TENANT UPDATE

Galleria Dallas, known as the presenter of one of the best Christmas celebrations in mall-dom, has six new presents to offer its loyal shoppers.

PREIT has been doing it, CBL is doing it, and now another big mall owner is offering special lease terms to local and minority-owned businesses to add variety to its tenant lineups.

Retail’s journey from underdog to a favored asset class has continued into the second quarter of 2022.

Marketing director Valerie Cope says Mercato’s rebound from the pandemic in Naples, Fla., has been accelerated by the signing of six new tenants.

National Harbor, Peterson Companies’ massive mixed-use township on the banks of the Potomac River, continues to expand its reach.

Black Americans have never had the opportunity to do retail the right way, according to J.O. Malone of Pearland, Texas.

Pandemic deserters are back and rents are up in Manhattan, office lights are flickering, and a corner property across the street from Diane von Furstenburg in the Meatpacking District has captured a major luxury watch Brand.

Two years ago, newly graduated Gen Zers were moving into tertiary markets closer to their native towns. Now they’re booking it to big cities.