News

Near the top of the leaderboard were regional mall REITs Macerich ... and industrial at 11%. A good example of the resurgence of malls in 2022—and a successful strategic adjustment that ...
But as online commerce flourishes and some regional malls struggle ... “Eagle Plaza is a perfect example of that.” Eric Flocco, executive vice president of the Marlton-based real estate ...
SAN JOSE — The owner of the Westfield Oakridge shopping center has struck a deal to sell the South San Jose regional mall, a deal that’s part of a years-long strategy to slash the company’s ...
Woodbridge Center is a local example of a nationwide trend ... according to The Philadelphia Inquirer. The struggling regional mall in Woodbridge sold to an unnamed buyer in February for $70.4 ...
"The company achieved significant leasing success at the regional mall by attracting national retailers 2nd & Charles and Destination XL in 2013, while also executing a $1 million renovation and ...
NORTH ATTLEBOROUGH, Mass.—The only mall in this former manufacturing town recently sold for a fraction of its value only a decade earlier, another sign that regional malls are sitting out a ...
Now, the vast stretches of cracked pavement surrounding this 1980s-era regional mall on Connecticut’s coast have more weeds than cars. Valued by an appraiser at $153 million as recently as 2012 ...
CRED iQ appraisal data show the mall was valued at $68 million as of mid-March. The 1.2 million-square-foot regional mall is collateral for two CMBS deals totaling $131.5 million. When UBS ...
According to the Hancock Regional Planning Commission, the middle section of the mall accounts for about 188,000 square feet and will be replaced with a 131,000-square-foot retail store.