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DIRECTORY OF MAJOR MALLS. Shopping Centers, Power Centers & More.
30+ Years as the Source of Major Shopping Center Data for the US and Canadaspacer2015 issue 70

Size Matters: Smaller is Better (Demand for Little Shopping Centers Booming)

Small shopping center - North Village North Brunswick, NJ . Photo: | Levin Management via Real Estate Weekly - A retail expert says interest in smaller malls and shopping center properties is on the rise, particularly those in the vicinity of 50,000 square feet. That’s according to Real Estate Weekly which recently posted an interview with Joseph Lowry, director of acquisitions / business development for Levin Management, a retail real estate services firm. In the interview, Lowry noted that with low interest rates, “leasing, investment demand and pricing all are quickly returning to pre-recession levels, presenting an ideal time for owners to stabilize or reposition their properties and test the market.”

Where are you in the Development Chain? How to Design a Mall

Construction at Omaxe Connaught place, poised to be the most sought-after business, commercial and entertainment centre in North India. One of the largest shopping-cum-entertainment malls, will feature ultra modern office space, a world class shopping mall, a 5 screen multiplex, a 5-star hotel, food courts, a family entertainment zone and more. | Photo: Beyond SquarefeetThe world has become a very small place. People get ideas and inspiration from all over the world when they dream up a project. A specialist with Beyond Squarefeet, a mall advisory company based in Mumbai, India, has penned an article for The Economic Times of India’s retail website, Susil S Dungarwal described the basic process that developers go through when designing a mall. “A common mistake is that while designing a mall, a lot of emphasis is given to the look and feel or exterior finishes of the mall, but not as much to the basic circulation planning,” he wrote. “Look and feel undoubtedly are important factors, however an efficient Design Planning & Circulation is most critical.” Do you agree with his assessment? What did he leave out? Tell us by sharing and Tweeting your ideas to us.

New Project News: Lifestyle Shopping Center coming to King of Prussia, PA

King of Prussia Town Center is a 230,000+ square foot retail development adjacent to a new 130,000 square foot Wegmans in King of Prussia, Pennsylvania. | Image: JBGR Retail/Brown Craig Turner, via http://www.phillymag.comDespite more than four hours round trip of driving to do, if there is a great Cheese Steak sandwich to be eaten, your humble e-newsletter editor may find himself taking I-95 to Route 276 once this place opens in 2016. The movement to “lifestyle centers” is reportedly continuing near the streets of Philadelphia, with a 20-acre development called the King of Prussia Town Center. Philadelphia Magazine takes a look at a new project for the area that it said is slated to feature a lively Town Square that offers “a green space for free yoga sessions in the morning or seating for relaxing or taking in live entertainment” with “modern architectural structures” that “mesh with water features that dot the landscaped grounds.” Oh yeah, there’ll be retail there, too.

DMM Spotlight #70 - The Village at Meridian, Meridian, ID | - Click for a free PDF of this Spotlight Report.
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DMM Data Powers Article, new DMM Storymap Available

Did you see this article in the Austin Business Journal? Did the expertise look familiar? We supplied much of the data and assisted ABJ’s and ESRI’s research teams as the article was prepped. Additionally, here is a link to the newest ESRI Storymap, courtesy of a partnership between DMM and ESRI. This new map provides details about Austin, TX, where the 25 top-ranking shopping centers in Austin range from 443,000 square feet to more than 1.5 million square feet. The interactive map also shows the centers that have been added to the area since 2010 and new ones currently under construction. DMM has been an ESRI data partner since 2005, providing shopping center and mall data for use in ESRI Location Analytics. Click here for more information about the ESRI story maps.   845.348.7000 : : 1.800.898.MALL FaceBook - Directory-of-Major-Malls/42725694509 spacer Twitter - vertical spacer DMM News  

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