'Shoptainment' will save shopping malls, analyst says
Before COVID-19, industry analysts across the board were lamenting the death of the shopping mall
Source: chicagotribune.com
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The answer to save malls: 'Shoptainment,' analyst says
According to a McGraw Hill Education study, malls saw an increase of traffic last year, with American malls and outlet centers reporting an occupancy rate of more than 93%, up from 91% the previous year. Across all U.S. malls and outlets, 2022 saw more stores announcing openings than closing. Part of the rebirth is credited to what some are calling “shoptainment."
Source: pilotonline.com
Primestor Raises $165 Million - Los Angeles Business Journal
Minority-owned real estate firm Primestor Development last week raised $165 million for its Urban Vision Fund I, with which it plans to execute on local mixed-use and transit-oriented projects that serve urban and minority communities in the county.
Source: labusinessjournal.com
Primestor Raises $165 Million - Los Angeles Business Journal
Minority-owned real estate firm Primestor Development last week raised $165 million for its Urban Vision Fund I, with which it plans to execute on local mixed-use and transit-oriented projects that serve urban and minority communities in the county.
Source: labusinessjournal.com
Minority-led company secures up to $165 million in capital commitments
It plans to deliver transformative real estate in diverse urban communities.
Source: aldianews.com