Valley Stream, N.Y. — Macerich acquired the 1.8 million-square-foot mall from a subsidiary of Vornado Realty Trust.
Alpharetta, Ga. — The company broke ground on the 86-acre Avalon project on Monday.
Los Angeles — The portfolio includes La Habra Marketplace, Village Del Amo, Montalvo Square and Lakewood Square.
Chattanooga, Tenn. — Upgrades to Friendly Center, Greenbrier Mall and The Mall of Acadiana will begin by March.
Orlando and Fernandina Beach, Fla. — The two properties include Millenia Crossing and Shops at Amelia Market.
Atlanta — The portfolio totals 507,668 square feet.
Austin, Texas — Whole Foods Market anchors the fully occupied center.
Lack of supply and sustained demand in the sector pushes cap rates for top properties to record levels.
Scarsdale, N.Y. — Midway Shopping Center is anchored by ShopRite.
Grand Prairie and Fort Worth, Texas — The two properties include Carrier Towne Crossing and Southwest Crossing.