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Mason Asset Management
Namdar Realty Group is an American shopping mall investment company based in Great Neck, New York. They primarily purchase shopping malls with partner Mason Asset Management. Namdar and Mason are both family owned, and as of 2021, own over 400 properties including 100 plus malls. Strategy Namdar and Mason primarily purchase malls for low prices, with various problems, but do not invest in improving them. The deals for these malls are done in cash. Most malls they purchase are in markets considered B and C grade. Because of this low price/maintenance, they have a high return on investment. Namdar's primary source of investment capital comes from bonds on the Tel Aviv Stock Exchange. Namdar and Mason often charge lower rent to keep mall vacancies low. They will also split proprieties to sell off individual pieces. The companies also work with Uber Capital Group LLC and Gorjian Acquisitions to acquire properties. CH Capital Group has become a partner in several acquisitions. Histo ...
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Great Neck, New York
Great Neck is a region on Long Island, New York, that covers a peninsula on the North Shore (Long Island), North Shore and includes nine villages, among them Great Neck (village), New York, Great Neck, Great Neck Estates, New York, Great Neck Estates, Great Neck Plaza, New York, Great Neck Plaza, Kings Point, New York, Kings Point, and Russell Gardens, and a number of unincorporated areas, as well as an area south of the peninsula near Lake Success, New York, Lake Success and the border territory of Queens. The incorporated village of Great Neck had a population of 9,989 at the 2010 United States Census, 2010 census, while the larger Great Neck area comprises a residential community of some 40,000 people in nine villages and Hamlet (New York), hamlets in the town of North Hempstead, New York, North Hempstead, of which Great Neck is the northwestern quadrant. Great Neck has five ZIP Codes (11020–11024), which are united by Great Neck Park District, a park district, one library di ...
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Cedar Falls, Iowa
Cedar Falls is a city in Black Hawk County, Iowa, United States. As of the 2020 census, the city population was 40,713. It is home to the University of Northern Iowa, a public university. History Cedar Falls was first settled in March 1845 by brothers-in-law William Sturgis and Erasmus D. Adams. Initially, the city was named Sturgis Falls. The city was called Sturgis Falls until it was merged with Cedar City (another city on the other side of the Cedar River), creating Cedar Falls. The city's founders are honored each year with a week long community-wide celebration named in their honor – the Sturgis Falls Celebration. Because of the availability of water power, Cedar Falls developed as a milling and industrial center prior to the Civil War. The establishment of the Civil War Soldiers' Orphans Home in Cedar Falls changed the direction in which the city developed when, following the war, it became the first building on the campus of the Iowa State Normal School (now the Uni ...
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The Citadel (mall)
The Citadel Mall is one of the two enclosed shopping malls of Colorado Springs. History Construction on the Citadel Mall began in 1970, and it opened on March 1, 1972, anchored by a JCPenney and Denver Dry Goods store, and included a two screen movie theater. The original mall consisted of 2 levels and 594,800 square feet of leasable space. By 1980, The Rouse Company owned the mall. In 1984, the mall was expanded westward with a two level extension which included a third anchor store, May-Daniels & Fisher aka May D&F, and the creation of a two level food court. The mall's last expansion occurred in 1995 with the opening of a three level Dillard's at the end of the western extension. In 1997, it was sold to The Macerich Company, a company based in California. In January 2007, the mall was sold to Midwest Mall Properties, a private investor group, which retained Macerich as management company. Although many stores surround the actual mall, the entire campus is located at the int ...
