu crashes 30% as it ditches £1 billion cash call on “extreme†market conditions
Shares in Intu Properties crash after British shopping centers owner pulls its emergency cash call......»»
Former Independence Center owner buys stake in Country Club Plaza
The Country Club Plaza has a new owner. Simon Property Group, the largest shopping mall operator in the U.S., will buy Tauban Centers Inc. (NYSE: TCO) as well a real estate investment trust that co-owns the Country Club Plaza in a deal valued at arou.....»»
Major U.S. mall giant to acquire owner of Cherry Creek Shopping Center for $3.6B
Simon Property Group Inc. (NYSE: SPG) will indeed acquire Taubman Centers Inc. in a deal foreshadowed by reports in early February. As the biggest mall owner in the U.S., Simon plans to fund the $3.6 billion acquisition of fellow mall-owner Taubm.....»»
IKEA enters UK shopping centers market with London mall deal
IKEA's shopping center business is spending 170 million pounds ($222 million) to buy and upgrade a London mall in its first foray into Britain, betting it can win over a nation increasingly doing its shopping online......»»
Let"s go to the mall: 10 shopping centers that are tourist destinations in their own right
Brick and mortar isn't dead. Here's why tourists still flock to Las Vegas' Forum Shops, Hawaii's Ala Moana Center and New Jersey's n.....»»
Let"s go to the mall: 10 shopping centers worth traveling to
From Hawaii's Ala Moana Center to New York's Woodbury Common luxury outlet mall, these malls are a tourist destination all on th.....»»
Taubman Centers: The Post-Earnings Drop Makes This High-End Mall Landlord A Solid Buy
Taubman Centers: The Post-Earnings Drop Makes This High-End Mall Landlord A Solid Buy.....»»
American Dream mall is a nightmare for New Jersey shopping centers
The malls of northern New Jersey, go-to destinations for shoppers from nearby New York City for more than half a century, are trying to find ways to stand out as a colossal new neighbor arrives to... To view the full story, click the title link......»»
Here are 5 ways Bay Area malls are reinventing themselves
Although the future of the U.S. shopping mall industry overall looks grim, Bay Area shopping centers seem to be better weathering the storm of rising vacancies and store closures being felt by many of their counterparts across the country. The averag.....»»
Here are 5 ways Bay Area malls are reinventing themselves
Although the future of the U.S. shopping mall industry overall looks grim, Bay Area shopping centers seem to be better weathering the storm of rising vacancies and store closures being felt by many of their counterparts across the country. The averag.....»»
ALIANSCE: Net revenue growth of 7.8% and AFFO expansion of 39.8% in 1Q19
RIO DE JANEIRO, May 8, 2019 /PRNewswire/ --Â Aliansce Shopping Centers S.A. (B3: ALSC3), one of Brazil's largest shopping mall owners and operators, announced today its financial results for the first quarter of 201.....»»
Milpitas" Great Mall unveils major revamp as Silicon Valley shopping centers up the ante
As retail sputters in some places around the country, Silicon Valley retailers and property owners are facing a different challenge: how to compete in a market where investment is still hot in the retail sector. The Great Mall in Milpitas is one of th.....»»
Mall Vacancies Are Highest in 7 Years After Big-Box Closings
Rising shopping mall vacancies across the U.S. are driving down rents, signaling that many retail centers continue to struggle despite the country’s strong economic growth and buoyant consumer confidence......»»
Mall vacancies are highest in 7 years after big-box closings
Rising shopping mall vacancies across the U.S. are driving down rents, signaling that many retail centers continue to struggle despite the country’s strong economic growth......»»
Many U.S. mall owners say good riddance to Sears
The real estate investment trusts that own the malls and shopping centers where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans......»»
US mall owners have been slow to change for years. But now they"re trying to embrace it
As 2018 comes to an end, it's been announced that more than 146 million square feet of retail space will be shut across the U.S. in malls and shopping centers, according to real estate research group CoStar......»»
Mall Landlords Embrace Popups to Revive Dead Zones
It wasn’t that long ago that retailers looking for space at shopping centers would get paperwork only for a multiyear lease. It wasn't that long ago .....»»