23 results for “Simon Property Group”
Retail N Illinois

Von Maur department store plans to open seventh location in Illinois

Von Maur Department Store announced plans to open a 130,000-square-foot store at Orland Square in Orland Park, Illinois. Scheduled to open fall 2019, the store will be the company's seventh location in Illinois. The remodel of the two-level Von Maur store will feature the company's signature open floor plan and contemporary residential ambi…

Retail N Illinois

Anchors away: Are these malls in danger?

| Matt Baker

Ever since the mid to late 20th Century when modern malls were first developed, anchor tenants have controlled much about how these retail centers operate. Leveraging the foot traffic that they draw in, for example, anchors have historically enjoyed nominal rents that are a fraction of the per-square-footage rate that smaller, in-line tenants pay.