Re: Simon refinances Penn Square Mall
I don't think there is really room for a play area, and Disney Store isn't that big of a draw and has lost it's appeal and exclusiveness years ago. You have to think about the demographics the malls cater to (just look at the overall tenant mix). Penn Sq. is the most exclusive mall in the state, and caters to the more upscale, yuppie crowd. Quail has realized to survive and compete, it has to be more family oriented, it also has more space than Penn thus has a family area.
|