)
The excess of retail assets on the market is making it hard to unload stores
)
Retail REITs like Kimco, RPAI and PREIT are struggling to fight the perception of their sector.
)
CoStar Group's Ryan McCullough uncovers the main reason behind retailers' massive closures. Hint: It's not e-commerce.
)
Mall owners are revamping, re-leasing and charging four times the rental rates on properties formerly leased by department stores.
A former Kmart has become a sizable self-storage facility in suburban Charlotte.
This contract is preventing a number of mall landlords from salvaging their properties.
)
A New York family trust has acquired the Shoppes at Bowie Town Center for $21M from the developer that built it in 2004.
)
In the wake of recent retail closures, Cushman & Wakefield is heading to online marketplace RealINSIGHT Marketplace to reposition 16 Sears stores.
)
Some mall owners will be well-capitalized enough to renovate the locations abandoned by Bon-Ton to repurpose them for more contemporary uses.
In PREIT's second quarter earnings call, CEO Joe Coradino told analysts that a new day is about to dawn for the company's retail portfolio.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.