National
Converting empty malls to warehouses isn’t easy
As demand for e-commerce grew and large tenants like Sears closed up shop, some mall owners sought to redevelop...
The Latest
National Insights
These are the biggest malls landlords ready to hand over to CMBS lenders
As shopping centers across the country continue to struggle with a new surge in infections and lockdowns, the expiry...
National
Retailers now owe $52B in back rent
Brick-and-mortar stores were struggling before the pandemic. But now, the retail sector owes $52 billion in back rent. An analysis of data from CoStar found that retailers nationwide had missed two to four months’...
National
Unibail-Rodamco-Westfield says its real estate is worth 11% less than last year
Unibail-Rodamco-Westfield saw U.S. rental income tumble 39 percent year-over-year in the third quarter, the company disclosed Sunday. The retail...
Chicago
Starwood loses control of another mall in default
Starwood Retail Partners is giving up on one of its suburban Chicago malls, handing over the keys to its...
Insights
Here’s what tenants are paying at Shops at Merrick Park
Nordstrom and Neiman Marcus may be closing stores across the country amid the pandemic, but at the Shops at...
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