Orland Park Place, on La Grange Road at 153rd Street, opened
as an enclosed mall in 1981, but many of its stores went out of business and sat vacant for years.
Not exact matches
«Accelerating competition from e-commerce channels and changing consumer preferences have challenged the business model of REITs that focus on owning and operating
malls, which we define
as enclosed structures with both department stores and inline tenants,» Thuy Nguyen, a Moody's Vice President says.
The city is home to western Canada's first fully
enclosed shopping center, the Thompson Plaza,
as well
as the City Center
Mall.
Rogen's Ronnie Barnhardt is a rent - a-cop security chief who regards his turf — the
enclosed Forest Ridge
Mall in Albuquerque, N.M. —
as his fiefdom.
Most of the existing 470,725 sq. ft.,
enclosed mall will be demolished, and the center will be rebuilt
as an open - air, entertainment and retail development.
Formerly an
enclosed mall, Westgate serves
as a dominant power center in a densely populated area.
West St. Paul's Signal Hills landed Wal - Mart
as a new tenant, converting from an
enclosed mall to a strip center format.
Poag & McEwen of Memphis was among the landlords that pioneered the format in the late 1980s, characterizing lifestyle centers
as outdoor retail centers leased to tenants generally found in
enclosed malls.
Mixed - use centers are expected to be among the better - performing assets in the retail sector,
as the industry moves away from shopping centers and
enclosed malls.
It might be tempting to slot food halls
as dressed - up food courts that are tucked into the far corners of traditional
enclosed malls.
Over the years, Tel - Twelve has undergone several major changes, including replacing the two original anchors, and converting the
enclosed mall to a 700,000 sq. ft. power center that is anchored by tenants such
as Lowe's Home Improvement, Petsmart, Pier One and Michaels.
WP Glimcher's commitment to being all things to all people — owning
enclosed malls, open - air centers, strip
malls,
as well
as a variety of top - tier and bottom - tier assets — makes it hard for investors to wrap their heads around what exactly Glimcher is trying to accomplish.
Developers ued to
enclosed malls» straightforward racetrack layouts often approach specialty leasing
as an afterthought, says Provenzano's Kravitz.
Broadway
Mall was built in 1956
as an open - air center,
enclosed in 1972 and renovated in 1991, according to Cushman.
Even top
mall developers such
as Simon Property Group are dedicating resources to the new formats, while scaling back on new
enclosed -
mall projects.
When it was built in the 1960s, Oakway Center stood out
as the first
enclosed mall in the northern suburbs of Eugene, Ore..
Even
as department stores have lost favor and other formats have attracted consumers, the traditional
enclosed malls retain an advantage that can't be underestimated.
Southdale opened in 1956, billed
as the first regional
enclosed, climate - controlled
mall built in the United States.