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Namdar and Mason’s Bold Bet on Chicago’s Magnificent Mile: A Glimmer of Hope for Retail’s Revival


Category: Acquisitions

Date: February 27, 2024

Namdar Realty Group and Mason Asset Management’s acquisition of a prime retail space in Chicago’s Magnificent Mile reflects a strategic bet on the revival of high-profile retail destinations in a post-pandemic world. Read more at

Jackson Crossing has a new smoothie business that’s a real sister act


Category: Store Openings

Date: February 06, 2024

It started as a love of making smoothies at home, but Sisters Smoothies has transformed into a fully functioning family business inside Jackson Crossing. Read more at

New Year celebrations continue into Monday around Montgomery


Category: Property News

Date: January 05, 2024

Millions rang in the new year at midnight, but the celebrations carried into New Year’s Day in Montgomery.

On the first day of 2024, some rang in the new year by roller skating at Eastdale Mall.

The celebration was for those who may have not have made it to see the ball drop on New Year’s Eve.

Roller Palace released thousands of balloons while skaters enjoyed live music from a local music artist.

For more information, please read at WSFA12.

Ross Dress for Less opens, pizza shop packs on the toppings and more Jackson County business news


Category: Leasing Updates

Date: October 18, 2023

JACKSON COUNTY, MI – A long-awaited retail store has opened in Jackson County and a local coffee shop opened in a historic Somerset store.

For more, please read at

New Namdar exec on Pittsburgh Mills: ‘We do not intend to let this property go.’

Category: Property News

Date: September 29, 2023

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.

California’s Sierra Vista Mall Adds Solar Panels from King Energy

Category: Property News

Date: August 29, 2023

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.

Namdar, Franklin County Area Development Corp. to Redevelop 127-Acre Mall in Pennsylvania


Category: Leasing Updates

Date: August 18, 2023

Namdar Realty Group and the Franklin County Area Development Corp. (FCADC) have announced plans for the redevelopment of Chambersburg Mall, a 127-acre property located in Chambersburg.

For more information, please read at Shopping Center Business.

Namdar Realty Group identified as Crystal Mall buyer


Category: Leasing Updates

Date: June 26, 2023

Jun. 23—WATERFORD — A Long Island real estate investment firm with a history of snapping up struggling shopping malls and then hanging onto them while investing little in upgrades has purchased Crystal Mall for more than $9.5 million, having offered the winning bid in an online auction last month.

A deed filed Thursday with the town clerk’s office shows three entities with addresses in Great Neck, N.Y., bought the property at 850 Hartford Turnpike from a commercial lender that foreclosed last year on a loan obtained by Simon Property Group.

For more information, please read at The Day

Circus Delman coming to Montgomery


Category: Property News

Date: June 23, 2023

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