In a former historic Ames & Brownley department store in downtown Norfolk, Virginia, a local company is sewing together a tapestry of complementary tenants -- creative companies, tech startups and freelancers -- in one building ecosystem. The 50,000-square-foot multi-tenant office campus, … [Read more...] about 4.10.22: CENTURY-OLD DEPARTMENT STORE CONVERTED INTO CREATIVE OFFICE HUB
4.18.19: Mall Giants Continue to Redevelop Vacant Department Stores
Mall owners Simon Property (NYSE: SPG) and Macerich Company (NYSE: MAC) continue to redevelop vacant department stores, creating substantial value for shareholders. In a recent earnings call, Simon reported that redevelopment activity is moving quickly, and in some cases, much quicker than … [Read more...] about 4.18.19: Mall Giants Continue to Redevelop Vacant Department Stores
6.5.17: Redevelopment Strategies for Former Department Stores
With reports of department store closings now routine, particularly in mall locations, mall owners are actively redeveloping these spaces for alternative uses in strong markets. CBL & Associates recently redeveloped a vacant Sears store at Fayette Mall in Lexington, Kentucky, into a total of 20 … [Read more...] about 6.5.17: Redevelopment Strategies for Former Department Stores