Retail: Will Consumers Keep Spending?
Retail real estate executives say that their business is set for a year of rising rents and stable occupancy rates, after rents fell by 1% and vacancies...
Forecast 2003
As 2002 limps across the finish line, the men and women who run the commercial real estate industry are looking to the Middle East for hints of what 2003...
Acadia picks up 1 million sq. ft. center in Delaware
Long Island, N.Y,-based Acadia Realty Trust is expected to acquire a major open-air retail complex in Wilmington, Del. The 1 million sq. ft. Brandywine...
Report: Chicago retail remains strong
Low interest rates and stable rents have fueled a steady increase in Chicago’s retail property values, says a recently released report from Encino, Calif.-based...
Consolidation Watch: Pan Pacific to buy Center Trust
Pan Pacific Retail Properties has announced that it plans to purchase rival Center Trust, which would make it the largest West Coast public neighborhood...
Moody’s changes outlook ratings for Simon, Taubman
Moody’s has lowered its ratings of Simon Property Group following the Indianapolis, Ind.-based REIT’s unsuccessful bid yesterday to buy Taubman Centers...
Taubman deflects unsolicited offer from Simon Property Group
Taubman Centers Inc. has rebuffed an unsolicited cash offer from Indianapolis, Ind.-based Simon Property Group to purchase the Bloomfield, Mich.-based...
Galleria strip center sold
Chicago-based RREEF has acquired Galleria North, a 94,000 sq. ft. upscale shopping center at the northwest corner of Alpha and Noel roads in Dallas. The...
Chicago's State Street Fights Retail Blues
The effort to revive State Street, the famous shopping district in the Windy City that includes such venerable institutions as department store Marshall...
A New Frontier
U.S. retailers and developers are augmenting aggressive expansion efforts at home with growth strategies overseas. The goal: boost revenues and shareholder...
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