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Simon Property Group purchases 50% stake in Fashion Valley Mall
New York – Locally based Lend Lease Real Estate Investments, on behalf of its Prime Property Fund, recently sold a 50% stake in San Diego's Fashion Valley
Kmart announces executive promotions
Troy, Mich. – Locally based Kmart Corp. recently promoted Barbara Firment to the position of VP advertising and in-store event marketing and Rick Noechel
Mid-Atlantic Realty Trust purchases Pennsylvania shopping center
Lutherville, Md. – Locally based Mid-Atlantic Realty Trust (MART) recently purchased the Pottstown Plaza Shopping Center located roughly 25 miles northwest
Chelsea Property Group raises $75 million in sale of common stock
Roseland, N.J. – Locally based Chelsea Property Group Inc. recently sold 1,750,000 primary shares of common stock at $45 per share. Net proceeds of $74.6
Albertson's names Kathy Herbert to head HR
Boise, Idaho – Locally based Albertson's Inc. recently named Kathy Herbert as EVP - Human Resources, reporting directly to Larry Johnston, chairman and
Phar-Mor to close 65 stores
Youngstown, Ohio – Locally based Phar-Mor Inc. filed a motion with the U.S. Bankruptcy Court in the Northern District of Ohio on September 24, 2001 to
Taubman opens The Mall at Wellington Green
Bloomfield Hills, Mich. – The Mall at Wellington Green, a development of locally based Taubman Centers Inc., recently opened in the Village of Wellington,
Desert Passage open for business despite Aladdin reorganization
Las Vegas – Desert Passage, a shopping and dining destination within the Aladdin Resort & Casino, will continue to be open for business as usual despite
Wal-Mart names new VP of pharmacy operations
Bentonville, Ark. – Locally based Wal-Mart Stores Inc. recently named Ronald Chomiuk as VP, pharmacy operations.Chomiuk most recently served as SVP of
Wal-Mart announces expansion plans
Bentonville, Ark. – Locally based Wal-Mart Stores Inc. plans to continue its aggressive unit growth for the fiscal year beginning February 1, 2002. Domestically,
Ramco-Gershenson Properties Trust acquires West Acres Commons shopping center
Southfield, Mich. – Locally based Ramco-Gershenson Properties Trust recently acquired West Acres Commons located in Flint Township, Mich. as part of a
Phar-Mor files for bankruptcy
Youngstown, Ohio – Phar-Mor Inc., the locally based drug store chain, will shutter 65 of its 139 stores as it restructures under Chapter 11. The retailer
Michigan Attorney General notifies gas stations of price gouging violations
Lansing, Mich. – Attorney General Jennifer Granholm recently notified 33 Michigan gas stations of violations of the Michigan Consumer Protection Act in
Index ranks states according to small business climates
Washington, D.C. – The locally based Small Business Survival Committee (SBSC) recently released its sixth annual rankings of the states according to their
Pan Pacific Retail acquires four shopping centers
San Diego – Locally based Pan Pacific Retail Properties Inc. recently acquired four shopping centers on the West Coast for $39.3 million.Combined, the
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