Macerich exec says “the retail apocalypse is a good thing”
As e-commerce continues to kill brick-and-mortar stores, some landlords appear to be embracing the new reality for retail. “The...
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Mall owner Macerich expects more store closures in 2019 across portfolio: CEO
As shopping malls nationwide have been battered by ecommerce, mall landlord Macerich has sought alternatives by redeveloping some of...
National Cheat Sheet: Fed’s interest rate hike raises Trump Org’s borrowing costs, US housing market slowdown could continue …
& more
Trump Org faces extra $1M in borrowing costs from higher interest rates The Federal Reserve irked President Donald Trump by raising interest rates for...
How one REIT is trying to lure online brands into brick-and-mortar stores
Macerich is trying out a new program in its malls to make it easier for e-commerce brands to open...
Macerich partners with Industrious to bring co-working into malls
Mall owner Macerich announced a partnership with co-working company Industrious to turn unused retail space into flexible offices. The...
Macerich plans affordable shops, outdoor space at Queens mall
Macerich, a real estate investment trust that owns retail properties nationwide, has big plans for drawing crowds to its...
Macerich to buy Kings Plaza Mall for $751M
Shopping Mall Investor And Operator Macerich Will Buy The Kings Plaza mall in Brooklyn for $751 million, the firm announced today. Macerich — the owner of Queens Center and the Shops at Atlas Park — is...
New stores, maybe a new name, for troubled Queens shopping mall
Atlas Park shopping mall in Glendale, Queens is attempting to change its image. The Times Ledger reported that the...
At least 10% of U.S. malls are doomed: retail execs
In perhaps the latest sign that retail malls are going the way of the dinosaur, industry executives said a...
ATCO puts industrial park near Atlas Park on the market
From left: ATCO’s Damon Hemmerdinger and the Shops at Atlas ParkATCO is selling the Atlas Terminals, an industrial park...
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