The CLICC Awards recognized Liberty Square among more than 100 projects. #NewsismyBusiness
Several local malls are slated to welcome new tenants, which call for redevelopments and redesigns to accommodate new services and trends. #NewsismyBusiness
The company will add 14 new charging stations across the island, pushing its network to 30. #NewsismyBusiness
The $550 million sale of nine shopping centers formerly owned by Retail Value Inc. has brought Developers Diversified PR back to the island 15 years after first establishing operations. That transaction, which closed in August 2021, has also meant the return of developer Scott Wolstein, who will oversee the portfolio, whose performance — he believes […]
The Puerto Rican Association of Shopping Centers issued a statement regarding the government’s new Executive Order 2020-062, saying that while “thankful” that it did not call for a full shutdown of the economy, it anticipated that the new restrictions will “have an effect on the sales of small and medium-sized businesses, many of which are […]
The Puerto Rican Shopping Centers Association called on its 46 member malls to continue to be “very strict” about enforcing protocols to prevent COVID-19 contagion following a spike in cases. “In recent days the Health Department has reported a significant increase in the number of infections,” said Adolfo “Tito” González, presidente of the trade group […]
Three weeks after opening their doors following the COVID-19 lockdown, shopping centers say the industry is ready to resume regular operations starting July 1. In a statement, the Puerto Rico Shopping Centers Association said they want the governmentto allow them to go back to operating without limiting the customer traffic, open valet parking and the […]
The Puerto Rico Association of Shopping Centers said following a “successful” first week of reopening after a nearly three-month shutdown, they are “ready for the next phase,” and asked Gov. Wanda Vázquez to allow them to return to regular operating hours. “We’re proud of the result of the reopening, since it was carried out in […]
Mall operator Kimco Realty Corp. said Tuesday recovery efforts are underway at its seven Puerto Rico assets in the wake of Hurricane María.
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., 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.
The International Council of Shopping Centers is gearing up to host its 4th annual regional convention in Puerto Rico in February 2014, with an agenda of presentations that seek, among other objectives, to lay out opportunities for local retailers to export their goods and services, event organizers told this media outlet in an interview Monday.
Puerto Rico has more than 100 shopping malls, which generate about 20 percent more sales per square foot than their counterparts on the U.S. mainland.
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.
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