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.
Landlords like Brixmor, Macerich, Simon and Kimco reported finding opportunity in backfills and redevelopments of big-box spaces where anchors closed.
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.
Tariffs and tapped-out consumers have caused some retailers to grow more cautious in leasing space.
Houston-based Fidelis Realty Partners acquired a Chicago-area shopping center, plus more in this week's Chicago Deal Sheet.
Brooklyn's Fulton Street reinvented
The opposite of height limits
The influx of big-name US retailers to Toronto continues to spur the acquisition of retail properties.
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