Sentences with phrase «for enclosed mall»

The office sector posted a return of -0.5 % compared to 29.5 % for all retail REITs and 29.8 % for enclosed mall REITs.

The challenging economic climate for enclosed malls is forcing operators to strike a delicate balance between form and function.

Not exact matches

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.

Gov. David Paterson will be joining Andrew Cuomo's hand - picked LG running mate, Rochester Mayor Bob Duffy, in his hometown this morning for a demolition ceremony at the nation's first enclosed shopping mall, Midtown Plaza.

Martin notes that his company provides traffic counts for about 350 enclosed malls, a number that has remained fairly stable over the years (although the firm recently started working with one large mall owner that previously didn't have traffic counters at its properties).

Urban real estate developer Thor Equities has bought an enclosed mall in San Juan, Puerto Rico, for $ 61.5 million.

The city's morphing retail scene reflects larger trends across the U.S.. For example, an upstart lifestyle center is stealing tenants from venerable enclosed malls.

Their first effort: They recently broke ground on a new site in Manaus, a remote city of about two million in the Amazon, for a 450,000 - square - foot enclosed mall.

Property - tax costs comprise about 20 percent of all operating expenses for enclosed U.S. malls and one - third of operating expenses for open - air centers, says the International Council of Shopping Centers.

At the end of 1999, for example, CBL & Associates, which owns 140 properties including 30 enclosed regional malls, saw its ratio rise to 61 %.

For example, the German discount grocers Aldi and Lidl and dollar stores opt for off - mall locations, rather than enclosed malFor example, the German discount grocers Aldi and Lidl and dollar stores opt for off - mall locations, rather than enclosed malfor off - mall locations, rather than enclosed malls.

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.

Anchored by two department stores, JCPenney and Green Bay - based ShopKo, with space for a third anchor, CenterPoint Mall opened with space for 60 smaller stores under one enclosed roof.

- ft. enclosed mall portfolio to Hendon Properties for $ 214 million.

Macerich Co.'s the Oaks Shopping Center in Thousand Oaks, Calif., for example, is in the midst of a $ 250 million multi-phase renovation and expansion that is transforming the traditional enclosed mall into a contemporary shopping center with both open - air and enclosed shopping areas.