Reasons to Read

The Coresight Research team visited the Prudential Center, a mall owned by Boston Properties, and Copley Place, a mall owned by Simon Property Group, which are connected via a sky bridge, in Boston, Massachusetts. We examine what these two centers are doing to successfully integrate office, residential and retail elements under a single roof.

Data in this report are:

• Occupancy rates at Prudential Center and Copley Place
• Average occupancy rates for Boston Properties, Brookfield Properties, Macerich and Simon Property Group (estimated)

Companies mentioned in this report include: Aéropostale, Boston Properties, Brooks Brothers, Eddie Bauer and Simon Property Group

Other relevant research:

• How US Malls Can Embrace Digital Trends in Retail
• Mixed-Use Real Estate—London’s Battersea Power Station Renewed with Retail Relevance
• Market Outlook: US Retail REITs—Real Estate Adapts to the Post-Pandemic Environment
• Renaissance of the US Shopping Center: An Analysis of American Dream, Columbus Circle, Hudson Yards and Tysons Corner Center