Miami International Mall’s Market Value Plummets To $159M
South Florida
Aug 20, 2024

Miami International Mall’s market value plummets to $159M

A decade ago, Simon Property Group-owned retail center was worth $391M, according to Morningstar
Agave, Simon, Schmier, Giles, Rosemurgy, Wheelock Nab Tenants
South Florida
Jul 8, 2024

Lease roundup: Zuccaly restaurant on tap in Coral Gables, Bar Bombay at Uptown Boca

ManCave for Men, The Lush Lounge also ink leases
Simon Fails To Pay Off $159M Miami International Mall Loan
South Florida
Feb 21, 2024

Simon fails to pay off $159M Miami International Mall loan on maturity date

Indianapolis-based owner is hemorrhaging tenants as retail center’s occupancy dropped to 78% last year
Shoma, Pérez’s Related, Turnberry Associates Score Tenants
South Florida
Jan 22, 2024

Lease roundup: Shoma, Related, Turnberry nab tenants

Also, three law firms took space in Coral Gables, Call me Gaby opening in Aventura, Mister 01 Extraordinary Pizza in Miramar and Pasta in Wynwood
Nuveen Real Estate, Prologis, Simon Property Score Tenants
South Florida
Nov 20, 2023

Lease roundup: Pura Vida opens at 701 Brickell, Simon Property scores 11 tenants in Boca Raton

Also, a pharmaceutical company plans a compounding facility in Doral
AP House, Roger Federer-Backed Sportswear Brand Sign Leases
South Florida
Oct 30, 2023

Lease roundup: Roger Federer-backed brand On opens in Miami Design District, AP House coming to South Beach

Plus: Century Town Center scored 3 tenants
Nora District, Aventura Mall, Merrick Park Nab Tenants
South Florida
Sep 25, 2023

Lease roundup: Nora District in downtown West Palm scores first tenants

Elsewhere, a bridal shop opened in Aventura Mall and a candy store is on tap in Miami Beach
A photo illustration of Nuveen Real Estate's Mike Sales and an aerial view of the Waterford Business District (Getty, Nuveen Real Estate, Blanca Commercial Real Estate)
South Florida
Jul 3, 2023

Lease roundup: Waterford Business District scores five new tenants

Also, restaurant Church and Union will open in South Beach
Simon Property Group's David Simon with rendering of planned Kohl’s store
South Florida
Jun 28, 2023

Kohl’s plans to anchor Sawgrass Mills in Sunrise

64K sf department store to take space of shuttered Century 21
From left: Jimmy Tate, Jorge Pérez, Sergio Rok, and Kenny Tate along with renderings of Marina Village at the planned Bahia Mar project in Fort Lauderdale (Related Group, Rok, Marina Village at Bahia Mar)
South Florida
Jun 26, 2023

Lease roundup: Bahia Mar, Atlantic Village, 701 Brickell score tenants

In other deals, eight tenants signed deals at Simon’s Town Center at Boca Raton
From left: Seritage Growth Properties’ Andrea Olshan; Simon Property Group’s Mark Silvestri and David Simon; 5900 Glades Road in Boca Raton (Getty, Google Maps, Seritage Growth Properties, Simon Property Group)
South Florida
Mar 27, 2023

Simon wins suit against Seritage over Sears in Boca Raton

Mall owner successfully claimed it has a right to purchase shuttered store
Hilco's Neil Aaronson with Barton Creek Square Mall (Hilco, Google Maps, Getty)
Austin
Dec 8, 2022

Former Barton Creek Square JCPenney’s sells for $13M

More than 144,000 square feet sold at the recently renovated mall
Restoration Hardware’s Gary Friedman with Simon Outlets and Tanger Outlets in San Marcos (Simon Properties. Tanger Outlets, Getty)
Texas
Dec 1, 2022

Restoration Hardware Appears Poised to Ditch Simon for Tanger Outlet in San Marcos

Upscale furniture brand files plan to build 21K sf shop down street from current location
Simon Property Group’s David Simon (Getty)
New York
Nov 1, 2022

Simon: Malls don’t suck. In fact, they’re doing well

Occupancy, rental income up for shopping mall REIT
Woodbury Common Premium Outlets in Central Valley, NY with Simon Property Group CEO David Simon (Simon Property Group)
Tri-State
Jun 9, 2022

Simon to add 160K sf, hotels to Woodbury Common

Mall owner says time is right to expand outlets north of NYC
“We kicked the crap out of ‘21”: Largest U.S. mall owner claims comeback
New York
Feb 8, 2022

“We kicked the crap out of ‘21”: Largest U.S. mall owner claims comeback

Simon Property Group beats earnings, revenue estimates as it leans into investments, redevelopment
Developers are finding new lives for “zombie” malls
New York
Nov 4, 2021

Developers are finding new lives for “zombie” malls

As the industry’s dominant players falter, nontraditional investors circle distressed shopping hubs