DDR buys shopping malls from Blackstone for $1.46BWANEBEACHWOOD, Ohio (AP) — DDR Corp. is buying 30 of 44 U.S. shopping centers from a joint venture it has with private equity firm Blackstone Group LP for $1.46 billion, saying it expects to make money by raising rents at the malls and redeveloping them.Fitch Lifts DDR Out of Junk Grade on Recent AcquisitionW […]

'Hispanic Malls' Drawing Crowds by Being Culturally in TuneAdAge.comYesterday I spoke at the International Council of Shopping Centers annual convention in Las Vegas on a panel called "Hispanic Markets: The Next Gold Rush." If you have been to La Gran Plaza Mall in Fort Worth or the Dessert Sky Mall in Phoenix or the ... […]

Mall will give shoppers new digital toolsSarasota Herald-TribuneGreen added that attendance at the ICSC event, where retailers and developers gather to ink leases or commitments for new centers and malls, also bodes well for traditional shopping centers. "It tells me that ecommerce is not having as great of an ... […]

Offices, Hotels And Shopping Malls Brace For Millennial MakeoversForbesAnd not to be left out, even stodgy shopping malls are being primed to become more Millennial-friendly. While you likely won't see gaggles of twentysomethings crowding your nearest food court, the Urban Land Institute recently reported that 74% of ...and more » […]

Retail traffic analyser, ShopperTrak, sets up new shopping centre business unitRetail Times“The role of shopping malls and shopping centers is changing rapidly,” said Starcevich. “As the relationship evolves between retailers and their ultra-informed and empowered customers, our team at ShopperTrak will work closely with shopping mall owners ... […]

Good News for Shopping Center Mall Managers in Surveys, Rising Occupancy ...About - News & IssuesReportedly the mall walking and talking is upbeat at the annual International Council of Shopping Centers (ICSC) RECon convention this year as slowed U.S. mall development and rising demand for U.S. mall space are two important factors in a U.S. mall ...Shopp […]

VIDEO: More shopping centers to be updated in Southwest FloridaSarasota Herald-Tribune (blog)A video interview with Ron Wheeler, CEO of The Sembler Company, a real estate development firm based in St. Petersburg. Sembler is currently redeveloping the Publix shopping center in Nokomis. […]

Wall Street JournalStarwood Capital Goes Shopping for MallsWall Street JournalIn another recent deal, private-equity firm Blackstone Group LP this month agreed to sell its majority stake in 30 U.S. shopping centers to DDR Corp. for $1.46 billion. Meantime, Blackstone also is preparing for a likely initial public offering of its ...Westfield Group could ditch […]

Blackstone Is Said to Consider Shopping-Center IPO This Year (1)BusinessweekBrixmor, the second-biggest owner of U.S. community and neighborhood shopping centers, would be part of a first wave of large real estate sales by Blackstone after the credit crisis. The New York-based private-equity firm began telling investors in ...and more » […]

Macerich's Santa Monica Place Wins "Best-of-the-Best" Global Shopping Center ...PR Newswire (press release)The annual VIVA "Best-of-the-Best" Awards honors and recognizes the most outstanding examples of shopping center design and development, marketing sustainability and community service worldwide. ICSC is the premier global trade […]