Sentences with phrase «mall owner macerich»

Simon, the largest U.S. mall owner with 207 properties, is a case in point.
A sale of mall owner GGP might answer that vexing question.
Some more encouraging news trickled in today, including mall owner Taubman expressing renewed interest in overseas investment and electronics chain Best Buy announcing plans for more store openings in the third...
There are a lot of options that could drive more rent for the mall owner
Simon, the largest mall owner in the U.S., boasts more than 30 redevelopment projects, totaling $ 1.3 billion in expenses, ongoing.
Chicago - based General Growth, the largest U.S. mall owner after Simon Property Group Inc., isn't the only REIT expanding into street retail.
The mall owner is bringing in fresh faces to retail, such as Forever 21's Riley Rose, Indochino and Untuckit.
Bill Ackman's Pershing Square Capital Management seems to be everywhere these days: the firm has been an investor in Target, Borders and Sears, as well as in General Growth Properties, the country's second largest mall owner.
More recently, Ackman helped rescue General Growth Properties, the nation's second - largest mall owner, from near - collapse.
Dave expects that other mall operators will try to beat Simon, the nation's number one mall owner, to the Mills portfolio, which currently consists of 19 Mills Landmark Centers and 20 Twenty - First Century Retail and Entertainment Centers.
«It's not that much of a natural fit,» Haralson says, considering the cost / benefit factor for both the entertainment operator and the mall owner or manager.
Today, retail REITs find themselves in a position where they can concentrate on raising rents, instead of just battling vacancies, according to Stephen Lebovitz, president and CEO of CBL & Associates Properties Inc., a Chattanooga, Tenn. - based regional mall owner.
Finally, on Dec. 28, the Cafaro Company, a Youngstown, Ohio - based privately - held mall owner with a 32 - million - square - foot portfolio, announced the retirement from day - to - day operations of the company's president Anthony M. Cafaro Sr. and his brother, vice president John J. (Jay) Cafaro.
The firms teamed up to push for changes at Macerich after the mall owner rejected a $ 16.8 billion takeover bid from larger competitor Simon.
Sears Holdings Corp. formed a joint venture with shopping - mall owner Macerich Co., the latest step in the department - store chain's efforts to wring more money from its real estate.
The acquisition will bring Equity Residential to a market capitalization of $ 5.3 billion, making it second behind shopping mall owner Simon DeBartolo Group Inc. among all the nation's real estate investment trusts, or REITs.
The California case, H - CHH Associates v. Citizens For Representative Government, dealt with a mall owner's effort to require groups seeking a free speech forum to obtain insurance that would protect the mall against any mishaps.
And that was just the start of its transition to a big - time mall owner.
Giants such as GGP and Simon Property Group Inc., the largest mall owner in the U.S., are better positioned to absorb the increased costs than their peers that own less - desirable real estate, according to Green Street.
Chicago - based GGP, the No. 2 U.S. mall owner, has bought back 115 department stores over the last six years and redeveloped them, Chief Executive Officer Sandeep Mathrani said last month during the National Association of Real Estate Investment Trust's annual conference in New York.
In what will likely end up being the biggest single property retail sale of the year, Australian mall owner the Westfield Group struck a deal to take complete ownership of the World Trade Center retail center when the project comes online in 2015.
In 2012, the company acquired an interest in European mall owner Klepierre, based in Paris.
Brookfield executives «agree with the position unanimously taken by GGP's board,» J. Bruce Flatt, chief executive officer of the Toronto - based real estate investor and chairman of General Growth, said yesterday in a letter to the mall owner's shareholders.
The mall owner filed for bankruptcy in 2009 after weighing itself down with $ 27 billion of debt.
The second - biggest U.S. mall owner had $ 226 million in cash on its balance sheet as of June 30, along with access to other funding through the debt markets.
Goldman Sachs Group Inc. is managing the deal, the largest sale of unrated municipal bonds this year, for mall owner Triple Five Group, run by the billionaire Ghermezian family.
General Growth Properties, the No. 2 mall owner in the U.S., has no major offshore projects yet, but acknowledges that it will eventually expand beyond American shores.
As payment, Shopkick gets a fee from the mall owner / retailer for every kickbuck earned and a percentage of the sales that can be directly attributed to the app.
«Begin early and monitor things on an ongoing basis,» suggests Mark Parish, real estate tax director for mall owner Taubman Co. of Bloomfield Hills, Mich..
Macerich Co., a Santa Monica, Calif. - based regional mall owner with a 74.6 - million - square - foot portfolio, now has Facebook and Twitter accounts for all of its centers.
The decision by the largest regional mall owner in the country to embrace a smartphone application marked a new stage in the rapidly unfolding evolution of mall marketing...
The United States» largest mall owner announced plans Monday to joint venture with Italian hypermarket chain Rinascente Group to own, manage and develop shopping centers throughout the boot - shaped...
Plus, there might soon be a joint mobile app from members of the Shoptopia Network, an integrated media platform whose members already include Forest City Enterprises, a Cleveland, Ohio - based mall owner; Washington, D.C. - based mall owner Madison Marquette and Glimcher Realty Trust.
It now becomes the biggest regional mall owner in St. Louis.
The Westfield Group, a Sydney, Australia - based mall owner that operates 55 centers in the U.S., has been offering a mobile app throughout its portfolio since last year.
Marshall Loeb, president of mall owner Glimcher Realty Trust, remembers all...
When Simon Property Group, the nation's largest regional mall owner, launched a smartphone app for its portfolio last fall, the move seemed groundbreaking.
The mall owner has already been in discussion with several technology companies about it.
That's why No. 1 mall owner Simon Property Group has launched the industry's first - ever hostile bid for No. 7 Taubman Centers Inc..
The nation's largest mall owner could spend as much as $ 1 billion on this new program...
«For a mall owner, self - storage may fill up space that hasn't leased well in the past.»
«It's widely known that Simon and General Growth, and every mall owner for that matter, has some bad assets in their portfolio.
The $ 400 million sale of new commercial mortgage bonds by U.S. mall owner Developers Diversified Realty (DDR) in early November generated strong investor demand.
Most significantly, REITs will be able to avoid the fate that almost befell Pennsylvania REIT earlier this year when the mall owner nearly forfeited its REIT status due to a minor accounting mistake.
Just ask any mall owner who has watched droves of stuffed customers migrating from Cheesecake Factory throughout the rest of the...
(Bloomberg)-- Taubman Centers Inc. surged after Jonathan Litt, an activist investor known for targeting real estate companies, pushed for the mall owner to cut costs or consider a sale of the company...
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).
Capping off a week - long trend among retail REITs, Simon Property Group Inc., the country's largest regional mall owner, entered into a new $ 4 billion unsecured revolving credit facility on Wednesday.
Regional mall owner Starwood Retail Partners has a new CEO — REIT industry veteran Michael Glimcher.
Fellow panelists David Simon, chief executive officer of shopping - mall owner Simon Property Group Inc., and Starwood Capital Group LLC CEO Barry Sternlicht disagreed, saying that rising interest rates will help temper commercial property prices.
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