Shopping center

Marcus & Millichap completes sale of Glen Burnie shopping center

Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced on Tuesday the sale of Parke West Plaza in Glen Burnie, a 20,876 square foot shopping center including Wawa and an established lineup of internet-resilient, service- and food-focused users. The terms of the contract are not […]

Shopping center

Santa returns to Stanford Mall without pandemic restrictions – CBS San Francisco

PALO ALTO (KPIX) — For the first time since the coronavirus pandemic began, Santa Claus has returned to Palo Alto as most of us remember him. Old St. Nick was well received on his first day on the job at a Palo Alto mall on Friday. READ MORE: Gas Pump Sticker Chill Sending California Weekend […]

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Shake Shack burgers planned for Chapel Hill NC mall

The Shake Shack restaurant chain known for its burgers, shakes and fries is looking to open its second Triangle location. The company is planning its first storefront in Chapel Hill at Eastgate Crossing at 1800 E. Franklin St., which Kite Realty Group acquired in late 2020 from Federal Realty Investment Trust. A restaurant opened in […]

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Amato sells Gateway Mall for $10 million to Musto & Daughter Real Estate

EDWARDSVILLE — Forty Fort dentist Charles Musto and his daughter Vanessa bought the Gateway Mall for $10 million from legendary drag racing champ Joe Amato. The transaction was finalized on October 27 and is between Joe Amato Properties (seller) and Musto & Daughter Real Estate. Vanessa Musto, 23, said the mall is currently 90% occupied […]

Shopping center

Windham Mall turnover breathes new life into the mall

Small turnover at the Windham Mall has sparked a big wave of new tenants, bringing eight new businesses to the mall in the past 16 months. The 325,000 square foot plaza, home to anchor tenants Hannaford, Home Depot and Renys, has seen an influx of new businesses, starting with Portland Pie Co., which opened in […]

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Euphorec opens in Dallas Mall

DALLAS – Humford Equities announced that Euphorec, a store offering certified cannabidiol (CBD) products and accessories, has opened in the Dallas Mall. Store owner Edward Geist says CBD is a derivative of the legalized hemp plant that has been used for thousands of years as a remedy for health and well-being, including as an anti-inflammatory […]

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Opening of the new Long Hill shopping center in Trumbull

TRUMBULL – In what appeared to be a cross between a business opening and a treasure hunt, several Trumbull officials and members of the local business community trotted from business to business at the new Long Hill Market on Friday morning , happily cutting ribbons and posing for photos at new ventures. It was a […]

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What a Pair shoe store opens in Gateway Mall

EDWARDSVILLE — What a Pair, a new shoe store that recently opened in the Gateway Mall, offers shoes and accessories for men, women and children at affordable prices, its owners say. Husband and wife JK Karavis and Dr Shelly Levulis Karavis said the store’s shoe selection focused on fashion and comfort in a casual selection […]

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Kunia Mall offers a variety of family restaurants for shoppers

Honolulu (KHON2) – Kunia Mall supports local businesses by offering customers a wide range of family restaurants. With over 10 dining options to choose from at Kunia Mall, shoppers will be able to satisfy their hunger, from Filipino to Thai cuisine. “We have been at Kunia Mall since 2010 and the frequent customers dining there […]

Shopping center

The pandemic has allowed shopping center REITs to do better than ever

Investors looking for gains in commercial real estate have been left perplexed as the ongoing global pandemic upends the sector. As traditional retail, offices and apartments crumble, the humble strip mall, epicenter of community shopping, is proving its enduring value to neighbors and investors. Changing buying habits have changed investment strategies in the real estate […]

Shopping center

Name Brand Liquidations will open a third store in the Gateway Mall

EDWARDSVILLE — Name Brand Liquidations, in operation since 2005, will open its third store in mid-November — this one in the Gateway Shopping Center in space formerly occupied by P&R Discounts. Joe Foley, owner of the business with his wife, son and two others, said Thursday the store will employ 10 to 15 people at […]

Shopping center

Leading shopping center group expects holiday sales to increase 8.9%

International Council of Shopping Centers predicts consumers will spend freely, shop … [+] early and are doing much of their shopping in physical stores this holiday season. Getty The mall and shopping center industry’s leading organization is feeling fairly optimistic about the upcoming holiday season, despite supply chain headaches, and predicts sales in November and […]

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LBX Investments buys Evergreen Plaza Shopping Center from Lormax Stern, Fortress

The property also serves as a case study illustrating how the commercial real estate market has evolved over the past few decades. Opened in 1952, Evergreen Plaza was the nation’s first regional mall and became the second indoor mall in the United States after a renovation in the 1960s. But it began to decline in […]

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Deltona mall sells for $4.2 million

PHOTOS COURTESY OF COLDWELL BANKER COMMERCIAL AS THE CROWED OVER — The Deltona Fountains Mall is an L-shaped plaza encompassing nearly 35,000 square feet of retail space. The resort was recently sold by its out-of-town owner to a South Florida company for $4.2 million. Deltona Fountains, a shopping complex located near the intersection of Deltona […]

