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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.
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Even the biggest champions of the mall's redevelopment are painfully aware of the property's pitfalls.
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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.
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The sponsors of CMBS loans on two malls south of Boston are delinquent or late on payments, resulting in the transfer to special servicing.
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The Landmark Mall development team announced a deal Tuesday to move forward with the long-awaited redevelopment, aiming to break ground in 2023.
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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.
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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.
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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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Chicago leads the nation in office-to-industrial conversions by a significant margin, but developers are starting to face opposition from area residents.
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The biggest leases, loans and sales in New York City this week.
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