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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.....»»

Category: topSource: bizjournalsApr 29th, 2020

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 .....»»

Category: topSource: bizjournalsApr 29th, 2020

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 .....»»

Category: topSource: bizjournalsMar 15th, 2020

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......»»

Category: topSource: marketwatchMar 4th, 2020

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.....»»

Category: topSource: bizjournalsFeb 10th, 2020

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.....»»

Category: topSource: bizjournalsFeb 10th, 2020

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......»»

Category: topSource: reutersJan 9th, 2020

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.....»»

Category: topSource: usatodayNov 16th, 2019

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.....»»

Category: topSource: usatodayNov 16th, 2019

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.....»»

Category: topSource: seekingalphaNov 1st, 2019

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......»»

Category: blogSource: crainsnewyorkOct 19th, 2019

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.....»»

Category: topSource: bizjournalsOct 1st, 2019

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.....»»

Category: topSource: bizjournalsOct 1st, 2019

ALIANSCE: Net revenue growth of 7.8% and AFFO expansion of 39.8% in 1Q19

RIO DE JANEIRO, May 8, 2019 /PRNewswire/ -- 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.....»»

Category: earningsSource: benzingaMay 8th, 2019

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.....»»

Category: topSource: bizjournalsOct 2nd, 2018

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......»»

Category: smallbizSource: wsjOct 3rd, 2018

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......»»

Category: topSource: moneycentralOct 4th, 2018

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......»»

Category: topSource: reutersOct 15th, 2018

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......»»

Category: realestateSource: cnbcDec 7th, 2018

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 .....»»

Category: europeSource: fortuneDec 22nd, 2018