Find in the news:
BY COUNTRY

Famous M&M's store in Times Square sells for $200 million



The retail real estate market is recovering, and investors are interested in premium properties again.
Famous M&M's store in Times Square sells for $200 million

A partnership between Paramount Group and an investment trust is expected to pay more than $190 million for the Manhattan retail space that houses M&M's World. The Wall Street Journal reported this, citing market sources. 

Sherwood Equities owns the building, but the space was up for sale in 2019, but buyers had no offers due to the pandemic. 

The famous M&M's World store opened in Times Square in 2006. The three-level retail space totals about 2,300 square feet. The lease for the retail space expires in 2036. 

Experts point out that the retail real estate market is recovering, and investors are again interested in premium properties. So, in September 2021, a building on Fifth Avenue, where Duane Reade and UGG are located, was sold for $190 million. In June, the Japanese clothing brand Uniqlo bought the building at 546 Broadway, where its flagship store has been located since 2006, for $160 million. 

The influx of tourists and office workers has breathed much-needed life into New York City's main shopping corridors. However, the intensity of shopper traffic in most locations still lags behind pre-recession levels. 

More about shopping malls in the USA



YESTERDAY, USA:
The 6,000-square-foot outlet is the brand's first full-size store in years.
YESTERDAY, USA:
McDonald's is going to roll out the new practice to its 13,460 restaurants in the United States.
DAY BEFORE YESTERDAY, USA:
The launch of the new set is the first McDonald's McNugget Buddy in more than 25 years.
DAY BEFORE YESTERDAY, Italy:
Primark will open in Turin, Livorno, Cosenza and Salerno.
Nov 29, 2023, Italy:
The interior of the bar reflects Milan's iconic symbols and modern elements.
Nov 29, 2023, USA:
Friend
and Follow
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Westfield Santa Anita ADDRESS: 400 S. Baldwin Ave. Arcadia, CA 91007
USA . Arcadia
Westfield Santa Anita
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us