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Colorado Springs, Colorado
Colorado Springs is a home rule municipality in, and the county seat of, El Paso County, Colorado, United States. It is the largest city in El Paso County, with a population of 478,961 at the 2020 United States Census, a 15.02% increase since 2010. Colorado Springs is the second-most populous city and the most extensive city in the state of Colorado, and the 40th-most populous city in the United States. It is the principal city of the Colorado Springs metropolitan area and the second-most prominent city of the Front Range Urban Corridor. It is located in east-central Colorado, on Fountain Creek, south of Denver. At the city stands over above sea level. Colorado Springs is near the base of Pikes Peak, which rises above sea level on the eastern edge of the Southern Rocky Mountains. History The Ute, Arapaho and Cheyenne peoples were the first recorded inhabiting the area which would become Colorado Springs. Part of the territory included in the United States' 1803 Lo ...
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Chapel Hills Mall
Chapel Hills Mall is an enclosed shopping mall located in Colorado Springs, Colorado, United States, with of gross leasable area. The anchor stores are AMC Theatres, Dick's Sporting Goods, Dillard's, H&M, and Macy's. There are two vacant anchor stores that Burlington and Gordmans occupied before closing. History 1980s Initial development of the Chapel Hills Mall began in the mid-1970s, with the mall project receiving approval from the board of county commissioners in August 1974. General Growth Properties (GGP) spearheaded development. GGP also developed Colorado Springs' other enclosed mall, The Citadel. Construction on the mall began in late 1979 and finished by mid-1982. The mall officially opened on August 4, 1982, although Sears and the six-screen movie theater adjoined to the mall had opened a couple of months prior. Original anchors to the mall were Sears, H.J. Wilson's Catalog Showrooms, Kmart, and Fashion Bar. In March 1985, A 135,000 square foot expansion opened, ...
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Tracy, California
Tracy is the second most populated city in San Joaquin County, California, San Joaquin County, California, United States. The population was 93,000 at the 2020 United States Census, 2020 census. Tracy is located inside a geographic triangle formed by Interstate 205 (California), Interstate 205 on the north side of the city, Interstate 5 in California, Interstate 5 to the east, and Interstate 580 (California), Interstate 580 to the southwest. History Until the 1760s, the area that is now the city of Tracy was long populated by the Yokuts, Yokuts ethnic group of loosely associated bands of Native Americans and their ancestors. They lived on hunting and gathering foods, game and fish from the area, including its local rivers and creeks. After encountering the Spanish colonists, the Yokuts suffered from new infectious diseases, which caused social disruption, as did the Spanish efforts to impress them for labor at missions, specifically Mission San José (California), Mission San Jo ...
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West Valley Mall
West Valley Mall is a mall in Tracy, California that opened in 1995. It is owned and operated by Namdar Realty Group and is located directly off Highway 205. The mall is anchored by Target, Macy's, and a Cinemark Movie Theater. The mall is located north and next to both Grant Line Road and Interstate 205 which connects with nearby interstates 580 and 5. The shopping center is adjacent to the former Naglee Park and Ride Lot, a transit hub for local Tracer and regional SMART bus services. On December 20, 2013, a shooting was reported at the West Valley Mall near the Eastern entrance. No injuries were reported from the incident, and the accused shooter was apprehended shortly after the shooting. History West Valley Mall opened its doors in 1995 with two anchor stores - a 101,000 square-foot Gottschalks department store and a 97,000 square-foot Target store. A 14-screen Cinemark cinema opened in 1996, along with a 50,000 square-foot JCPenney department store that had relocated f ...
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Clovis, California
Clovis is a city in Fresno County, California, United States. The 2020 population was 120,124. Clovis is located northeast of downtown Fresno, at an elevation of 361 feet (110 m). History The city of Clovis began as a freight stop along the San Joaquin Valley Railroad. Organized on January 15, 1890, by Fresno businessmen Thomas E. Hughes, Fulton Berry, Gilbert R. Osmun, H.D. Colson, John D. Gray, and William M. Williams, in partnership with Michigan railroad speculator Marcus Pollasky, the SJVRR began construction in Fresno on July 4, 1891, and reached the farmlands of Clovis M. Cole and George Owen by October of that year. The railroad purchased right-of-way from both farmers, half from each – the east side from Cole and the west side from Owen – and ran tracks up the borderline between the two properties. The railroad agreed to establish a station on the west side of the tracks and to call it "Clovis." The Clovis station, which was named after Clovis Cole, was positioned ...
