Mall Owners Struggle To Unload Real Estate Assets With Limited Buyers Pool
The excess of retail assets on the market is making it hard to unload stores
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.
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