Savvy Retailers Capitalize on Troubled Centers
As the retail real estate industry tries to work through a growing volume of troubled properties, one pressing issue owners and managers face is the attraction of new tenants. ...
Israeli Investor Saves Atlanta Mall from Foreclosure
Atlanta’s 45-year-old Greenbriar Mall is planning a renovation after an Israeli developer stepped in to purchase a majority interest in the mall as it faced foreclosure just a few months ago. ...
Big Apple Retail Market Ripens
A year ago, Manhattan real estate brokers faced a grim retail market. It was deathly quiet, says Eric Anton, executive managing director at Eastern Consolidated,...
Home Depot Halts Rapid Expansion
At the peak of the retail boom, before recession set in late in 2007, The Home Depot was opening about 200 home improvement stores per year, or roughly...
Turnaround Specialist StarPoint Properties Courts Small Banks
To help small banks and lending institutions avoid selling troubled loan notes or commercial real estate properties at fire-sale prices, Beverly Hills, Calif.-based StarPoint Properties has launched a new business division, StarPoint Asset Solutions. ...
Sites Wanted: Quiznos Developing 600 Stores Nationwide
In one of the first major retail announcements expected from the International Council of Shopping Centers (ICSC) convention in Las Vegas, Quiznos said it is looking for sites to develop 600 new corporate-owned restaurants....
RECon 2010 Sound Bites: From CMBS To Wasilla
The first two days of ReCon 2010, the annual convention of the shopping center industry, have produced some colorful quotes and sharp insights. ...
Retail Recovery Will Be Rocky, Edens & Avant CEO Predicts
Terry Brown could never be accused of being pollyannish about the health of the U.S shopping center industry....
Aloha, All-Cash Buyers! Retail Center in Hawaii Sells for $50 Million
Cash buyers such as Newport Beach-based Stoneridge Capital Partners are leading the charge among investors returning to the commercial real estate arena. ...
Home Depot Calls a Halt to Rapid Expansion
At the peak of the retail boom, before recession set in late in 2007, The Home Depot was opening about 200 home improvement stores per year, or roughly one store every 41 hours. Not anymore. ...
Mall REITs Like Glimcher Regain Thier Footing
In the depths of recession, after big-name retailers flipped off their lights for good, lenders everywhere warned landlords of the penalties for violating loan covenants. ...
Hines Sells Retail Condominiums in New York to German Investment Manager
GLL Real Estate Partners, an institutional real estate investment manager with operations throughout Europe as well as North and South America, has purchased 14,000 sq. ft. of retail condominiums in New York from Hines for an undisclosed sum....
Next Chapter in Retail's Recovery
Beleaguered by falling retail sales and consumer demand, retailers faced one of the most challenging years on record in 2009. The intensity of the recession...
Tri-Land Overcomes TIF Hurdles
Shopping center landlord Tri-Land Properties has pulled off two minor miracles over the past few years in its $22.4 million effort to rejuvenate Cherokee...
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