Posts Tagged ‘Metrocenter’

Mall owner blindsided by Sears closing

by Ted Carter Published: January 8,2012

Tags: Metrocenter, sears, Sears closing, Shervin Mateen

Metrocenter owner Shervin Mateen hardly expected the news he received a couple days after Christmas — the mall’s original and last remaining anchor would be shutting its doors for good. “It’s very shocking,” he said in light of the improving sales mall merchants had been reporting this holiday season compared to previous years. “Sales were [...] [...]

Metrocenter awaits new vision

by Ted Carter Published: January 8,2012

Tags: 34-year-old mall, Commercial Real Estate, Metrocenter, U.S. Highway 80

On one hand, Nina Holbrook sees the departure of Sears as “one of the biggest hits Metrocenter has ever had.” But then she switches her perspective from U.S. Highway 80 corridor advocate to commercial real estate professional. With that comes the idea that big things could be in store for the 34-year-old mall. “It’s a [...] [...]

Watkins sees mixed-use, ‘up-scale-discount’ as best bet for Metrocenter

by Ted Carter Published: December 12,2010

Tags: Jason Goree, Metrocenter, Watkins Development

Jason Goree, vice president of Jackson’s Watkins Development, says hundreds of thousands of dollars of research has led the developer to conclude Metrocenter can have a prosperous new life. But not totally as a retail complex, he adds. Offices, residences, lodging, entertainment venues, neighborhood gathering spots should also be considered for the mix, Goree said. [...] [...]

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