Allow Dan Dilmanian, the new COO of Namdar Realty Group, to introduce himself as the company’s newest and perhaps best argument that it is fully committed to maintaining its ownership of the Galleria at Pittsburgh Mills in advance of a scheduled Sheriff’s Sale of the more than one-million-square-foot mall on Oct. 2.
For more information, read at Pittsburgh Business Times.
The Sierra Vista Mall has added a new solar program from King Energy that is expected to generate 2,830 megawatts of sustainable energy annually for the 762,000-square-foot shopping mall in Clovis, Calif.
For more information, please read at Retail & Restaurant Facility Business.
MONTGOMERY, Ala. (WSFA) – The Eastdale Mall is all set to host the Circus Delman Spectacular from June 23 through July 10.
The Circus Delman was founded in 1984 in Mexico City by Mr. Oney Del Manzano and Mrs. Aida Vazquez, along with his four children, Lorena, Jorge, Roberto, and Alberto. Their mission is to bring joy, magic, and fun to people from all over the world.
For more information or to purchase tickets, click here.
For more information, please read at WSFA
MONTGOMERY, Ala. (WSFA) – The Eastdale Mall in Montgomery has been successful as the city’s longest-standing mall for nearly five decades despite a trend of malls closing in the U.S. over the last 15 years.
“We’ve been blessed,” said General Manager Richard Holman.
Holman reported that the mall does not have any vacancies after announcing four new retailers, adding there is a waiting list of businesses wanting to rent out a space.
Please read more at WSFA.com
A fast-growing women’s clothing retailer has opened a store at the Nittany Mall.
Daily Thread held a grand opening on Friday at the former Express location inside entrance B of the College Township mall.
The company touts itself as offering affordable fashions in missy, petite and plus sizes.
To read more, please visit State College.
For years, major national chains lifted Gulf View Square Mall to popular heights in Port Richey.
But online shopping challenged and changed mall culture, leading to empty storefronts, disappearing box stores — goodbye Sears — and dwindling visitors.
But if national can’t save malls, maybe local can?
Gulf View Square Mall is experiencing a rebirth by courting small local businesses with discounted rent and making the mall a bustling community hub with “Markets in the Mall,” which bring in 60 vendors and 5,000 visitors.
To read more, please visit ABC Action News.
The company that owns the Westfield Trumbull mall announced it has sold the property, as well as another mall it owns on Long Island.
A release from Unibail-Rodamco-Westfield put the value of the sale at $196 million.
To read more, please visit News 12 The Bronx.
A Paris-based real estate company has sold its second Long Island mall in two years, as it tries to reduce its debt by unloading its U.S. retail properties.
Westfield South Shore in Bay Shore and Westfield Trumbull in Trumbull, Connecticut, were sold by Unibail-Rodamco-Westfield for $196 million Friday, URW said in a statement Tuesday.
To read more, please visit Newsday.
BAY SHORE, NY — Westfield Mall South Shore in Bay Shore, along with Westfield Trumbull in Trumbull, Connecticut, were officially sold for a total of $196 million last week.
Unibail-Rodamco-Westfield, a French company which owns 21 malls in the U.S. and several international locations, said in a news release that it sold the two malls Friday to commercial real estate investment firm Namdar Realty Group.
To read more, please visit Patch.