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Further redevelopment plans through association with Prudential Commercial Real Estate fell through in 2014 when that company's listing agreement expired. [71] By 2017, only Kohl's, Bass Pro Shops, an arcade, and a children's entertainment complex remained in operation. [72] A brokerage team put the mall up for sale in 2017. [73]
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
SITE Centers was founded in 1965 by Bert Wolstein as Developers Diversified Realty, Inc. [2] After two years, the company built its first property, a KMart store in Eastlake, Ohio. [3] On February 12, 1993 Developers Diversified Realty, Inc. became a public company after making its initial public offering.
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Pages in category "Shopping malls in Ohio" The following 30 pages are in this category, out of 30 total. ... Code of Conduct; Developers; Statistics; Cookie statement;
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.
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Being one of the largest shopping centers in Ohio at 1,677,272 square feet (155,823.7 m 2), SouthPark Mall is also ranked as one of the largest shopping malls in the United States. [2] The mall features over 170 specialty shops and restaurants, [ 3 ] and is the largest retail destination in Northern Ohio.
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