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Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties [3] as of 2021.
As of 2022, nearly 200 malls across America had plans to add residential units, according to the Orange County Register; 33 had made those plans since the start of the pandemic. Office conversions ...
Hamilton Street Holdings wants to redevelop the strip mall with a five-story building that will contain 120 apartments with a 7,311-square-foot day care center on the ground floor.
A pad site or outparcel is a freestanding parcel of commercial real estate located in the front of a larger shopping center or strip mall. [1] Desirable because of their visibility to consumers, accessibility, and the ease of facilitating drive-thru service, pad sites are typically sought after by banks, casual dining, and fast food restaurants.
The Village Board on Tuesday approved a 90-day planning option for Derek Liebhauser, of Neenah-based Spark Development LLC, for the now-demolished strip mall site at 1905 S. Webster Ave.
A strip mall, strip center, strip plaza or simply plaza is a type of shopping center common in North America and Australia where the stores are arranged in a row, with a footpath in front. Strip malls are typically developed as a unit and have large parking lots in front.
It was then sold to the Archon Group (also of Dallas), who put the mall up for sale again in 2000. At the time, the mall was at 94% occupancy. [2] When occupancy declined, plans were announced to convert the mall's enclosed upper level to a strip center. Under the plan, the mall was renamed to The Shoppes at Northway, which took place in 2005.
Simon and its compatriots own indoor malls -- the fancy, rich cousin of the local grocery-anchored strip mall. And while some of Simon's run is related to its growth-focused acquisitions of Mills ...
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