management

Service & Convenience

by Katie Lee February 10, 2022

— Interview with Matthew K. Harding — Retail Outlook: In changeable times, tenants focus on customer service and convenience. North Plainfield, N.J. — Within a changeable environment impacted by ongoing COVID-19 concerns, labor shortages, supply chain disruptions and rising inflation, brick-and-mortar retail tenants are cutting through the noise to focus on what they can control: providing top-notch service and convenience for customers. And coming off a strong year, they are optimistic about what 2022 will bring, according to Levin Management Corporation (LMC), which recently released the findings of …

February 10, 2022

management News restaurants

Kitchen United and Simon Launch “Grab Go Eat” Platform

by Katie Lee February 3, 2022

Indianapolis — Simon has announced “Grab Go Eat,” a new collaboration with ghost kitchen industry leader, Kitchen United. Through the “Grab Go Eat” platform, customers can order from multiple restaurants in a single transaction for on-mall pickup or home delivery, allowing guests to choose whether food is delivered to their table or any store within the shopping center as well as skip the lines and pick up food directly from the restaurant or on-premise food lockers. “The Grab Go Eat platform with Simon brings a new and cutting-edge dining experience …

February 3, 2022

construction and design management News property management remodels retailers

Trademark Completes Initial Renovation of Zona Rosa Mixed-Use Center in Kansas City

by Katie Lee September 23, 2021

Kansas City, Mo. — Trademark Property Company, mixed-use investor, developer and operator, completed the initial renovations of Zona Rosa, a 1.1 million-square-foot mixed-use town center located in Kansas City’s Northland. “By carefully considering each amenity addition and renovation, we’ve reinvigorated the overall Zona Rosa experience to be a vital part of the community,” says Terry Montesi, CEO of Trademark Property. Zona Rosa improvements included tearing down a building to create open green space featuring outdoor seating, lawn games and event activities, including The Rink at Zona Rosa, an outdoor ice rink available …

September 23, 2021

Industry Voices management property management

Post-COVID Capital

by Katie Lee September 23, 2021

— By Carty Davis — The evolving restaurant facility, changing priorities in CAPEX and capital through and post-COVID. As regulations and mandates end, owners and operators continue to adapt to a post-COVID society. Declining COVID cases and vaccine availability on a large scale show hints of the virus fading into the past, which is encouraging to business owners and the overall economy. While COVID may be on the decline, consumer behaviors, preferences and the distribution systems that support these evolving consumer tastes are here to stay. The quick-service restaurant …

September 23, 2021

management News people property management retailers

Levin Management Promotes Senior Property Manager to Portfolio Manager

by Katie Lee July 13, 2021

North Plainfield, N.J. — Denise Ciaravino has been promoted to portfolio manager at Levin Management Corporation (LMC), according to Erika Toscani, vice president of property management. Ciaravino joined the North Plainfield, N.J.-based commercial real estate services firm in 2006 as property manager and was named senior property manager in 2009; for the past decade she has overseen the day-to-day operation of a shopping center portfolio totaling approximately 1 million square feet. In her new role as portfolio manager, Ciaravino will also be the single point of contact for a 9-property, …

July 13, 2021

management News property management

Washington Prime Group Files for Chapter 11 Bankruptcy Amid Pandemic-Related Struggles

by Katie Lee June 15, 2021

Columbus, Ohio — Washington Prime Group, an Ohio-based owner-operator of regional malls and shopping centers, has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas. WPG cited insurmountable operating challenges tied to the COVID-19 pandemic as the primary catalyst behind the move. Against that backdrop, both CNBC and Reuters reported that many of the company’s tenants were unable to pay rent at various points in time over the last 16 months as public health mandates and lockdowns decimated foot traffic throughout the brick-and-mortar …

June 15, 2021

construction and design management News retailers

Midwood to Open $100 Million Shops at Sportsmen’s Lodge in Studio City, CA

by Katie Lee April 29, 2021

Studio City, Calif. — Midwood Investment & Development is nearing completion on The Shops at Sportsmen’s Lodge, a $100 million retail redevelopment of land formerly occupied by a meeting and convention center in Studio City, Calif. A rolling opening for the 90,000-square-foot property is scheduled to begin in June. The Shops at Sportsmen’s Lodge will be anchored by Erewhon, a Los Angeles-based market and café known for its selection of organic, healthy foods. Other tenants will include Civil Coffee, Free People Movement, Madison Reed, Myodetox, Roberta’s Pizza, SALT Optics, Tocaya, …

April 29, 2021

management News property management retailers

Kimco Realty and Weingarten Realty Plan to Merge

by Katie Lee April 15, 2021

Jericho, N.Y., and Houston — Kimco Realty Corp., one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, and Weingarten Realty Investors, a grocery-anchored Sun Belt shopping center owner, manager and developer, have entered into a definitive merger agreement under which Weingarten will merge with and into Kimco, with Kimco continuing as the surviving public company. The transaction will create the preeminent open-air shopping center and mixed-use real estate owner in the country. The combined company is expected to have a pro …

April 15, 2021

management News people property management

William S. Taubman Promoted to President & COO of The Taubman Company LLC

by Katie Lee March 4, 2021

Bloomfield Hills, Mich. — The Taubman Company LLC has promoted William S. Taubman to president of the company; he will also retain his role as chief operating officer. Taubman will continue to report to Robert S. Taubman, chairman and chief executive officer, while leading the company’s development, center operations, leasing and strategic communications functions. “Billy grew up in our business and is a creative, extremely well-respected thought leader within the retail real estate industry,” says Robert Taubman. “He has deep and productive relationships throughout retailing, and particularly with our luxury …

March 4, 2021

construction and design management News property management retailers

Liberty University to Redevelop Portion of Mall Near Campus

by Katie Lee January 12, 2021

Lynchburg, Va. — The first week of January, River Ridge outlined the next phase of its redevelopment, beginning with the demolition of the former Macy’s building on the West End of the property scheduled for first quarter 2021. The revitalized West End is envisioned as River Ridge’s restaurant and entertainment hub along with traditional retail and personal services options. It will provide a contemporary, open-air shopping experience with higher store elevations and urban-esque storefront designs, as well as an outdoor venue for family themed community events. “Now that updates to the …

January 12, 2021

Newer Posts

Older Posts