Sentences with phrase «mall space»

Weiner, who has acquired about 6 million square feet of mall space over the last two decades, says his mission is «to make small town America better.»

Demand for mall space leads to percentage rents.

In property terms South Africa has the sixth 6th most mall space in the world with over 200 shopping centres.

The mall - anchor retailers who are vacating mall space like cockroaches vacate a kitchen when the light is flipped on have been leveraged to the hilt by the financial engineers who control them who in turn have been enabled by the most permissive Federal Reserve in U.S. history.

If, for example, a retailer agrees to lease an in - line mall space of 1,000 sq. ft. at a stated rent of $ 20 per sq. ft., the landlord might also add a percentage rent to sales above $ 200,000 per year.

One such company is Youngstown, Ohio - based Cafaro Co., which owns 32 million square feet of regional mall space.

The Clur Retail Risk Indicator, part of Retail Live, an interpretive early warning system for shopping centres with 2m square metres of coverage, showed a reduction in shopping centre risk over 2015 as mall space worked harder, driven by better use of space and most notably the impact of strategic tenant mix, sizing and product mix to correct underperforming space dynamics.

According to a recent report from real estate services firm JLL, department store closures alone will result up to 37 million sq. ft. of newly vacant mall space this year.

Twenty - five years ago, grocery wholesaler SpartanNash offered to help him open his own store in a 50,000 - square - foot strip mall space in Canton.

Luxury malls yet to catch on as brands can't find the right space (Live Mint) «With little expansion in the luxury mall space, what is emerging is a hybrid retail concept where luxury and premium brands are juxtaposed... For example, while there are pure luxury brands such as Burberry and Armani at Palladium in Mumbai's Lower Parel, premium brands such as Diesel and Zara on the ground floor.»

It will add to the empty mall spaces along the defunct Sears and Kmart stores.»

He has guided its growth from a 1250 square foot strip - mall space on El Toro Road to its current 8000 square foot free - standing building.

Meanwhile, the supply of existing quality mall space is scarce enough that some retailers are having difficulty meeting their opening plans for 2011, Moore notes.

The current retail universe in Shanghai spans some 43.1 million sq. ft., including 34.4 million sq. ft. of shopping mall space and about 8.6 million sq. ft. of department stores, according to Cushman & Wakefield.

These rents are cheaper than those found in such similar - sized markets as Salt Lake City or Greenville, S.C., where mall space goes for $ 49 and $ 56 per square foot, respectively.

Macerich's recent plays in the class - A mall space include purchasing the Country Club Plaza in Kansas City, for $ 660 million, in a joint venture with Taubman Centers.

The fast - fashion segment is experiencing other positive developments, namely new entrants coming into the U.S. mall space.

Perhaps you're in charge of leasing mall space, and want to be able to print out a graphic...

Focusing strictly on the B mall space, Rouse recently purchased the 589,000 - square - foot, Grand Traverse Mall in Michigan.

Yes, I use drop cloths a lot, both in our antique mall spaces as curtains, and at home for tablecloths, napkins.

Before the 9/11 attacks, the retail space located in the World Trade Center mall grossed roughly $ 900 per sq. ft., or more than three times the national average for mall space, according to the Downtown Alliance.

The challenge for leasing kiosks — unlike in - line mall space — is that you're not dealing with long - term leases.

Given that GGP's share price has been trailing behind Simon's since its exit from bankruptcy and that in the regional mall space «bigger is better,» such a deal would be a boon for both GGP and Simon, says Cedrik Lachance, managing director with Green Street Advisors, a Newport Beach, Calif. - based research and advisory firm.

While Target lawyers have said the property sale process sparked «robust» interest, industry insiders say a generally tepid response from retailers for Target leases, along with other chains» store closings, underscore the struggle among many landlords to fill vacant mall space.

Family entertainment centers are assuming a growing amount of mall space, but will the marriage last...

And there are no obvious giant candidates to take over the mall spaces, diminishing the value of real estate for companies like Penney.

However, retail experts at A.T. Kearney estimate that India only has 10 percent the mall space of the US, even though India's population is four times bigger.

Retail properties will range from 1,000 square feet (for mall space) to 2,000 square feet (for freestanding outlets) and will at first be concentrated near Boston and Washington, D.C., he says.

Moreover, General Growth is in the best - performing REIT sector, Moore adds, because new mall construction is non-existent while demand for mall space is growing.

The study reveals that not only do large public REITs own most of the mall space in the U.S. (57 percent), they also own 73 percent of the top - rated properties.

Smaller retailers followed, and as of Feb. 2016, 33 percent of the mall space — not including anchor stores — sat vacant, according to Bloomberg data.

«It is about protecting their mall space and preventing vacancies and losses,» Cordero says.

Today we really like the mall space.

mall spaces can benefit greatly from «home staging», and we have just the inventory for the job.

Whole Foods, however, is now struggling and closing locations itself, making it an unlikely candidate to lease vast amounts of mall space any time soon.

But some mall space may vanish or be converted to spa, fitness, medical, residential, office or even call - centre uses, observers say.