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Vol. II — No. 184Remarkable People · Exceptional CompaniesToday's Edition

shopping-centers

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Company
Westcor built the mall. The real business was the neighborhood.
Enterprise · Consumer

Westcor built the mall. The real business was the neighborhood.

The Phoenix developer paired regional malls with smaller shopping villages, then sold to Macerich for $1.475 billion. Its properties offer a useful lesson in what survives when shopping habits change.

retail-real-estate · shopping-centersRead →
Company
SimonCRE Is Betting $500 Million That Retail's Ugly Spreadsheet Can Still Be Beaten
Enterprise

SimonCRE Is Betting $500 Million That Retail's Ugly Spreadsheet Can Still Be Beaten

New shopping centers are expensive, slow and unfashionable. SimonCRE's answer is a short ownership clock, municipal dealmaking and the stubborn belief that a good Target can still rearrange a town.

commercial-real-estate · retail-developmentRead →
Company
The Landlord Betting That America Still Needs to Buy Milk in Person
Fintech · Logistics · Enterprise

The Landlord Betting That America Still Needs to Buy Milk in Person

While the internet was busy declaring the shopping center dead, a West Palm Beach firm quietly assembled 14 million square feet of the stuff - and keeps selling it at a profit.

private-equity-real-estate · retail-real-estateRead →