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HomeGoods, Dick’s Sporting Goods and Field & Stream Open in Former Sears Space at Viewmont Mall

Scranton, Pa. — PREIT has announced the opening of HomeGoods, Dick’s Sporting Goods and Field & Stream in a space formerly occupied by Sears at Viewmont Mall in Scranton.

…

  • September 8, 2017
  • Published in Leasing, News, Pennsylvania

PREIT Brings Dick’s Sporting Goods, Field & Stream to Viewmont Mall in Scranton

Scranton, Pa. — PREIT has inked a deal to bring a dual-store format concept to Viewmont Mall in Scranton.

…

  • April 12, 2016
  • Published in News, Pennsylvania

The Shopping Center Group Arranges Sale of Mall at Steamtown

Scranton, Pa. — The Shopping Center Group (TCSG) has arranged the sale of Mall at Steamtown, a 558,816-square-foot enclosed regional mall located in Scranton.

…

  • August 4, 2015
  • Published in Investment sales, News, Pennsylvania

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NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Industry News

  • JLL Brokers $22.1 Million Sale of Retail Property Near Los Angeles
  • IPA Brokers Sale of 68,761-Square-Foot Shopping Center in Upstate New York
  • Metro Orlando Restaurant Property Trades Hands in $3.3 Million Sale
  • Cord Meyer Signs Five New Tenants to Shopping Centers in Metro New York City
  • Northmarq Arranges Acquisition Financing for 388,700-Square-Foot Shopping Center in Montgomery, Alabama

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