Bargain Hunters Keep Outlet Malls Humming
Despite a 1.6% drop in retail sales in February the biggest monthly plunge since November 2001 business is thriving at outlet centers. Chelsea Property...
Federated to redevelop Roosevelt Field anchor spot
Federated Department Stores, Inc. plans to redevelop the former Stern's store at Roosevelt Field in Garden City, N.Y., into a Bloomingdale's Furniture...
CCIM reports record retail investment sales at close of 2002
A record one quarter of all commercial property sales in the fourth quarter of 2002 were for retail properties, reports CCIM/Landauer Investment Trends...
PREIT buys six malls, will exit multifamily sector
Pennsylvania Real Estate Investment Trust (PREIT) is seizing control of the Philadelphia retail market and selling off its multifamily properties. The...
Crown's Jewel
Crown Realty & Development has established a track record of tackling complex projects. The privately held firm based in Irvine, Calif., is on the verge...
Aggressive Growth Strategy
Gregory Maloney took over the reins as president of the Jones Lang LaSalle retail group March 1, succeeding Robert F. Welanetz, who will remain with the...
Taubman shareholders wouldn’t go all the way on Valentine’s Day, but Simon is still in hot pursuit
Valentine’s Day was semi-sweet for Simon Property Group and Westfield America. The two REITs announced today that more than 44 million of Taubman Centers’...
Forest City, Westfield to develop San Francisco retail venue
Forest City Enterprises, the developer of the 835 Market Street project in downtown San Francisco, and Westfield America, the owner of the San Francisco...
Slow Progress at Destiny USA
The developer of Destiny USA, a proposed $2.2 billion retail and entertainment center in Syracuse, N.Y., says that the project is on track to open in...
Court shoots down Simon's case to buy Taubman
The Taubman family may soon be the last holdout in the battle to keep Taubman Centers out of the hands of Simon Property Group. Earlier in the week, the...
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