Kimco Realty and Weingarten Realty Plan to Merge

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,

Retail in the COVID Era

— By Gary Glick — Top 3 lease provisions negotiated by landlords and tenants.   Almost a year into this pandemic, retailers are still facing uncertainty in light of the recent spike of COVID-19 cases accompanied by a new wave

New Restaurant Concept, Loaded Elevated Nachos, Now Open

St. Charles, Mo. — Streets of St. Charles, already home to Narwhal’s Crafted, has welcomed Loaded Elevated Nachos, a fun new food concept from Narwhal’s owners Brad Merten and Brandon Holzhueter. Loaded is the newest addition to 1450 Beale St.,

Taubman Names New Chief Financial Officer

Bloomfield Hills, Mich. — The Taubman Company LLC’s executive vice president and chief financial officer, Simon Leopold, will leave the company effective January 31. Taubman’s vice president, capital markets and treasurer, Benjamin Meeker, will be promoted to senior vice president,

Before the Fall

— By Jessica Schultz — Don’t slip up this winter and let your patrons down.   Preventing and managing slip-and-fall accidents at your locations is just as important as all other exterior and interior maintenance items. Being in the middle

Liberty University to Redevelop Portion of Mall Near Campus

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

Simon Property Group Completes Acquisition of Taubman Centers, Inc.

Indianapolis — Simon Property Group, Inc. has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG) for approximately $3.4 billion. Under the terms of the transaction, Simon, through its operating partnership, Simon Property

What to Know: On the Go

— By Michelle Egan — What you need to know when adding or updating curbside pickup service.   Prior to the pandemic, it could be argued that many (if not most) restaurants offered takeout while some actually had curbside pickup.

Common Area Costs During COVID

— By Dan Villalpando — Key retail lease provisions to revisit in light of COVID-19.   The outbreak of the COVID-19 pandemic forced many retailers to close their doors to customers beginning in March 2020, just as the overall economy

Trademark Property Company Hires New Vice President of Experience

Fort Worth, Texas — Trademark Property Company, the Fort Worth, Texas-based retail and mixed-use development, investment and institutional services firm, is taking its focus on experiential retail and guest experiences to the next level with hire of Chuck Steelman as

CAP Hires National Sales Executive

Salt Lake City — Commercial Asset Preservation, LLC (CAP), a nationwide provider of maintenance, repair and inspection services for operating and vacant retail, restaurant, medical, office and industrial real estate, has hired Samuel Cerminaro, Jr. as a national sales executive.

Simon Terminates $3.6 Billion Taubman Merger Agreement

Indianapolis — Simon Property Group has terminated its Feb. 9 merger agreement with Taubman Centers Inc. Simon also filed an action on June 10 in Michigan’s Oakland County Circuit Court saying Taubman breached the covenants in the merger agreement. Under

Bal Harbour Shops Reopens With a COVID-19 Plan

Bal Harbour, Fla. — With carefully considered planning, following CDC guidelines and in alignment with state and local officials, Bal Harbour Shops opened on May 18 with increased safety precautions to protect customers, retailers and employees. In keeping with Miami-Dade

Pacific Commons in California Now Offering ‘Retail-to-Go’

Fremont, Calif. — In observance of Governor Newsom’s new directive, Pacific Commons, a regional lifestyle center in Fremont, Calif., is now offering retail-to-go services with curbside pickup options available to shoppers. While the center itself is open, individual retailers will

ShopOne REIT Promotes COO and SVP, Property Management

New York — ShopOne Centers REIT Inc., a leading owner, operator and manager of high-quality grocery-anchored shopping centers, has promoted Bob Dake to chief operating officer and Tom Shine to senior vice president, property management. Dake previously served as ShopOne’s

Simon Property Group Begins Reopening Malls

Indianapolis — Simon Property Group has released plans for reopening several of its malls in the first half of May. The openings are based on current state and/or local stay-at-home orders put in place as a result of the COVID-19

How to Make Tech Work for You

— By Matt Dailey —   Creating efficiency in property management through technology.   It’s no secret that technology is changing the way we live, work and shop now more than it ever has. Tech has disrupted nearly every industry,