Saks Fifth Avenue is allegedly lagging far behind in hurricane reconstruction efforts.
The mall operator saw rents rise, but restoration efforts in hurricane-ravaged Puerto Rico are ongoing.
Data on average sales per square foot and household income were listed for nine Taubman malls.
The one-two punch of Hurricanes Irma and Maria have devastated Puerto Rico.
Malls trying to reduce their dependance on department stores, are looking to other uses such as food and cars.
Lands & Buildings is still agitating for change within the mall operator’s management.
The mall operator managed to keep its preferred directors, but the activist isn’t giving up the fight just yet.
Brokers and shopping center executives looked for a silver lining at the conference.
The mall operator said Land & Buildings has “missed the mark” in an attempt to grab two board seats.
A raft of new art installations have been revealed to help dress the center as its $500 million makeover continues.