Sentences with phrase «regional malls»

Shopping center REITs closed 2010 in stable condition, though their performance was more mixed than that posted by regional mall REITs.

Approximately 50 percent of regional mall owners who participated in the survey indicated they were using free rent to retain tenants, for an average period of four months.

Meanwhile, the vacancy rate for regional malls rose 10 basis points from the fourth quarter to 8.4 percent.

However, they are more prevalent in enclosed regional malls and other regional shopping centers.

The largest privately owned regional mall portfolio in seven years may be about to hit the market.

«I think there will be very few new regional malls developed,» he says.

Some big - box stores are linking with regional malls as well as power centers.

Meanwhile, vacancies at regional malls jumped 30 basis points to 5.8 percent, the highest level in three years.

The largest privately - owned regional mall portfolio in seven years may be about to hit the market.

Meanwhile regional mall vacancies rose by 10 basis points over the prior quarter to reach 5.9 %, and asking rents increased 0.4 %.

We believe super regional malls are an essential part of a well - diversified portfolio.

Returns on regional mall investments, on the other hand, averaged 1.1 percent and on neighborhood / community centers 0.8 percent.

If a property is underperforming relative to other regional malls, explain that.

The two malls are only twenty minutes apart, and are the only regional malls within a two hour radius.

The transaction, which has now been approved by shareholders for all parties involved, includes 35 high - profile regional malls across the country.

Despite the challenges, regional malls continue to post solid property fundamentals.

But at the same time, you most definitely want any competing regional malls to be located a good distance away - maybe 25 miles or so at the nearest.

Therefore, we do not expect regional mall cap rates to respond quickly to interest rate changes.

The next question is whether regional mall REITs will get back into the buying game.

The survey included properties of 50,000 sq. ft. and greater (excluding regional malls).

Before regional malls, grocery - anchored strips and outlet centers, there was street retail.

But the center's traffic counts since opening day have shown that consumers still enjoy the large, regional mall experience.

Even the slowdown in retail spending this year has not affected regional mall REIT performance.

Many standard form in - line leases for regional mall premises are drafted broadly enough to permit such uses.

He is experienced in assessment work for cap rate studies and valuations of regional malls, valuations of corporate headquarters, and methodology studies for valuations in distressed markets and chain drug store properties.

- ft., single - story, enclosed regional mall.

Five, half of the 10, regional mall REITs reported losses for the latest quarter.

At the same time, there is a demand for regional malls, both building new ones and expanding existing properties, mostly in smaller cities or underserved neighborhoods of larger urban areas.

He adds that the area's new regional malls should spur general retail growth in peripheral centers.

The firm reports that the average outlet shopper stays for two hours and 6 minutes, 60 percent longer than they shop at regional malls.

During the fourth quarter, regional mall vacancy increased by 10 basis points to 8.0 percent.

* MEPC American Properties, Dallas, is renovating and expanding Regency Square, a 1.4 million sq. ft. regional mall in Jacksonville.

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...

Credentials: Westfield is the fifth - largest owner of regional malls with a portfolio of 63 million square feet of U.S. assets.

Even luxury retailers have started to feel the impact, said John Bucksbaum, chairman and CEO of General Growth Properties, Inc., a Chicago - based regional mall REIT with a 180 - million - square - foot portfolio.

- ft. enclosed regional mall in Grand Traverse, Mich., a class - B property that...

Sam's Club is the largest tenant at the 481,010 square - foot regional mall with 27.3 % of the space.

Macy's, Best Buy, American Eagle Outfitters and Sports Authority are rolling out Shopkick at its stores, as is Simon Property Group, the largest regional mall owner in the United States.

The Chattanooga,Tenn. - based REIT has expanded its portfolio of regional malls from 15 to 28 properties in the past three years.

In retail, shopping center REITs had posted a total return of 7.1 percent through Sept. 30 while regional mall REITs were at 14.4 percent, according to Morgan Stanley.

A massive level of regional mall development is not on the horizon in the near term, says Michaels.

Taubman's U.S. - owned properties are the most productive in the publicly held U.S. regional mall industry.

PREIT wants to move into regional malls from a mix of power centers, strip malls and apartments.

«At present, institutional investors are reported to be most interested in acquiring upscale regional malls with four or more anchor tenants, power centers with five or more anchors and community centers anchored by the dominant local supermarket chain.»

«Arbor Place is CBL's first regional mall entry into a major metropolitan city,» Bass says.

- ft. class - A regional mall in Broomfield, Colo., to its joint venture partner Macerich.

«People are getting worn out on the whole enclosed regional mall concept.

CBL also announced plans to acquire four smaller - market regional malls from partnerships controlled by Faison Enterprises for $ 340 million, including $ 170 million in assumed debt.

The large regional mall players, including Simon, Taubman, Macerich Co., CBL & Associates Properties and others, have all made overtures to enter the outlet space.

As opportunities for new retail development have dwindled in recent years, REITs that have traditionally specialized in building regional malls started to look into building outlet centers...