Retail
Retail Casualties Predicted to Rise
Don’t be surprised on a long drive to find a strip mall or two abandoned along the highway, flamboyant signs askew and the empty parking lot looking eerily reminiscent of the 1980s, when commercial foreclosures and savings and loan failures were rampant....
Retailers, Landlords Practice the 3 R's
While tenants restructure or seek early renewal of leases, shopping center owners look to retenant vacant space...
Parched Retail REITs Seek Relief
Companies are digging for hidden springs, cashing in assets and raising equity to pay looming debts...
GGP Struggles to Preserve Assets
Will market conditions force the bankrupt mall REIT to sell prime properties at steep discounts?...
Shopping Center Industry’s Pace of Decline Accelerates in First Quarter
The U.S. shopping center industry experienced rapid deterioration in real estate fundamentals during the first quarter, according to preliminary data released Tuesday by real estate research firm Reis....
Retail Tenants Team Up in Attempts to Win Concessions
In an attempt to win concessions from shopping center owners and managers, retail tenants at some properties across the country are bolstering their hand and banding together in united fronts with shared demands. ...
Shopping Center REIT Lives To Fight Another Day
Property owners with near-term debt maturities are being forced to find new ways to survive until capital markets begin to thaw...
Pre-emptive Surgery
As major retailers file for bankruptcy and vacate stores, a domino effect is taking hold across the country...
Retail Sales Rise, But Outlook Remains Painful For Retail Landlords
The 0.9% increase in retail sales in January won’t change the dismal outlook for the retail real estate sector in 2009, real estate economists say. ...
Michigan Retail Property Fetches $31 Million
Ashkenazy Acquisition Corp., a New York-based private real estate investor, has acquired the Northland Center, a 1.7 million sq. ft. enclosed mall in Southfield, Mich., for about $31 million. ...
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