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EAST RUTHERFORD, NJ—"Transforming the exterior design of the property has been an essential part of our plan for the project from the very beginning," says Don Ghermezian, president of Triple Five Worldwide. "Our vision is to create an elegant and visually exciting façade that will showcase the exceptional retail and entertainment destinations found inside American Dream."
ORANGE COUNTY, CA—The ever-shrinking labor pool has been an ongoing challenge since the recession recovery began and one that threatens the growth of the construction sector in this market, JLL's Greg Holcomb tells GlobeSt.com.
NEW YORK CITY—AG Asia Realty Fund III will seek to capitalize on value-add turnaround and development opportunities with a focus on Japan, South Korea, Hong Kong and China.
LOS ANGELES—Macerich has experienced massive success with its ecommerce return centers, and is expanding the operation for the holidays with three new locations.
PHILADELPHIA—"We began to work with the Shooster family several years ago and are very pleased that we are finally acquiring these centers,” says Drew Gorman, Echo's senior vice president of acquisitions and development. “The centers are well located, time-tested properties that also provide an opportunity for enhanced value."
NEW YORK CITY—Many e-tailers are searching for physical stores, while traditional retailers are stepping up their Internet and mobile efforts, according to a new research report unveiled here at ICSC.
FRISCO, TX—LA Fitness leases continue to trade at the lowest cap rates in the health and fitness category for STNL properties, and one that anchors the Frisco Market Center just changed hands.
SAN ANTONIO—As one of the fastest-growing large US cities, San Antonio has experienced strong and steady job growth, and the property's location allows residents to commute to the city's major employers.