Mall Makeovers
Once a thriving regional mall in the suburbs of St. Louis, by early 2009 Crestwood Court was overwhelmed by dark corners and wings. Dillard's, one of...
Investors Rope Apartment Deals
For two years, the Dallas apartment market for investment sales was as dry as the bones of a longhorn on the Texas desert. But broker Will Balthrope knew...
Detroit: Challenging the Naysayers
While there is no denying that metro Detroit remains in a deep economic slump, the degree to which lenders, investors and even retailers have shunned the Southeast Michigan market can’t be justified, say some local commercial real estate professionals ...
General Growth’s Reorganization Plan Seen as a Rebuke to Simon
Any hopes that Simon Property Group executives had that they could force a quick resolution to the General Growth saga have been doused now that the Chicago-based REIT has shown it is not going to be pushed over without a fight. ...
Simon Offers $10B for General Growth
Simon Property Group Inc. dropped a bombshell in announcing this morning that it has made a $10 billion offer to acquire General Growth Properties Inc....
Retail Tenants Appeal for Rent Relief
Across the country, thousands of battered retailers emerging from the worst sales year on record are pleading with their landlords to throw them a lifeline...
Tsunami of Foreclosures In Doubt
With consumer sentiment flagging and job losses mounting, the road ahead isn’t getting any easier for the shopping center industry. ...
Tarnished Gold
The stretch of Madison Avenue starting at 57th Street and continuing through the upper 60s has not historically been associated with hard times. Yet the...
Ravenous for Bite-Size Retail
They're just mad about corned beef in Chicago. And hamburgers. And pizza and frozen yogurt. For the first time in years, as large-format retail development...
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....
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