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Sierra Vista Mall
Sierra Vista Mall is an enclosed shopping mall in Clovis, California. Opened in 1988, the mall features Kohl's, and Target, plus a go-kart track, indoor Laser Tag park, and 16-screen movie theater. Two empty anchors were formerly occupied by Sears (closed April 18, 2021), and United Artists Theaters (closed December 14, 2006). History Sierra Vista Mall was built in 1988 by the Hahn Company. While early plans called for both May Co. and Macy's stores, the original anchor stores were Mervyn's, Gottschalks, and Target. The mall was sold to Citicorp in 1995 and again to LandValue in 2002. A Sears was added in 1999 along with 10 other stores. In 2006, an outdoor lifestyle center section was added, including several restaurants and a 16-screen movie theater. Both Mervyn's and Gottschalks closed when the chains declared bankruptcy, in 2008 and 2009 respectively. causing a decrease in mall foot traffic. The Gottschalks store was intended to reopen in 2010 as a flagship for a failed revi ...
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Citrus Heights, California
Citrus Heights is a city in Sacramento County, California. As of the 2020 U.S. Census, the city had a population of 87,583, up from 83,301 at the 2010 U.S. Census. History Citrus Heights voters approved the measure to incorporate the City on November 5, 1996, effective January 1, 1997. The measure won, with 62.5% of the votes. The city incorporated on January 2, 1997 (January 1 according to the official city website), becoming the fifth city in Sacramento County. Geography According to the United States Census Bureau, the city has a total area of , all land. Climate Citrus Heights has a climate that is characterized by mild winters and dry hotter summers. The area usually has a low humidity and the average temperature throughout the year is 68 Fahrenheit, with the daily average ranging from 45° in December and January to 76° in July. Average daily high temperatures range from 53° in December and January to 93° in July. Average daily low temperatures range from 38° to 58 ...
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Sunrise Mall (Citrus Heights, California)
Sunrise Mall is a single-level regional shopping mall located at the intersection of Sunrise Boulevard and Greenback Lane in Citrus Heights, California, United States in the Sacramento metropolitan area. It is one of the area’s largest and most successful enclosed super regional shopping centers. The mall is the centerpiece of the Sunrise MarketPlace shopping district in Citrus Heights. Sunrise Mall is accessible from I-80 or Highway 50 from most locations in the greater Sacramento area. The anchor stores are 2 Macy's stores and JCPenney. There is 1 vacant anchor store that was once Sears. History Sunrise Mall was constructed in 1971 by The Hahn Company and was originally anchored by J. C. Penney, Liberty House, Sears, and Weinstock's. Liberty House shuttered operations in 1984 and a Macy's (the current Women's store, which serves as their main store) opened in its place shortly thereafter, moving some of its operations from Birdcage Walk (now the Marketplace at Birdcage), ...
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Fayetteville, Arkansas
Fayetteville () is the second-largest city in Arkansas, the county seat of Washington County, and the biggest city in Northwest Arkansas. The city is on the outskirts of the Boston Mountains, deep within the Ozarks. Known as Washington until 1829, the city was named after Fayetteville, Tennessee, from which many of the settlers had come. It was incorporated on November 3, 1836, and was rechartered in 1867. The three-county Northwest Arkansas Metropolitan Statistical Area is ranked 102nd in terms of population in the United States with 560,709 in 2021 according to the United States Census Bureau. The city had a population of 95,230 in 2021. Fayetteville is home to the University of Arkansas, the state's flagship university. When classes are in session, thousands of students on campus change up the pace of the city. Thousands of Arkansas Razorbacks alumni and fans travel to Fayetteville to attend football, basketball, and baseball games. The city of Fayetteville is collo ...
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