South FloridaDec 2, 2024Simon, Brookfield face tough road ahead for their South Florida zombie mallsOwners of Miami International Mall and Pembroke Lakes Mall could have difficulty refinancing nine-figure loans on both properties
South FloridaOct 30, 2024Easton drops $17M for Miami International Mall’s closed Sears, plans up to 500 apartmentsBuyer also recently picked up adjacent JCPenney, which isn’t slated for redevelopment
South FloridaSep 23, 2024Lease roundup: Toscana Divino making a comeback in Key Biscayne, Christmas pop-up on tap in Coral GablesAlso, new restaurant Ockap Caviar will open in Miami’s Brickell
South FloridaAug 20, 2024Miami International Mall’s market value plummets to $159MA decade ago, Simon Property Group-owned retail center was worth $391M, according to Morningstar
South FloridaJul 8, 2024Lease roundup: Zuccaly restaurant on tap in Coral Gables, Bar Bombay at Uptown BocaManCave for Men, The Lush Lounge also ink leases
South FloridaFeb 21, 2024Simon fails to pay off $159M Miami International Mall loan on maturity dateIndianapolis-based owner is hemorrhaging tenants as retail center’s occupancy dropped to 78% last year
South FloridaJan 22, 2024Lease roundup: Shoma, Related, Turnberry nab tenantsAlso, three law firms took space in Coral Gables, Call me Gaby opening in Aventura, Mister 01 Extraordinary Pizza in Miramar and Pasta in Wynwood
South FloridaNov 20, 2023Lease roundup: Pura Vida opens at 701 Brickell, Simon Property scores 11 tenants in Boca RatonAlso, a pharmaceutical company plans a compounding facility in Doral
South FloridaOct 30, 2023Lease roundup: Roger Federer-backed brand On opens in Miami Design District, AP House coming to South BeachPlus: Century Town Center scored 3 tenants
South FloridaSep 25, 2023Lease roundup: Nora District in downtown West Palm scores first tenantsElsewhere, a bridal shop opened in Aventura Mall and a candy store is on tap in Miami Beach
South FloridaJul 3, 2023Lease roundup: Waterford Business District scores five new tenantsAlso, restaurant Church and Union will open in South Beach
South FloridaJun 28, 2023Kohl’s plans to anchor Sawgrass Mills in Sunrise64K sf department store to take space of shuttered Century 21
South FloridaJun 26, 2023Lease roundup: Bahia Mar, Atlantic Village, 701 Brickell score tenantsIn other deals, eight tenants signed deals at Simon’s Town Center at Boca Raton
South FloridaMar 27, 2023Simon wins suit against Seritage over Sears in Boca RatonMall owner successfully claimed it has a right to purchase shuttered store
AustinDec 8, 2022Former Barton Creek Square JCPenney’s sells for $13MMore than 144,000 square feet sold at the recently renovated mall
TexasDec 1, 2022Restoration Hardware Appears Poised to Ditch Simon for Tanger Outlet in San MarcosUpscale furniture brand files plan to build 21K sf shop down street from current location
New YorkNov 1, 2022Simon: Malls don’t suck. In fact, they’re doing wellOccupancy, rental income up for shopping mall REIT
Tri-StateJun 9, 2022Simon to add 160K sf, hotels to Woodbury CommonMall owner says time is right to expand outlets north of NYC
New YorkFeb 8, 2022“We kicked the crap out of ‘21”: Largest U.S. mall owner claims comebackSimon Property Group beats earnings, revenue estimates as it leans into investments, redevelopment
New YorkNov 4, 2021Developers are finding new lives for “zombie” mallsAs the industry’s dominant players falter, nontraditional investors circle distressed shopping hubs