Shopping center

Amazon Fresh store under construction in Braintree Shopping Center

BRAINTREE – Construction of an Amazon Fresh grocery store off Route 3 is underway. Braintree’s planning board has approved the retail giant’s plan to turn the former Saks Off 5th and 5.11 tactical spaces into a 37,500 square foot Amazon Fresh store in the Grossman Drive mall. Construction includes changes to the storefront, entrance and […]

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A local developer hopes to build a new mall near the West Lake neighborhood

COLUMBIA COUNTY, Georgia (WJBF) – Right now it’s a barren site, but a developer hopes businesses will move into a Columbia County property soon. “The proposed plan is for over 110,000 square feet of retail space and I am reducing it to less than 50,000 square feet. So it halves what is already approved,” said […]

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A look at how Jefferson Village, San Antonio’s first mall, has changed over the past 70 years

Mary Morales first traveled to Jefferson Village in 1979 to apply for a stylist position at Vee’s Hair and Spa. Four decades later, she owns the salon and preserves what remains of the mall’s historic past. When Jefferson Village opened in 1948, the mall at the top of the block from Jefferson High School was […]

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City renews Colonial Mart mall lease for Ward Four headquarters

Precinct 4 will remain in the Colonial Mart Mall for the time being. The Jackson City Council recently voted to renew the lease of the Colonial Mart mall space for five years at a cost of $4,289 per month. The lease includes an option to terminate at the end of each year at a cost […]

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Roadworks near exit 17 of the Market Basket shopping center will be delayed

Published: 09/10/2021 18:18:12 People passing the grocery store under construction near I-93 Exit 17 won’t face road construction issues until next spring, even as work continues on the long-awaited development itself. Earlier plans called for work to start this fall on Route 4 King Street, where a large roundabout will be built to bring traffic […]

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A 30-acre mall in Lansing could soon have a new life

Isn’t it great when new businesses and buildings are built and remodeled in Mid-Michigan? I have written about many old buildings here in the area that are being built and renovated, and some are being transformed into new apartments. For example, West Junior High in Lansing. I live in downtown Lansing and I look at […]

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New shopping center at Moncks Corner underway

MONCKS CORNER, SC (WCSC) – Construction has begun on a new shopping center at Moncks Corner. The Moncks Corner Marketplace plans to accommodate new retail, restaurant and service businesses. The developer, Branch Properties, recently announced that it would be anchored in a Publix supermarket. The mall arrives on a vacant 9-acre site just before US […]

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Man arrested for robbing several businesses in New Hartford mall

NEW HARTFORD, NY (WUTR/WFXV/WPNY-TV) – The New Hartford Police Department reports that a man was arrested for multiple robberies during August and may also be responsible for other robberies reported in the whole region. In July 2021, the New Hartford Police Department began investigating a series of theft complaints that were taking place around Slusser […]

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Amazon buys nearly 70 acres near The Rim mall for another San Antonio warehouse

Amazon is expanding its logistics operations in and around San Antonio — a sprawling city connected by several major highways — with the purchase of land on the northwest side for another warehouse. The tech and retail giant has built a network of about a dozen sorting and fulfillment centers and delivery stations in the […]

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Westfield Shopping Center owners are looking to sell a shopping center

The owner of the Westfield Palm Desert says he is looking to sell the entire mall. The move comes amid a larger planned sale by Unibail-Rodamco-Westfield Group, a European real estate company, which plans to divest most of its US assets and use the funds to pay down debt. URW has been hit hard by […]

Shopping center

Houston Investor Takes Over Plano Mall Next to New HEB

A Houston real estate investor has snapped up the Plano Mall which sits right next to one of the first grocer HE-B stores in North Texas. Whitestone REIT has purchased Lakeside Market, a 163,000 square foot shopping center on Preston Road, south of Spring Creek Parkway. It is next to the HEB grocery store which […]

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Institutional Property Advisors is arranging the $90 million sale of Camp Hill Mall near Harrisburg, Pennsylvania

Camp Hill, Pennsylvania — Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the $90 million sale of Camp Hill Mall. The property is located at 3301 Trindle Road in the borough of Camp Hill, approximately three miles from Harrisburg. The 430,198 square foot center was 96% leased at the time of the […]

Shopping center

Mall owner Kimco Realty buys rival Weingarten in $3.87 billion deal

Close-up of a sign for Kimco Realty, a real estate investment trust that is among the largest publicly traded operators of outdoor shopping malls, in the San Francisco Bay Area town of Daly City, California on 3 November 2017. Smith/Gado collection | Stock photos | Getty Images Mall owner Kimco Realty said on Thursday it […]

Shopping center

Towson Place Mall to Install Cart Lock Perimeter System by 2020 – Baltimore Sun

The company that runs the Towson Place mall is installing a shopping cart detection system around the perimeter of the property by summer 2020, officials said in an email. Kimco Realty, the company that runs the mall, said in an email to County Councilor David Marks, who represents the Towson area, that it would contact […]