Content about Shopping mall

May 7, 2013
Glimcher Gets Some Fresh Air

The Glimcher Realty Trust pipeline is filled with open-air centers. "We're seeing a lot of opportunity in the market and even our own portfolio with open-air right now," said Michael P. Glimcher, chairman and CEO, Columbus, Ohio-based Glimcher.

Over the last three years, Glimcher has acquired five properties. Four were open-air. Today, open-air centers account for about 20% of the company's 29 properties.

Recently, Glimcher shared his insights about open-air and enclosed centers with Chain Store Age contributing writer Michael Fickes.

May 6, 2013
A Fashion First

When The Mall at Bay Plaza opens to the public in 2014, adjacent to the highly successful outdoor Bay Plaza Shopping Center, it will be heralded as the first enclosed fashion mall in the New York City area in nearly 40 years.

May 6, 2013
Taubman’s Michigan shopping centers designated ‘stormready’

Taubman said that all four of its shopping centers in the state of Michigan -- Fairlane Town Center, Great Lakes Crossing Outlets, The Mall at Partridge Creek and Twelve Oaks Mall – have received StormReady designation from the National Weather Service, a component of the National Oceanic and Atmospheric Administration.

April 25, 2013
Spanish restaurant to open at Suniland Shopping Center

Terranova Corp. said that it has signed a deal with Spanish restaurant chain 100 Montaditos to open a unit at Suniland Shopping Center, in Pinecrest, Fla.

April 5, 2013
Galleria at Sunset to undergo $7 million remodel; H&M to open

One of Southern Nevada’s largest shopping centers is set to undergo a $7-million renovation, its largest since it opened in 1996.

April 5, 2013
Phoenix Premium Outlets officially opens

Simon Property Group announced that it opened Phoenix Premium Outlets, the upscale outlet shopping center serving the Greater Phoenix and Scottsdale areas.

March 15, 2013
Adding Context

Expect no prophesying about the death of enclosed malls. The format is alive and well, and there are countless examples of thriving under-roof shopping centers around the country.

Still, there is no question that the open-air format has stolen mall thunder.

March 13, 2013
U.S. Bank closes on $46 million loan for Pier Park North

Columbus, Ohio-based Casto said that its JV partners The St. Joe Co. and Strategic Retail Advisors, along with U.S. Bank, have closed on a $46 million construction loan that will finance The Pier Park North Shopping Center, a 360,000-sq.-ft. shopping center in Panama City Beach, Fla.

March 7, 2013
Big Lots to open at Park Shore Shopping Center

Brixmor Property Group said that Big Lots will open a new store at Park Shore Shopping Center, located in Naples, Fla.

March 4, 2013
Target to open three pilot stores in Canada on March 5

Target announced that it is opening three pilot stores in Ontario on March 5 at Stone Road in Guelph, Milton Mall Shopping Centre in Milton and Gates of Fergus in Fergus.

February 8, 2013
Report: Shopping center industry Q4 profit rises 4.3%

A report released by the National Council of Real Estate Investment Fiduciaries and the International Council of Shopping Centers said that the U.S. shopping center industry’s net operating income for the fourth quarter continued to show a strong gain nationally, rising 4.3% year-over-year.

January 25, 2013
Report: Chicago-area shopping center development shows uptick

A report by Mid-America Real Estate Corp. found that 2012 shopping center construction in the Chicagoland area grew 10% year-over-year, after a four-year decline.

January 24, 2013
Office Depot to open at Lincoln Square Shopping Center

Transwestern announced that it has negotiated a new 9,994-sq.-ft. lease for Office Depot at Lincoln Square Shopping Center, located in Arlington, Texas.

December 19, 2012
Report: U.K. holiday shopping still behind 2011

A report released by the International Council of Shopping Centers and Path Intelligence found that, although U.K. consumers are stepping up their shopping at the nation’s shopping centers, the pace is still trailing 2011.

December 3, 2012
Casto, St. Joe, SRA team to develop Pier Park North

The St. Joe Co., together with Casto and Strategic Retail Advisors, announced a joint venture to develop Pier Park North, a 390,000-sq.-ft. shopping center located across from Pier Park Lifestyle Center in Panama City Beach, Fla.

November 27, 2012
Focus on: Shopping Center Management

If there is one booming business inside the shopping center industry, it’s that of third-party management. 

Shopping center management — whether you’re talking operational control, marketing programs and strategies, or leasing — is growing by leaps and bounds, as owners find alternative ways to fill the coffers when new construction is at a standstill.

October 25, 2012
Uniqlo’s Mall Play

Uniqlo has made its first move in an ambitious plan to become a major presence in shopping malls throughout the nation. The company, Japan’s largest retailer and a division of Fast Retailing Co., has jump-started its U.S. expansion with the opening of a 43,000-sq.-ft. store in Westfield Garden State Plaza, Paramus, N.J.

September 25, 2012
ICSC: Holiday chain store sales to rise 3%

A holiday preview report released by the International Council of Shopping Centers said that sales are forecasted to rise 3% during the traditional November-December 2012 holiday period.

September 19, 2012
New tenant to open at Four Corners Shopping Center

Houston-based Baker Katz, an X Team International partner, announced that Spec’s Wines, Spirits and Finer Foods is the newest tenant to sign a lease at Four Corners Shopping Center in Tomball, Texas.

August 15, 2012
Levin secures five new shopping center assignments

Levin Management Corp. said that it has secured five new shopping center property assignments in recent weeks, reflecting continued demand for third-party retail real estate services in the New York/New Jersey and Pennsylvania markets.

August 6, 2012
Report: U.S. shopping-center industry posts healthy Q2 net income gain

Total operating income of all shopping centers on a square-foot basis in the second quarter of 2012 rose 4.9% from the same quarter last year, while operating expenses rose by a larger 5.8%, according to a new quarterly shopping-center benchmarking report from The National Council of Real Estate Investment Fiduciaries (NCREIF) and the International Council of Shopping Centers (ICSC).

August 6, 2012
Shopping center space in Europe to expand 25% in 2012

New shopping center development in Europe is expected to increase by a quarter in 2012 to meet retailer demand for modern, high quality retail space, according to the latest research by global property adviser CBRE.

July 20, 2012
Youfit Health Clubs to open at Crossings Shopping Village

Terranova Corp. said that it has signed Youfit Health Clubs in Crossings Shopping Village, a Publix-anchored shopping center in the Kendall, Fla., area.

July 19, 2012
A Welcome Development: Landlords Tout New Projects

By Eileen F. Mitchell, RCS Real Estate Advisors

July 16, 2012
Jones Lang LaSalle launches Kids, Inc. program

In an effort to promote retail entrepreneurism among today’s youth, Jones Lang LaSalle is inviting kids ranging from six to 15 years of age to participate in its “Kids, Inc.” program. The program will be hosted at select Jones Lang LaSalle-managed shopping centers throughout the United States.

© 2013