Issue
Inside mall owner Namdar’s rapid growth story
At the Regency Square Mall in Jacksonville, Florida, roaches roam freely, the air conditioning is broken and the roof...
malls
The Latest
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...
Tri-State
Palisades Center worth half what it was in 2016: Appraisers
One of the nation’s largest malls has had its value chopped in half. Appraisers pegged the Palisades Center Mall’s...
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...
Malls to reopen, but what can shoppers expect?
It’s been five months since anyone in New York City said, “Get in loser, we’re going shopping.” And when...
National
Class B malls face collapse as retail bankruptcies pile up
Second-tier malls are at increasing risk of collapse as retail bankruptcies and store closures add up across the country....
National
Mall of America, behind on mortgage, fights foreclosure
The country’s biggest shopping mall is trying to stave off foreclosure after falling months behind on its $1.4 billion...