Malls

Out of the Box Ventures Reopens Indiana’s Haute City Center

by Alex Tostado May 18, 2020

Terre Haute, Ind. — Out of the Box Ventures LLC has reopened its Haute City Center in Terre Haute within western Indiana. The following stores opened Friday, May 15: Amazing Comfort, Buckle, Cellular Concepts, Dakota Watch, Encore-Shoe Dept, Finish Line, Francescas, Frontier, Glik’s, Hibbett Sports, Journey’s, LA Nails, Maxx E-Cig, Pizza diRoma, Second Cup Café, Seno Formal Wear, Shewey’s Paint Your Own Pottery, TGI Friday’s, TradeHome Shoes and Verizon Wireless. The 676,322-square-foot mall has reduced hours and limited entrances. The children’s play area, photo booths and massage chairs will remain …

May 18, 2020

Georgia Industry Content Leasing Malls Marketing Operations Restaurants Retailers Webinar

Webinar: Atlanta Retail Reboot — How Will the ‘Crown Jewel of the South’ Come Back On Line Post-Coronavirus?

by Sarah Daniels May 11, 2020

On May 8, Southeast Real Estate Business and Shopping Center Business magazines hosted “Atlanta Retail Reboot,” a webinar where experts from the Atlanta investment, retail and brokerage communities were invited to discuss what they are seeing in the retail market, the impact of the coronavirus on existing properties and on new developments, as well as what retail and restaurants will look like in the near and long term. Many retailers have been closed for weeks due to COVID-19, and the retail industry is facing a tough comeback. Listen to learn …

May 11, 2020

Grocery-anchored Industry Content Leasing Malls Operations Restaurants Texas Webinar

Webinar: Texas Retail Reboot — What Does the Future of Retail Look Like Post-Coronavirus?

by Sarah Daniels May 7, 2020

On May 7, Texas Real Estate Business and Shopping Center Business magazines hosted “Texas Retail Reboot,” a webinar taking an in-depth look at what the Texas retail real estate community needs as the state reopens after statewide shutdowns due to COVID-19. The coronavirus pandemic isn’t over, but Texas retail is adjusting to a new normal, including figuring out what retail will look like going forward. What will the future of Texas retail look like post-coronavirus? Find out what industry experts have to say about these topics and more: How will Texas retailers …

May 7, 2020

Company news Indiana Malls News Retailers

Simon Property Group Begins Reopening Malls in Stages, Outlines Safety Protocols

by Alex Tostado May 1, 2020

Indianapolis — Simon Property Group (NYSE: SPG) has released plans for reopening several of its malls in the first half of May. The openings are based on current state and/or local stay-at-home orders put in place as a result of the COVID-19 pandemic. Previously scheduled to open today, some properties in Georgia and Indiana have been delayed to a May 4 opening. View the reopening schedule here. Indianapolis-based Simon says its protocols have been reviewed and approved by experts in epidemiology and environmental health and safety. The protocols are in …

May 1, 2020

California Investment sales Malls News Retailers

CIM Group Agrees to Acquire Baldwin Hills Crenshaw Plaza Mall in Los Angeles for Over $100M, Plans Office Expansion

by Alex Tostado April 30, 2020

Los Angeles — CIM Group has agreed to purchase Baldwin Hills Crenshaw Plaza, an 869,000-square-foot mall in the Crenshaw/Baldwin Hills submarket of Los Angeles. The Los Angeles Times reports the sales price at over $100 million. The seller is Chicago-based Capri Urban Investors, which took control of the property in 2019 from Capri Capital Advisors, the Times also reports. The mall is situated on 40 acres at 3650 W. Martin Luther King Blvd., eight miles west of downtown Los Angeles. The Walmart and Sears stores shuttered prior to the COVID-19 outbreak, leaving over …

April 30, 2020

Company news Malls North Carolina Retailers

Tanger Outlets Sets Up Several Uses for Centers to Aid in Coronavirus Relief Efforts

by Alex Tostado April 16, 2020

Greensboro, N.C. — Tanger Outlets has converted several of its outlets centers and parking lots to assist in coronavirus (COVID-19) relief efforts. The Greensboro-based retailer has taken up food and supply drives to support families in the communities it serves. Additionally, the company has converted several of its parking lots to help police and EMS workers set up remote staging areas. Tanger is also still running blood drives with the American Red Cross at select locations. Click here for more information on Tanger services.

April 16, 2020

Company news Malls News Retailers

Malls, Retailers Shut Down Amid Pandemic

by Alex Tostado March 25, 2020

Simon and Unibail-Rodamco-Westfield announced Wednesday they were closing all malls until March 29. The American Dream Mall closed on March 16, postponing an opening preview of the Dreamworks Water Park. Mall of America closed on March 18 and will remain closed through the end of the month. Taubman announced it was closing its malls on March 19 and would keep them closed through March 29 unless recommendations from state or federal government require they remain closed longer. Some of Taubman’s retailers with exterior-facing storefronts would be permitted to remain open …

March 25, 2020

Company news Malls News Retailers South Carolina

United Development to Close Myrtle Beach Mall Today Until Further Notice Due to COVID-19 Outbreak

by Alex Tostado March 20, 2020

Myrtle Beach, S.C. — United Development Co. will close Myrtle Beach Mall at 7 p.m. local time today indefinitely due to growing concerns of the worldwide COVID-19 outbreak. The owner said the exterior entrances to Belk, Bass Pro Shops, Books-A-Million and JC Penney will remain open as long as those retailers continue to be open to the public. The owner also said that a deep cleaning will be initiated immediately following the closing, then again prior to the reopening. Myrtle Beach Mall is situated at 10177 N. Kings Highway, 11 …

March 20, 2020

California Company news Indiana Malls News Retailers

Simon, URW Among Latest to Temporarily Close Retail Centers Amid Coronavirus Outbreak

by Alex Tostado March 19, 2020

Indianapolis and Los Angeles — Simon Property Group and Unibail-Rodamco-Westfield (URW) have announced they will temporarily close their respective shopping centers across the United States amid the worldwide COVID-19 outbreak. Simon (NYSE: SPG) closed all of its U.S. properties at 7 p.m. local time Wednesday. URW will close its properties starting today. URW, which is headquartered in Paris and has offices in Los Angeles and New York City, operates 47 properties in the U.S. Due to European governments implementing crowd bans, URW began shuttering centers in France, Spain, Poland, Austria, …

March 19, 2020

Development Malls News Oklahoma Retailers

Simon Breaks Ground on 340,000-Square-Foot Tulsa Premium Outlets

by Alex Tostado March 3, 2020

Jenks, Okla. — Simon Property Group Inc. has broken ground on Tulsa Premium Outlets, a 340,000-square-foot, open-air retail and dining destination. The property is located just off the Creek Turnpike in Jenks, a southern suburb of Tulsa, and will be Simon’s 91st Premium Outlets development. Construction of the property is expected to generate 400 jobs, and the opening of the center is anticipated to create 800 new full- and part-time jobs. A completion date was not released.

March 3, 2020

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