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mall owners now eagerly pursue foodservice operators.
Not exact matches
To compound this problem,
mall owners are
now starting to mail in the keys to financially troubled
malls: More
mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).
The guy was a head coach who QUIT on his new
owner that he retroactively had signed a contract with, then intervewed for the Jets head job where I guess he brought a little too much Buffalo to the interview since he was eliminated from contention in just a couple of weeks, and
now hes in Jacksonville where his main job is protecting Blake Bortles, which to use a Jacksonville analogy - is like being a strip
mall rent - a-cop where your anchor store is a Big Lots that has been over run by opossoms.
The largest
owner of
malls in the U.S., Simon
now also has the largest fleet of PTs deployed at its centers in cities across the country, including San Diego, Las Vegas, Miami and Boston.
Jesse Tron, a spokesman for the ICSC, says that security is
now one of the main issues discussed daily by
mall owners.
One factor that's brought this issue to a head is that while
mall owners have been slow to act, some
now have no choice.
It
now becomes the biggest regional
mall owner in St. Louis.
Southpoint lured Belk and JCPenney away from 27 - year - old South Square
Mall,
now closed for redevelopment by
owner Faison & Associates of Charlotte.
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.
Now mall owners are feeling the pressure.
Mall owners are being forced to think outside the big box as retail tenants dry up because of bankruptcies and closures, and are
now focusing on nontraditional businesses to fill their growing vacancies, at 7.5 percent industrywide.
Now, experts predict that smaller
mall owners and landlords will follow, pointing to problems like the foreclosure lawsuit against the 29 investment firms that backed Arlington Town Square.