Sentences with phrase «mall owners say»

Not exact matches

Once mall anchors like Macy's close, it could be difficult for owners to find tenants to replace them, said Howard Davidowitz, chairman of Davidowitz & Associates, a national retail - consulting and investment - banking firm.

John Sullivan, president and CEO of Eaton Centre - owner Cadillac Fairview, said the mall and bank had been discussing the campus for at least a year.

Last year, Pennsylvania Real Estate Investment Trust was said to become the first mall owner to begin installing Amazon Lockers in its malls, with several others, including Washington Prime Group, following suit since then.

April 19 U.S. shopping mall owner Macerich Co said on Thursday its Chairman and Chief Executive Officer Arthur Coppola will retire effective Dec. 31.

April 3 U.S. mall owners Namdar Realty Group and Washington Prime Group Inc are in talks to acquire U.S. department store operator Bon - Ton Stores Inc out of bankruptcy, people familiar with the matter said on Tuesday.

If you're curious about Imaginary's LPs, Massenet and Brown say they come from both sides of the Atlantic and that they include billionaire mall owner Rick Caruso and Matches Fashion's co-founders and joint chairmen Tom and Ruth Chapman.

«We created accessorybug.com after searching for accessories that are not available at the local mall,» said owner, Cathy Chiang.

We expanded mental health services in schools through partnership with Say Yes and others; maintained an active and robust rodent control program that is having positive results in communities across the county; continued a very popular rabies clinic program that has been attended by thousands of appreciative pets (and owners); and, along with partners, created the innovative Erie County Health Mall to improve local health outcomes.

The mall owner might build the hotel without any tax cut, she said.

HARLEM — The owners of East River Plaza Mall said Tuesday that they plan to install signs in their loading docks showing truck routes following the death of a 6 - year - old boy last month.

Some in New Paltz noted that Perfit's Newburgh - based commercial real - estate business is owned by the mall giant Pyramid (former owners of the Hudson Valley Mall), which they say is connected to the Rochester - based Wilmorite Corp., developer of the $ 60 million Park Point projmall giant Pyramid (former owners of the Hudson Valley Mall), which they say is connected to the Rochester - based Wilmorite Corp., developer of the $ 60 million Park Point projMall), which they say is connected to the Rochester - based Wilmorite Corp., developer of the $ 60 million Park Point project.

The Hull group of Augusta, Ga., new owners of Hudson Valley Mall, are said to find Ulster Town Supervisor Jim Quigley's «negotiating in the press» bothersome.

A statement issued by the owners over the weekend said: «We would like to assure Accra mall tenants and the general...

Should the 32 - year - old mall fall into even harder times, and there is a lot of space to fill, the town's quest for a multisport complex could help the owner reinvigorate the property, town Supervisor James M. Shaw said.

Of course I find great things at the mall, but I love being able to run to my favorite boutiques, say hi to the owners that have become friends, and know that I am going to find something unique and special.

Joe Tetherow, manager of western public relations for Chrysler, said the Del Amo Dodge dealership opened a satellite outlet at the suggestion of the mall's owners.

Land Rover says the Discovery Sport is more than just a mall - crawling crossover, but rather a capable off - roader that's ready to tackle most anything the average owner would dare attempt.

The owner said that the Assessor's $ 31 Million valuation was higher than the market value of the mall and that it was inequitable when compared to the assessed values of other properties.

That said, the submission by the mall owner in the Court of Queen's Bench that it perceived the possibility of an increase to be a veiled threat certainly supports the minority's speculation on this point.

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.

«No one ever thought they would see the day when there are two owners that own more than 200 malls each,» says Greg Maloney, CEO of Jones Lang LaSalle Retail.

Also, «Mall owners can integrate their Internet initiatives directly into their malls,» he says, giving them «the power to promote mall - specific advertising, branding and customer service features.&raMall owners can integrate their Internet initiatives directly into their malls,» he says, giving them «the power to promote mall - specific advertising, branding and customer service features.&ramall - specific advertising, branding and customer service features.»

Jesse Tron, a spokesman for the ICSC, says that security is now one of the main issues discussed daily by mall owners.

This is changing the way in which many retailers and mall owners do business, he says.

«It was extremely important that we secure coverage that would provide protection for our properties but not impose an unreasonable burden on our malls» tenants, many of whom are small business owners,» Simon CEO David Simon said in a statement.

Town Center Owner Says Loan Default Won't Lead to Mall Closure «A representative from Forest City Enterprises, the Cleveland - based company responsible for managing the Charleston Town Center mall, said the mall's customers should not be concerned over the impending default on a loan taken out by the mall's ownMall Closure «A representative from Forest City Enterprises, the Cleveland - based company responsible for managing the Charleston Town Center mall, said the mall's customers should not be concerned over the impending default on a loan taken out by the mall's ownmall, said the mall's customers should not be concerned over the impending default on a loan taken out by the mall's ownmall's customers should not be concerned over the impending default on a loan taken out by the mall's ownmall's owners.

-- for the same reason I prefer Amazon and Shipt to the mall or the grocery store,» says Sean Ready, owner and CEO of Ready Realty Group at Keller Williams Realty in Florida.

Owners and managers of malls and shopping centers say they've been getting meeting requests from tenants with aggressive expansion plans and, given the lack of new development on horizon, the expanding retailers are more amenable to both occupying second

Dunlap says, «It really helps mall owners think about what kind of retail mix they would like in the future.»

Outside of urban centers, owners of lower - tier malls are spending more cash up front to avoid vacancies and accommodate restaurants and entertainment venues, which are costly to build and are replacing many traditional retailers hurt by online shopping, Green Street said in report this month.

«This is a good time to be an owner of retail properties - and a good time to be a seller as well, because a lot of REITs are actively buying,» says George Rubin, who adds that competition among buyers for good retail product is fierce and cuts across all property types, from malls to strips.

«A lot of developers and mall owners are realizing that they can use this kind of signage to create fun and excitement as part of the experience of the shopping center - and set up a new revenue stream at the same time by selling advertising,» says Burch.

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.

Sandeep Mathrani, Chief Executive of GGP Inc., among the country's biggest mall owners, recently said that an ideal mall would have only one department store, a supermarket, Apple store, Tesla store, and an online retailer.

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.

«If you open a restaurant in a strip mall and you fail, you close shop and move on,» said Jay Karen, chief executive officer of the National Golf Course Owners Association.

Legal observers say that this year's Green Party decision offers mall owners guidance on how New Jersey courts will judge questions related to this issue in the future.

However, other mall owners who have used a similar approach say the strategy definitely works.

«Our second largest owner of malls has gone through a difficult process and has survived and is going to continue operating,» says Chris Macke, senior real estate strategist with the CoStar Group, a Bethesda, Md. - based research firm.

«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.

Industry executives interviewed in Las Vegas this week say that they expect to see the number of large mall owners could dwindle to less than 10 over the next 10 years.

«On average, mall owners derive about $ 4 to $ 5 a year per square foot in rent from department stores that are in anchor buildings,» Kopsky said.

«Tenants today really don't want to be in enclosed malls in smaller towns,» said developer Brian Pellowski, owner of PBK Investments.