MBJ_Nov10_2017

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INSIDE — Mississippi’s October Incorporations — Pages 16-21 NEWSMAKERS

www.msbusiness.com

Mississippi Delta Heritage Initiative recognized — More on pages 21-22

November 10, 2017 • Vo. 39. No. 45 • 24 pages

Leasing agents say Northpark will undergo $50 million redo

MBJ FOCUS

Pacific Retail Partners of El Segundo, Calif., bought the mall in September 2016.

Insurance & Employee Benefits {Section begins P14}

» Escape rooms can be more than entertainment when used for team building » Health spending a priority for local businesses

{The List P13-14} » Third Party Administrators

ECONOMIC DEVELOPMENT {P4}

» 9-screen movie house doesn’t make cut at District at Eastover, but food hall will

JACK WEATHERLY/MBJ

By JACK WEATHERLY jack.weatherly@msbusiness.com The official plans have not been made public, but leasing agents are reaching out in advance of what they say is a $50 million upgrade of Northpark Mall in Ridgeland. Brooks Corr of Retail Specialists LLC

of Birmingham told the Mississippi Business Journal on Tuesday that work on the 958,000-square foot mall on County Line Road will begin in the first quarter. Najla Kayyem of Pacific Retail Partners of El Segundo, Calif. said the $50 million figure is not correct but did not say how far off it is, adding that the company is “pretty close” to

making an announcement. Pacific Retail bought the mall built in 1984 from Simon Properties in September 2016. Kayyem said in June that Pacific Retail would reveal its plans in July. Northpark, which last underwent a major renovation in 1998, has lost prestige tenants

See NORTHPARK, Page 2

http://msbusiness.com/events/50-leading-business-women/


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