After being foreclosed on and put in receivership, Montgomery Mall has now been put up for sale and is expected to sell for an estimated…
In another sign of the financial woes plaguing shopping malls, the Montgomery Mall was foreclosed on earlier this month. The owners were Simon Property Group…
To few people’s surprise, malls were heavily impacted by the COVID restrictions of the last year and a half, which caused real estate groups…
Everyone is well aware that the circumstances of the last year have caused shopping malls to struggle, but analysts now have data to ascertain just…
In a retail climate where many are having trouble even collecting rent, Simon Property Group, owner of both the King of Prussia and Montgomery Mall…
By Chris Isaac
Earlier this month it was revealed how severely the pandemic had impacted PREIT’s finances, as their trade value on the New…
As COVID-19 has thrown challenges in the way of nearly every industry and business, people have been particularly curious how it…
After JC Penney went bankrupt back in May due to the strain of lost business from COVID-19’s quarantine, rumors quickly began that the…
A $100 million loan backed by the Montgomery Mall could be facing default and may result in its owner, Simon Property Group, relinquishing the property…
Simon Property Group is in talks with Amazon to turn vacant J.C. Penney and Sears space into fulfillment centers, write Ashley Gurbal Kritzer and…
By Katie Kohler
Although it’s nice to see packages at your doorstep, it lacks the appeal of a “real” retail experience. Remember that? Clothes…
The Sears store at the Montgomery Mall in North Wales is among nearly 100 Sears and Kmart locations nationwide that will shutter soon after the…
In a move that aims to fill the hole left in the retail market when Babies R Us shuttered, J.C. Penney will soon carry…
Bob Hart, General Manager of the King of Prussia Mall, speaks with MONTCO Today about his West Virginia roots, moving around frequently when he was…
Over half a century since parting ways, malls have started courting grocery stores again to help fill the vacant space left behind by other retail…
Forgot your password?
Lost your password? Please enter your email address. You will receive mail with link to set new password.
Back to login
