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Nike's Casing Malls

Nike Inc. is "almost certainly" exploring opening a small number of mall-based specialty stores in 2007, said John Shanley, an analyst for Susquehanna Financial Group, in a research note published early Tuesday.

Citing shopping center industry contacts, Shanley wrote that the Beaverton, Ore., athletic product company is "actively" looking at 3,500- to 4,000-square-foot boxes in prominent center court locations in A malls only. A malls typically generate $350 or more a square foot in retail sales.

So says, CBS Marketwatch.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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