RAHIM YAR KHAN/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with His …
Read More »Sears bankruptcy may inflict pain on mall owners for years
Bloomberg As Sears Holdings Corp goes through bankruptcy, retail landlords wondering how they could be impacted might want to look at a 2015 deal. Mall owner Macerich Co struck an agreement that year with the struggling department-store operator to redevelop a 300,000 square-foot store at Kings Plaza Shopping Center, a high-traffic mall in Brooklyn, New York. Three years and $100 …
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