The transaction collateral is a single, non-recourse, first lien mortgage loan secured by the borrower's fee simple interest in 533,772 sf of the Christiana Mall, a 1.3 million sf superregional
mall located in Newark, Delaware, approximately 10 miles southwest of the Wilmington CBD, 40 miles southwest of the Philadelphia CBD.
As well as funding, the report calls for much greater devolution of powers including spending decisions, and the creation of four new "superregional
" economic development agencies.
This would further reduce delivery, he continued, by splitting the cost between retailers and build what he called a superregional
convenience strategy that could capture stomach share.
"The Route 1 corridor throughout Mercer and Middlesex counties is one of the premier, superregional
retail markets throughout the tri-state area," said Galbally.
Regional Mall Concentration: Two loans (19%) within the top five are secured by superregional
malls: Miracle Mile Shops (11.8%) and Oglethorpe Mall (7.3%).
The panel can be viewed online on the (https://superregional.net/presentations) SuperRegional
John Fisher College women's softball team didn't experience the storybook ending it sought, losing two games to Ithaca College in a best-of-three superregional
over the weekend.
Smaller neighborhood and district malls will continue to post higher vacancy rates than 'regional' and 'superregional
' malls, according to Bondoc.
Fortune magazine named US Bancorp the world's most admired superregional
bank today, the seventh consecutive year that it has topped the list, the company said.
All three cities have officially participated in superregional
malls had 13.6% annualized returns compared with 12.2% returns for regional malls.