Simon Property Group bets on retail comeback with store leases

May 11, 2021
The commercial landlord agreed to lower mall retailers' base rents for a bigger cut of their sales.
Rather than evict or sue some of its tenants that missed rent payments, mall owner Simon Property renegotiated "break points."
Spencer Platt/Getty Images

Amazon in talks with Simon Property Group on taking over mall space

Aug 10, 2020
But for those other mall tenants, sharing space with Amazon might feel like an insult.
A closed JC Penney department store in North Carolina. Amazon is in talks with Simon Property Group — which owns closed Penney and Sears stores — about using the space as fulfillment centers.
Andrew Caballero-Reynolds/AFP via Getty Images

The mall is dead, long live the mall

Jul 29, 2013
Shopping mall firms struggled during the recession and are still digging out.

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