National firms might take malls in different directions

From: Indianapolis Business Journal | Date: January 13, 1997| Author: Ellison, Evelyn | Copyright information

Two national retail management giants have jumped into Indianapolis' shopping mall melee.

But their presence probably won't produce casualties of competition, one local real estate expert said.

Philadelphia-based Rubin Organization Inc. took the reins at Glendale shopping center in early January. That change came just two months after Chicago-based Urban Retail Properties Co. began managing The Fashion Mall at Keystone at the Crossing.

"I don't see them hurting each other...

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National firms might take malls in different directions
Indianapolis Business Journal ; Two national retail management giants have jumped into Indianapolis' shopping mall melee. But their presence probably won ... think the two management companies coming in at the same time is purely coincidental." Both northeast-side malls can be successful because they serve different markets, Perlstein said ... .