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Retail Closures ‘Proving To Be An Opportunity’ As Landlords Backfill At Higher Rents
Landlords like Brixmor, Macerich, Simon and Kimco reported finding opportunity in backfills and redevelopments of big-box spaces where anchors closed.
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Landlords like Brixmor, Macerich, Simon and Kimco reported finding opportunity in backfills and redevelopments of big-box spaces where anchors closed.
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Brookfield owns the 1M SF central portion of the massive Natick Mall, which saw Wegmans close last year and has dozens of other leases expiring.
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Tariffs and tapped-out consumers have caused some retailers to grow more cautious in leasing space.
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Houston-based Fidelis Realty Partners acquired a Chicago-area shopping center, plus more in this week's Chicago Deal Sheet.
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Brooklyn's Fulton Street reinvented
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The opposite of height limits
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The influx of big-name US retailers to Toronto continues to spur the acquisition of retail properties.
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