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
July 2022
July 01
American Dream to offer NYC fireworks views from its Dream Wheel
American Dream is marching out a battalion of special offers to get folks to spend time with Triple Five on the Fourth.
June 2022
June 30
Consumers: ‘We wish specialty retailers could deliver as fast as fast-food’
During peak hours at some of its locations, Chick-fil-A can fill the orders of 100 cars an hour during peak times.
June 29
5Qs for John Dee on omnichannel integration
In the new retail world, landlords have to become digital marketers
June 29
Michigan mall’s autism museum is said to be the first of its kind
The Autism History Museum at Meridian Mall in Okemos, Mich., was the idea of Xavier DeGroat.
June 29
Freddy’s Steakburgers will add 57 new locations in the Lone Star State
One of the fastest-growing burger chains aims to nearly double its store count in Texas.
June 28
‘Eat Happy’ sandwich shop Mendocino Farms expands in Dallas
The L.A. restaurant with the Blue Cow statues and the “Not So Fried” chicken sandwich is continuing its move into Texas.
June 23
The Food Hall at American Dream will open next month
Triple Five promised it would open New Jersey’s finest fine-dining destination at American Dream, but it’s not yet open due to pandemic and supply chain delays.
June 23
Pyramid obtains an extension on its loan for Destiny USA
Since June began, Pyramid Management Group secured new financing for two of its centers.
June 22
Avalon developer Mark Toro announces first project for his new company
Less than a year after it came together, Toro Development Company has announced plans to turn a 43-acre site in Johns Creek, Ga., into a “Third Place” combining retail, dining, and entertainment.
June 21
Target to fill former Sears space at Danbury Fair in Connecticut
Target continues to take advantage of vacated department store spaces to expand its presence in the Northeast.
June 21
Parisi named to head Gristedes and D’Agostinos
Joe Parisi has been named to lead two of the most famous grocery brands in the Big Apple.
June 16
Inland acquires eight grocery-anchored properties
Inland Real Estate Group is expanding its portfolio.
June 15
First Look: Fenton debuts 350,000 sq. ft. of retail in the Research Triangle
The $850 million first phase of Hines’s Fenton project has opened in Cary in the heart of North Carolina’s Research Triangle.
June 14
Mall owner secures its second refinancing deal in a week
The owner-operator of Destiny USA has announced it secured a commercial mortgage-backed securities debt package to refinance its Crossgates Commons in Albany.
June 14
Reno mall must go up for sale…because it’s doing so well
Not all malls these days go on the market because Macy’s and J.C. Penney and 60% of their customers left them--especially not this one in Reno.
June 14
The Magnificent Mile’s latest rebuilding block—Aritzia in 46K sq. ft.
The largest retail lease transaction executed in nearly a decade on Chicago’s Magnificent Mile, according to CBRE, is a new 46,000-sq.-ft. location for Aritzia—its fourth in the city.
June 13
CBL will host More Than Pink walk at two of its properties
CBL Properties will partner with the Tennessee, Mississippi & Alabama chapter of the Susan G. Komen organization on two of its More Than Pink walks this year.
June 10
Domestic tourist foot traffic in New York is now higher than it was in 2019
Workers continue to stay home rather than head back to offices in big cities, but tourists are beginning to flock to them.
June 10
Macerich releases its corporate responsibility scorecard
Like most major owners of shopping centers, Macerich considers one of its chief corporate goals to be an involved supporter and benefactor of the communities in which its properties reside.
June 09
PREIT reports 10% sales increases at three malls in May
Sales at Cherry Hill Mall, Springfield Town Center, and Woodland Mall were up 10% year-over-year in May and 12-month comp sales grew 3% since the end of 2021, PREIT reported.
June 09
Simon Premium Outlets will rise in Nashville, Tulsa, and L.A.
This coming Saturday and Sunday are National Outlet Shopping Days, so what better time for Simon Premium Outlets to announce three new centers under development.
June 09
Texas taco chain expands nationwide with a scaled-down store footprint
A taco shop that opened its first store near Texas Christian University in Fort Worth will soon open in its 19th state with a four-store deal signed in Utah.
June 08
Rick Caruso will run against U.S. Rep. Karen Bass to be mayor of L.A.
Famed Grove developer Rick Caruso says he'll fix L.A.'s homeless problem and shore up its police department if he's elected in November.
June 07
Placer.ai: Don’t read too much into spring visit traffic declines
A new report from a leading source of traffic data at retail centers found a distinct lag in store visits during April, but blamed peaking gas prices, not waning shopper interest.
June 07
Vestar plans a modern makeover for Tivoli Village in Vegas
A mixed-use development in the Summerlin neighborhood of Las Vegas has a new operator that plans to make it a “city within a city.”
June 06
Remaking a mall: The new life planned for Georgia’s North Point
Can a dying mall rise again? Trademark's Terry Montesi says yes.
June 03
ICSC: Physical retail’s transition to omnichannel sped up at the Las Vegas show
Of the five “marketplace moves to watch,” two of them had to do with brick-and-mortar’s increasingly growing role in fulfillment of online orders.
June 02
CBRE hires new leasing VP for the Kansas City metro
Jody House has joined CBRE to focus on landlord representation and leasing for shopping centers and mixed-use developments in the Kansas City metro.
June 01
Atlanta metro Chick-fil-A can’t drive-thru to its desired new location
Municipalities nationwide have lightened up on their strict assessments of drive-thru lanes. But not in DeKalb, Ga., apparently.