Malls


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Brookfield Property Partners' Brian Kingston and Brookfield Place (Brookfield;Getty/Illustration by Kevin Rebong for The Real Deal)
National

Brookfield Property Partners reports $2B in losses in 2020

Closing the book on a devastating year, Brookfield Property Partners recorded about $2 billion in losses in 2020, with...

Brookfield Property Partners reports $2B in losses in 2020
(iStock/Photo Illustration by Kevin Rebong for The Real Deal)
National

Values of Class A malls down 45% from 2016 levels

The value of America’s luxury malls is roughly half what it was in 2016, a worrying sign for an...

Values of Class A malls down 45% from 2016 levels
(Photo illustration by The Real Deal)
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...

Inside mall owner Namdar’s rapid growth story
North Point Mall in Alpharetta, Georgia (left) with Brookfield's Brian Kingston (iStock; Brookfield; Google Maps)
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...

Converting empty malls to warehouses isn’t easy
The Palisades Center Mall was worth $881 million in 2016. Now, a new appraisal says the mall is worth less than half that. (Google Maps)

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...

Palisades Center worth half what it was in 2016: Appraisers
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