Walmart's purchase was an all-cash $34 million deal, according to CBL, a shopping mall owner that sold the property.
Though they plan to redevelop the once-thriving retail hub, Walmart states it's too early in the process to share a plan.
Namdar Realty Corp. and its partners — a prolific acquirer of down-and-out malls nationwide, four of those in Connecticut — ...
The transaction, finalised with Tennessee-based mall owner CBL Properties, positions Walmart as the latest corporate player to repurpose a traditional shopping centre. Spanning 186 acres, the ...
Owners of West Ridge Mall announced upcoming plans that will include the closing of a major store, less retail, more office ...
Those in Grand Forks have seen less and less shopping options throughout the years as stores inside the Columbia Mall dwindle ...
Jay Bisognano, leader of Torrington Properties, made some promises to town leaders about future of Mall and Fox Run and Newington shopping center.
The vital signs are not good. Even before the recession hit, consumers had developed mall fatigue, and the classic enclosed shopping mall was in decline. More than 400 of the 2,000 largest malls ...
In the Nashville area, Simon owns and operates Opry Mills and co-owns the Mall at Green Hills through a joint venture with ...
Torrington: Existing stores to remain for now Leases for the existing stores at the Mall at Fox Run and Newington Park Shopping Center will be honored by Torrington prior to any future ...