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Walmart And Amazon Lead The Retail Pack By Leveraging Healthcare

Property:

Category: Uncategorized

Date: June 26, 2020

In recent years a lot of experts have predicted that the retail and healthcare industries would converge. Pre-COVID, retailers like Walmart WMT, Amazon AMZN, Best Buy BBY and CVS jumped on the bandwagon of leveraging opportunities in healthcare. But COVID-19 has quickly accelerated this trend to a new reality.

Elliot Nassim, President of Mason Asset Management was recently quoted in a Pymnts piece that “Today’s malls are not only anchored by department stores, but include entertainment, healthcare and fitness studios… This creates an exciting opportunity for the communities that surround these properties.”

To read more, please visit Forbes.

Coronavirus updates: Sacramento Catholic diocese says Mass resuming June 14, jury trials to resume

Property:

Category: Property News

Date: June 01, 2020

SUNRISE MALL REOPENS

Sunrise Mall, one of the largest brick-and-mortar shopping centers in the Sacramento region, will be opening Friday.

The owners of the Citrus Heights mall, New York-based investment firm Namdar Realty Group, said the mall will have special provisions in place to reduce the spread of coronavirus.

To read more, please visit the Sacramento Bee.

Joining Area Retailers, Sunrise Mall Set To Reopen Friday

Property:

Category: Property News

Date:

CITRUS HEIGHTS (CBS13) — Following the Roseville Galleria and Arden Fair, the Sunrise Mall reopened Friday morning.

Mall management said not all retailers are open and masks are required at the mall. They’re also changing hours and will be open from 11 a.m. to 7 p.m. Monday through Saturday, and 11 a.m. to 5 p.m. on Sundays.

In a letter to merchants and customers, the mall’s management Namdar Realty Group outlined new safety precautions.

To read more, please visit CBS Sacramento.

Northfield Square Mall in Bradley opens Saturday, no ‘mall walkers’ allowed

Category: Property News

Date:

When Northfield Square Mall opens this weekend, things may look a bit different inside.

The Mall won’t open until Saturday May 30th, but when it does in addition to enforcing social distancing, mall walkers will not be allowed inside. It’s one of many changes NAMDAR Realty Group released Thursday in a statement. 

 “We ask all patrons, merchants and employees to cooperate,” NAMDAR said in the release Thursday.  “Everyone needs to play their part to ensure our communities health.” Northfield Square will ask employees and security guards to enforce social distancing measures. 

To read more, please visit Countryherald.com

You Ask, We Investigate: Plans underway for former Sears building at the Northwest Arkansas Mall

Category: Property News

Date:

Win-win’ collaborative event aims to support struggling dairy farms, help Centre County residents

Property:

Category: Property News

Date:

The dairy industry is no stranger to financial strain, but the COVID-19 pandemic caused “sharp drops” in an already struggling field, a Penn State professor said.

But Tuesday, in what Associate Professor of Dairy Science Lisa Holden called a “win-win” event, local agencies were able to help Centre County families in need and support the dairy industry by giving away 675 half gallons of milk.

The preliminary event to gauge interest — held at the Nittany Mall — was organized in part by the State College Food Bank, Vale Wood Farms, the State College Downtown RotaryPenn State Extension, the Centre County Farm Bureau and Namdar Realty Group.

To read more, please visit Centredaily.com

Parents put together graduation parade for Casa Roble High School class of 2020

Property:

Category: Property News

Date: May 26, 2020

State College Food Bank to Distribute Free Milk at Nittany Mall

Property:

Category: Property News

Date:

The State College Food Bank will hold a drive-through distribution of free milk on Tuesday outside of the Nittany Mall.

Starting at 1 p.m. and continuing until supplies are exhausted, volunteers will give out a total of 675 half-gallons of whole milk and chocolate milk. Each family will be able to receive one of each and the distribution is open to anyone.

Mason Asset Management and Namdar Realty Group, which own and operate the Nittany Mall, also offered the use of the mall parking lot. Shopping malls in Pennsylvania remain closed to the public because of pandemic-related restrictions.

“As a result of the COVID-19 pandemic, we have had the opportunity to transform spaces within some of our properties to better accommodate the needs of the communities we serve,” Jelson Santos, director of operations at Namdar Realty Group, said in a statement. “We are thrilled to be offering State College Food Bank a space to give back to Centre County and are committed to finding more ways for us to give back during these challenging times.”

To read more, please visit Statecollege.com

You Ask, We Investigate: Is the Northwest Arkansas Mall going out of business?

Category: Property News

Date: