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How Secure are American Malls in the Wake of al-Shabaabs Threat?

2015-02-24 15:58:00| National Real Estate Investor

Security has been heightened at the Mall of America in the wake of a video posted by Somalia-based Islamist terrorist group al-Shabaab last Saturday, asking Western Muslims to answer the call of jihad by attacking American- and Jewish-owned shopping malls in the United States, the United Kingdom and Canada. read more

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Malls are like, totally not dead, y'know?

2015-01-08 14:31:30| Real Estate - Topix.net

There's even a great line in the Arcade Fire song "Sprawl II" about how "dead shopping malls rise like mountains beyond mountains. And there's no end in sight."

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Two of Pittsburgh region's 20-biggest malls up for sale

2015-01-05 15:45:42| Real Estate - Topix.net

A big real estate investment trust said Monday it plans to divest of two of the 20-biggest malls in southwestern Pennsylvania, Washington Crown Center and Uniontown Mall, in 2015. The announcement by the Pennsylvania Real Estate Investment Trust follows the sale of $191.7 million worth of properties in 2014 as part of a multiyear strategy.

Tags: up sale regions pittsburgh

 

China embracing Christmas, brings Santa to Shanghai malls

2014-12-21 21:57:07| Apparel - Topix.net

It's a typical holiday scene in the U.S.: a decked-out Christmas tree, twinkling lights and a line of shoppers waiting for Santa Claus. Christmas retail displays are becoming increasingly common in China and other parts of the world that don't traditionally observe the holiday.

Tags: china santa christmas brings

 

Teacher's sells stake in five U.S. malls to joint venture partner

2014-11-18 16:26:23| Real Estate - Topix.net

The Ontario Teachers' Pension Plan has signed an agreement to sell its minority stake in five regional malls in the United States to its joint venture partner in a deal valued at US$1.89 billion. Under the agreement, the Macerich Co.

Tags: partner joint teachers venture

 

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