
Kate King
Reporter at The Wall Street Journal
Covering business and economic development in New York City and the tri-state for @WSJ
Articles
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2 days ago |
wsj.com | Kate King
Shopping-center owner Sandy Sigal groaned when he found out that the bankrupt home-goods retailer Big Lots BIGGQ 50.00%increase; green up pointing triangle was closing its location at his Whittier, Calif., strip center. He knew it wouldn’t be easy to replace Big Lots, which had attracted shoppers from the surrounding neighborhoods to the property. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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1 month ago |
roselawgroupreporter.com | Kate King
By Kate King | Wall Street JournalNearly every real-estate developer is steering clear of building new retail real estate these days. Not Joshua Simon. The 39-year-old Scottsdale, Ariz.-based real-estate investor has built 2.6 million square feet of ground-up retail since 2018, including the largest shopping center developed in the Western half of the U.S. over the past seven years.
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1 month ago |
wsj.com | Kate King
Real-estate developer Joshua Simon is building 1.5 million square feet of retail space despite the high cost of construction and low returns. Simon focuses on promising locations with affordable land, growing populations, and local incentives to make his projects profitable. Simon's experience and knowledge give him an advantage as retailer demand for new store space increases. Nearly every real-estate developer is steering clear of building new retail real estate these days. Not Joshua Simon.
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1 month ago |
wsj.com | Kate King
Forever 21's bankruptcy will result in the closure of approximately 350 U.S. stores, providing opportunities for mall owners to attract stronger retailers and increase rental income. Despite challenges faced by the mall industry, high-end malls are experiencing strong occupancy and rising rents, while leasing activity is improving in second-tier properties.
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1 month ago |
wsj.com | Kate King
By | Photographs by Ben Cleeton for WSJ Your browser does not support the audio tag. 00:00 / 01:41This article is in your queue. Dick’s Sporting Goods Executive Chairman Ed Stack scanned his chain’s newest concept, a megastore in Victor, N.Y., called House of Sport. It offered more than the usual tennis rackets and football jerseys for sale. The store boasted a rock-climbing wall in one corner, golf simulators in another and an outdoor running track and turf field.
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