Mall operator DDR Corp. said all 12 of its Puerto Rico properties are now “clean and safe” and most anchor tenants are reopening as conditions allow.
DDR Corp., which manages 12 malls throughout Puerto Rico, said today its Plaza Palma Real shopping center in Humacao sustained the most damage, while the remaining properties were less affected by Hurricane María.
DDR Corp., which owns 12 shopping centers in Puerto Rico, announced the start of its "Say Present This Back-To-School” community effort that begins today to provide healthy snacks to 2,100 low-income children from public schools and areas of extreme poverty on the island.
Some 2,500 school supplies were delivered by DDR Puerto Rico to the Boys & Girls Club of Puerto Rico, an entity that provides services to children ages 6 to 18 years old for their academic leadership development and recreation.
DDR Corp., a company that owns several shopping malls throughout Puerto Rico, on Monday invited the public to join its community effort “Say Present on Back-to-School,” which seeks to donate school supplies to Boys & Girls Clubs of Puerto Rico.
DDR Puerto Rico is inviting nonprofit organizations to join its Community Day event as a part of the “Juntos por tu Comunidad” (“Together for your community”) program.
DDR Corp., owner and manager of 15 shopping centers in Puerto Rico, is inviting the general public to join its community effort, "This Back to School, Say Present,” which aims to collect and donate school supplies to several nonprofit organizations that need materials for school children under their care.
About 3,000 school supplies were delivered by DDR’s Puerto Rico shopping centers to six nonprofit organizations that provide services to children and youth of school age.
Mega-mall developer DDR Corp. announced Wednesday plans to expand its redevelopment program on the island from $50 million to $90 million, creating additional space at its four shopping centers. As a result, it will sign up new tenants, including the first Bath and Body Works store in Puerto Rico, to be located in Plaza del Sol in Bayamón.
Shopping center operators, such as DDR Corp., that manage a sizeable portfolio of malls are looking more toward remodeling existing properties rather than building new ones from scratch — a trend that will likely stick for the next two or three years, John Kokinchak, senior executive vice president of the company told News is my Business in a recent interview.
Walmart Puerto Rico is investing $11 million to add 30,000 square feet of new space to the Humacao store that anchors the eastern town’s Plaza Palma Real mall, company officials confirmed Wednesday. The remodeled store will be re-inaugurated Dec. 8.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA