Saddled with $260M debt, Pembroke Lakes Mall could be in trouble: Morningstar
An exodus of tenants and diminished net cash flow could spell trouble for the owner of Pembroke Lakes Mall,...
The Latest
Galleria Fort Lauderdale owner revives, revamps redevelopment proposal
The owner of the Galleria Fort Lauderdale mall has dusted off a formerly contentious proposal to redevelop the property,...
Barry Sternlicht’s Starwood Capital sells Westland Mall in Hialeah by reassigning $149M loan
Barry Sternlicht’s Starwood Capital Group sold Westland Mall in Hialeah to a Dallas-based retail real estate firm. Centennial scooped up the mall at 1675...
National
Now streaming: Have the holidays brought shoppers back to stores?
Happy holidays, from the team behind TRD’s podcast, “Deconstruct.” To celebrate, we’re digging into the one big question on...
New York
What 3 big mall bankruptcies say about the state of retail
In “Mallrats” — the quintessential movie about ’90s mall culture — a character is driven mad trying to find...
National
Here’s what tenants pay (and pull in) at the Domain in Austin
The following is a preview of one of the hundreds of data sets that will be available on TRD...
National
Unibail-Rodamco plans “radical reduction” of regional malls
Unibail-Rodamco-Westfield will look to sell its regional malls in the U.S. as it struggles to recover from the pandemic’s...
National
Starwood bailing on the mall business
Barry Sternlicht’s Starwood Capital Group is moving away from its mall portfolio as values on the properties continue to plunge. The investment firm has been selling off shopping centers at a loss across the...
National
RPT Realty ponders bankrupt mall owner Washington Prime
Shares of mall owner Washington Prime were trading at about $5 before it filed this month for Chapter 11...
National
Simon says suburbia is hot, raises guidance for 2021
After a devastating year of mall closures and tenant bankruptcies, Simon Property Group raised its guidance, saying that people...
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