Another challenge
for shopping center owners is that most retailers, particularly the large anchor stores, are locked into 15 - to 20 - year leases.
Shopping center owners around the world are scrambling to reinvent themselves to keep up with rapid changes in consumer behavior and boost earnings.
Since shopping center owners invite the general public into the centers, private ownership did not prevent the court from holding that shopping centers were public forums.
One - stop shopping will soon be available
for shopping center owners and managers that are looking for ways to entertain their customers.
Meanwhile, preeminent developer Kimco Realty Corp., the second
largest shopping center owner in the United States with 120 million square feet of space, has analysts concerned even though it beat consensus estimates by $ 0.01 per share.
IADC is part of Inland, a group of separate companies, which collectively have been ranked as one of the top 10 largest
shopping center owners in North America, the 5th largest property manager and 16th largest Financial Intermediary in the United States.
In a sign of the strong market for grocery - anchored retail properties, Boston -
based shopping center owner Heritage Property Investment Trust pulled off a successful IPO this week — the first real estate company to do so since 1998...
Capsules vs. theaters
As shopping center owners continue to clamor for entertainment - based tenants, simulator manufacturers anticipate a growing market for their products.
Industry consolidation may have peaked with Macerich Co.'s December purchase of Wilmorite Properties Inc., a privately
held shopping center owner and manager...
In an effort to help Bennigan's Franchising Company expand its portfolio, the restaurant operator and
shopping center owner Brixmor Property Group formed a strategic partnership to market Bennigan's franchising opportunities at select Brixmor...
Many
major shopping center owners are now proactively repurposing their spaces and shifting their tenant base to rely less on apparel chains, Mercer says.
Also at noon, Sen. Tony Avella participates in a rally calling on the 10th
Avenue shopping center owners to replace the former Waldbaums supermarket with a new supermarket franchise, 153 - 01 10th Avenue, Whitestone, Queens.
Routinely represent large
commercial shopping center owners / developers, handling commercial contract issues, land use issues and commercial landlord / tenant matters.
Important for center branding, activity - enhancing sound, colorful ambiance and shopper comfort, flooring products
offer shopping center owners a world of choices...
While real estate brokers may tell you «under all is the land,» smart retailers and
shopping center owners know that it's the floor that provides the foundation for their operations...
Ed Reading, vice president of finance for Phoenix - based
shopping center owner Vestar Development Co., estimates that his company spends $ 100,000 annually on technology.
Additionally,
shopping center owners added supply to the market by bifurcating single tenant parcels as a significant arbitrage opportunity exists due to the cap rate differential between single tenant properties and retail centers.
Nevertheless, apartment REIT executives are more bullish about a fundamental recovery than their office, warehouse and
shopping center owner brethren.
As the retail REIT sector continues to take a beating amid a combination of falling consumer demand and frozen credit markets, analysts are zeroing in
on shopping center owner Developers Diversified Realty.
In 2006, two private equity firms, Equity International and Brazil - based GP Investments, bought a controlling interest in BR Malls, a major
Brazilian shopping center owner.
In recent weeks both Indianapolis - based Simon Property Group and Sydney - based Westfield Group divulged they had taken out significant stakes in Liberty International plc, one of the
biggest shopping center owners in the United Kingdom.
The 2.7 % decline in U.S. retail sales in December will
force shopping center owners to offer more rent concessions in order to retain and attract retailers, says Suzanne Mulvee, real estate strategist for Property Portfolio & Research (PPR) based in Boston.
Its 65,000 members in the U.S., Canada and more than 80 other countries
include shopping center owners, developers, managers, marketing specialists, investors, lenders, retailers and other professionals as well as academics and public officials.
Prior to joining the Company, from 1999 through early 2007, Mr. Lazarus was President and CEO of Inland Retail Real Estate Trust, Inc., the fifth largest open
air shopping center owner in the United States.
While such lawsuits plague
most shopping center owners throughout the United States, the environment has become increasingly frustrating in California, where federal and state guidelines are mismatched, says Tom Schriber, chairman of Costa Mesa, CA - based Donahue Schriber.
Without regard to the guidance set out in the 1987 California case, a number of New
Jersey shopping center owners have in recent years required groups seeking access to purchase insurance.
There will never be as many dummies running around with money as there are right now because interest rates are so cheap,» says Michael Pollack, president of Michael A. Pollack Real Estate Investments, one of Arizona's largest
independent shopping center owners and operators.
Turning a challenge into opportunity Indianapolis - based Simon Property Group was one of the
first shopping center owners to adopt the bundled - services concept, which it now terms Total Facilities Support.
More shopping center owners are concentrating on putting a mall manager, marketing director and leasing director in place while outsourcing general maintenance issues, says Mike Ponds, president of Xencom Systems Inc., a Dallas - based bundled - services firm.
Private equity player the Blackstone Group is expanding its aleady sizeable retail portfolio with an investment in
shopping center owner Edens, according to The Wall Street Journal...
The Institute for Real Estate Management and NAR are trying to increase protections
for shopping center owners in the latest version of bankruptcy reform, now moving through Congress.