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TEI RETAIL in the NEWS

  • Foot traffic at a representative sample of 50 malls in March was up 86% from same month last year By Esther Fung The Wall Street Journal FacebookApril 27, 2021Original Post: Shoppers Return to Malls, With an Urge to Spend - WSJ

  • Original Post: Yahoo! Finance Photo: Multi-Ethnic family shops at Shopping Mall during Christmas Time with Santa Claus. Santa Claus and children are walking hand by hand. Photo was taken in Quebec Canada. Sarah Paynter, Reporter Tue, November 24, 2020, 1:26 PM EST·5 min read For the past

  • Original Post: Commercial Property Executive By Adirana Pop // November 11, 2020 Time Equities' Ami Ziff and Christa Dabkowski of Swire Properties on preparing for a holiday retail season like no other. Ami Ziff, Director of National Retail, Time Equities

  • Original Post: National Real Estate Investor The pandemic has pushed the start of the holiday sales season earlier than ever. Liz Wolf | Oct 21, 2020 Due to the COVID-19 pandemic and economic anxiety, will it be “bah humbug” when it comes to U.S. holiday retail spending in

  • Big tech is taking over some former retail spaces. By Gabrielle Olya October 19, 2020  Original Post: https://www.msn.com/en-us/money/realestate/5-surprising-second-acts-for-dying-malls/ar-BB1abwsw As brick-and-mortar retailers struggle to stay afloat, many malls around America are slowly dying — and Amazon may capitalize on these now-empty spaces. According to a Wall Street Journal report, the

  • PUBLISHED THU, SEP 24 20208:00 AM EDTUPDATED THU, SEP 24 20208:11 AM EDTLauren [email protected] ORIGINAL POST: https://www.cnbc.com/2020/09/24/retailers-resume-rent-payments-but-are-still-fighting-with-landlords.html Less than a third of retail companies paid at least 75% of June rent, according to a study by the National Retail Federation and the investment bank

  • Original Post: https://www.cnn.com/2020/09/18/business/malls-repurpose-empty-stores/index.htmlBy Parija Kavilanz, CNN Business Updated 3:27 PM ET, Fri September 18, 2020 Empty malls are getting some surprising new tenants New York (CNN)Consumers will still be heading to malls in the future. But their trips might have little or nothing to do with shopping. With

  • Original Post: https://news.yahoo.com/coronavirus-pandemic-clauses-in-retail-leases-are-a-musthave-but-landlords-are-atrisk-102345623.html Sarah Paynter Reporter, Yahoo Finance •September 4, 2020 Most retail rent agreements are straightforward: Tenants pay a monthly fee to occupy a space. But that was before the coronavirus pandemic. In the wake of disrupted store sales due to coronavirus

  • Photo provided by Time Equities, Inc. Link to Original Post: https://www.nreionline.com/retail/would-simon-s-tenants-go-along-amazon-their-new-neighbor In the current climate, even an Amazon distribution center might be a more palatable choice than a boarded-up anchor retailer. John Egan | Aug 13, 2020 Perhaps more than any other modern company, e-commerce behemoth Amazon.com

  • Despite the sobering picture created by a long list of struggling retailers, the current disruption also reflects well-known retail cycles. Photo: T.J. Maxx and Five Below at Colony Square in Zanesville, OH replaced an Old Navy store and the combined

  • Brick-and-mortar retail was in the midst of seismic changes even before the pandemic. Analysts say as much as a quarter of America’s malls may close in the next five years. By Sapna Maheshwari July 5, 2020 Original Post: https://www.nytimes.com/2020/07/05/business/coronavirus-malls-department-stores-bankruptcy.html Photo: The Vallco Shopping

  • By Parija Kavilanz, CNN Business Updated 1:38 PM ET, Mon June 29, 2020 Original Post: https://www.cnn.com/2020/06/29/business/curbside-pickup-malls-pandemic/index.html Photo: Brookfield Properties, the second largest mall operator, already offers curbside pickup service at 115 mall locations. New York (CNN) Curbside pickup has exploded in popularity over the past

  • Photo: The American Dream complex stands in East Rutherford, New Jersey. Photographer: Gabby Jones/Bloomberg By Tom Maloney, John Gittelsohn, and Natalie Wong June 9, 2020, 7:00 AM EDT Updated on June 9, 2020, 10:45 AM EDT  Original Post: https://www.bloomberg.com/news/articles/2020-06-09/american-dream-leaves-family-behind-mall-empire-mired-in-debt?sref=lhcvxvf8  Owners of the New Jersey property have

  • By Madeleine Streets As retailers begin to organize their store reopening strategies, they will need to work with real estate management to find a solution that works for all parties. With many companies unable to pay rent or looking at introducing new methods of selling, such

  • Time Equities Inc., a large operator of value centers across the country, feels the strain of retail tenants struggling amid the health crisis. Original Post: https://wwd.com/business-news/real-estate/covid-19-landlords-time-equities-1203552572/ By David Moin on April 13, 2020 “It’s taking a lot of manpower, a lot of discussion and a

  • The Cares Act does not address forbearance for commercial mortgages, which has left one landlord with its hands tied as it communicates with lenders and tries to work with tenants. Original Post: https://www.globest.com/2020/04/08/one-landlord-lukewarm-on-the-cares-act-and-rent-relief/?slreturn=20200309124134 Photo: Shutterstock By Mariah Brown | April 08, 2020 at 07:30 AM NEW YORK

  • The stay-at-home economy drives sales of home office and entertainment products Original Post: https://njbiz.com/bright-spots-stay-at-home-retail-economy/ By: Gabrielle Saulsbery April 6, 2020 12:01 am Suddenly sequestered in their homes, millions of New Jerseyans are realizing a few things: their home office chair is uncomfortable. Their web cameras aren’t

  • The bills are now coming due for big companies and millions of laid-off workers. Decisions made in the next few days will shape how coronavirus impacts the economy. By Ruth Simon, Esther Fung, Suzanne Kapner and Heather Haddon Photo by Victor Llorente for the Wall Street

  • Original Post: https://www.marejournal.com/single-post/2020/03/26/TEI-announces-purchase-of-Hamilton-Commons-in-Mays-Landing-NJ-for-60M https://online.flippingbook.com/view/821993/1/#zoom=z NYC firm grows retail portfolio to 121 properties across the United States MAYS LANDING, NJ — Time Equities Inc. (TEI), a full-service New York City-based real estate firm, has announced its largest acquisition of the year with the $60 million purchase

  • Original Post: https://therealdeal.com/tristate/2020/03/04/time-equities-buys-nj-retail-center-for-60m/ Time Equities Inc. bought a retail center in Mays Landing, New Jersey from Retail Value Inc. for $60 million in a deal brokered by JLL Capital Markets, ROI-NJ reported. Hamilton Commons spans 403,050 square feet and

  • Original Post: https://www.roi-nj.com/2020/03/03/real_estate/jll-closes-60m-sale-of-power-center-in-mays-landing/ By Emily BaderMays Landing | Mar 3, 2020 at 4:15 am JLLHamilton Commons in Mays Landing. JLL Capital Markets announced recently that it has closed the $60 million sale of a retail center in Mays Landing. JLL’s Jose Cruz, Chris Munley,