Supermarket To Take Over Former Kmart Space In Northern Virginia
The grocer plans to take the majority of a 76K SF space in the Springfield Plaza shopping center, where Giant already has an existing store.
The grocer plans to take the majority of a 76K SF space in the Springfield Plaza shopping center, where Giant already has an existing store.
Even the biggest champions of the mall's redevelopment are painfully aware of the property's pitfalls.
Walgreens, Pier 1 Imports and Gap lead the list of national retailers that will be closing hundreds of stores this year after record closures in 2019.
The sponsors of CMBS loans on two malls south of Boston are delinquent or late on payments, resulting in the transfer to special servicing.
The Landmark Mall development team announced a deal Tuesday to move forward with the long-awaited redevelopment, aiming to break ground in 2023.
The owners of the Lakeforest Mall, Dulles Town Center and Westfield Montgomery say they are looking to adapt their properties for the future of retail.
The Emerald Square Mall is one of many malls in Boston's suburbs that have declined in value as town officials have tried everything to help them stay viable.
Landlords like Brixmor, Macerich, Simon and Kimco reported finding opportunity in backfills and redevelopments of big-box spaces where anchors closed.
Chicago leads the nation in office-to-industrial conversions by a significant margin, but developers are starting to face opposition from area residents.
The biggest leases, loans and sales in New York City this week.
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