In a redesign that resurrected the Blue City mall in Warsaw, Poland, the owners added a dramatic water feature designed by Crystal Fountain of Toronto, Ont. The fountain, which shoots a jet of water about 90 feet into the air, is located in the...
Timing is everything, PREIT reckoned, as it evaluated a plan to dump all its residential properties and add regional malls to its portfolio. The transaction would have to take place when it could simultaneously line up a buyer for its multifamily...
For years the retail pie has been getting divvied up into smaller slivers. It used to be that there were only two big slices: regional malls and strip centers. But then came outlet malls. Power centers followed. And most recently, lifestyle and...