X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY—For the leading owners in the retail sector, 2014 has been upbeat thus far. The five mall REITs rated by Barclays Capital—Simon Property Group, GGP, Pennsylvania Real Estate Investment Trust, Macerich Co. and CBL & Associates—are up an average of 14.5% year to date, compared to 14.1% for the MSCI US REIT Index. Occupancy is high at nearly 95% and, following a rough winter, sales have been trending upward. For these landlords, the ability to replace underperforming tenants is greater, as is their pricing power.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.