As a major owner of indoor malls, Washington Prime Group has faced numerous challenges in dealing with the sudden closures of several of its former tenants, including Toys R Us, Bon-Ton Stores and Sears. In its third quarter 2019 earnings call, Washington Prime Group highlighted its recent leasing progress, with year-to-date leasing activity reaching 3.2 million square feet, which includes resolving 17 of the 23 anchor vacancies within the REIT's portfolio.
Washington Prime Ups Leasing Game in Battle Against Declining Occupancy
Despite Success in Backfilling Empty Anchor Stores, Retail REIT Reports Quarterly Loss, Hit With Credit Downgrade
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- FieldhouseUSA
14200 Alameda Ave, Aurora, CO
- RoomPlace
3333 Touhy Ave, Lincolnwood, IL
- Sears
7401 Market St, Youngstown, OH
- Companies
- Washington Prime Group Inc.
Real Estate