BLOG POSTS BY THIS AUTHOR
Oct 2019
Oct 11
The Experience-to-Stuff Ratio
It’s no secret that a successful retail center of any kind in 2019 — be it an outdoor center or an enclosed mall — must re-jigger its mix to include a wide variety of food, beverage, and entertainment-based tenants.
ARTICLES BY THIS AUTHOR
Jan 2022
Jan 27
5Qs for Aaron Wu on retail real estate’s recovery
Retail real estate is hot, and we found one of the people warming up the market.
Jan 27
Pine Tree announces property management promotions
Tenants of Pine Tree’s 100-plus power centers might want to update their contacts files.
Jan 26
Lifestyle center developer expands into residential development
Poag Shopping Centers, a pioneer in mixed-use lifestyle retail projects, has entered into a partnership that will extend its reach into residential development.
Jan 26
Warehouse rents, space availability hit all-time lows
Vacancy rates in warehouses are at an all-time low and not expected to improve anytime soon.
Jan 24
Charleston center offers ready-to-go restaurant space
Restaurants that couldn’t make it through the pandemic at a high-end mixed-use community in Charleston ended up making it easier for new restaurants to start cooking.
Jan 19
Matthew Beverly is named CEO of Cullinan Properties
A former RPAI executive is the new head of Cullinan Properties.
Jan 18
Inland divests two BJ’s Warehouse stores
Inland Private Capital Corp. announced that it has sold two BJ’s Warehouse stores.
Jan 18
Poag Shopping Centers signed 30 new tenants in 2021
The Omicron variant has stalled the nation’s return to health, yet retailers are returning to bricks-and-mortar in very healthy numbers.
Jan 13
BJ’s Wholesale Club gets set to re-enter the Columbus market
BJ’s Warehouse Club plans to open 10 new stores this year, and one of them will be in a metro that it departed from 20 years ago.
Jan 12
Pine Tree adds SoCal center to its retail portfolio
The company that claims to be the only private commercial real estate company in the country has added Glendale Marketplace in Glendale, Calif., to its growing portfolio.
Jan 12
Mall owner leased more space in 2021 than it did in the previous five years
If malls are dying, why are so many new tenants taking space in them?
Jan 11
An ice cream chain without freezers eyes national expansion
Ever been to a convenience store without refrigerators? A pizza shop without an oven? An ice cream store without freezers?
Jan 10
Centennial acquires Westland Mall in Florida
A Dallas-based owner of regional and super-regional malls has added a twelfth location to its mall roster.
Jan 10
Top shopping center owner names new VP of acquisitions
Aaron Wu has taken over as head of acquisitions at DLC Management which, with some 70 centers from Maine to Florida and west to Texas, is one of the nation’s biggest owners of outdoor centers.
Jan 07
The return of the automat
Quick-service food arrived in America in 1902 when Horn & Hardart introduced the automat.
Jan 06
Fargo mall expects great results to get better with purchase of empty anchor building
The owners of a mall in Fargo, N.D., claim to have hit a record sales per sq. ft. number in 2021. Now they look to take it higher after taking possession of a closed anchor.
Jan 05
Popular Long Beach center gets a new owner
A California-based developer of open-air retail properties that plans to double the square footage of its portfolio this year has set off aggressively on its mission in the first days of 2022.
Jan 04
5Qs for Kristina Tipton on attracting millennials and Gen Zers
Nine out of 10 Gen Zers shop online, but eight out of 10 said they visited stores during the holidays, as well.
Dec 2021
Dec 30
$850 million mixed-use project approved for New York’s South Street Seaport
Howard Hughes Corp. will be expanding its presence in New York City’s historic downtown seaport that promises to revitalize the South Street Seaport Museum.
Dec 28
Nation’s first outlet center will become a residential development
The seeming colonial village in Flemington, N.J., looks destined to become an actual village after all.
Dec 22
Total redevelopment eyed for mall site in Cincinnati
Two Texas-based firms aim to turn Tri-County Mall in the Cincinnati Metro into a mixed-use neighborhood.
Dec 21
Crumbl Cookies continues rapid expansion
Two cousins from Utah will open their 326th store at The Levee District in East Peoria.
Dec 21
Cinemark to air the college football playoffs in 27 theaters
College football fans of Michigan, Alabama, Georgia, and Cincinnati who can’t get game tickets will be able to head to malls and shopping centers to cheer their teams to the national championship from Luxury Loungers in Cinemark theaters this New Yea
Dec 20
Cordish tapped to create a food-and-fun district at Miami’s Dolphin Mall
The developer of Ballpark Village outside of the St. Louis Cardinals’ Busch Stadium and Live! Casino at CBL’s Westmoreland Mall in Pittsburgh will be constructing a new dining and entertainment concept at Miami’s largest outdoor shopping center.
Dec 17
CBL adds 1.7 million sq. ft. of new uses in 2021
CBL Properties has added more than 1.7 million square feet of new retail, dining, entertainment, and other uses in the renovation of its malls and open-air shopping centers since January 2021.
Dec 16
Moorestown Mall attains approval to add multifamily housing
Excavators will soon dig in at Moorestown Mall in New Jersey as owner PREIT won unappealable approval for it to add multifamily housing there.
Dec 15
Global survey: Medical and life sciences tenants will spread fastest post-pandemic
Stores can expect to see more and more co-tenants from the medical community in the coming years, according to a survey of 179 European and American real estate pros conducted by Duff & Phelps.
Dec 14
Charles Barkley named his daughter after a mall in Delaware
During a podcast with Ernie Johnson, his co-host on TNT’s “Inside the NBA,” basketball legend Charles Barkley admitted that he named his daughter Christiana after the Christiana Mall in Delaware.
Dec 14
JLL: Demand for grocery-anchored centers highest in two decades
Investors have been highly active in acquiring grocery-anchored centers this year, and operating companies with huge portfolios of the properties.
Dec 10
Crowds were small and so were booths, but business was big at RECon 2021 in Las Vegas
Eighteen months after its last convocation, the retail real estate industry’s RECon show reopened this week in Las Vegas.
Dec 09
Neighborhood center developer sees tenants making bolder steps into omnichannel
Long-running brick-and-mortar tenants have ramped up their technological prowess and are engaged in trend-setting changes to their physical stores, according to Phillip Edison & Company.
Dec 09
Euro-style retail square to be opened at Boston’s Seaport in 2022
The Superette, an “intimate” retail setting that will host trendy brands such as Rag&Bone, Le Labo, and Scotch & Soda will be opening up in the spring and summer of 2022 as part of WS Development’s 33-acre renovation of waterfront in Boston.
Dec 08
JLL: ‘Retail’s recovery is going faster than anyone imagined’
Highlights of JLL’s “Retail Recovery” report released as the ICSC’s big RECon show—canceled last May—opened this week in Las Vegas.
Dec 06
5Qs for Jen Peterson on creating a real sense of community at town centers
We called Jen Peterson, chief executive of Easton Town Center, to find out what was cooking there this holiday season.
Dec 01
5Qs for bankruptcy lawyer Mark Indelicato about the future of shopping center tenants
Over more than 30 years at the firm of Thompson Coburn Hahn & Hessen in New York, Mark Indelicato has surveyed both the unfolding and rebuilding of scores of retail chains.