Chicago Mall To Be Redeveloped 

Nov 21, 2003, From staff and wire reports

An obsolete two-level enclosed mall in Chicago will soon be transformed into a 594,000 sq. ft. shopping center, thanks to a $65 million redevelopment...

Inland Gobbles Up Southeastern Centers 

Nov 5, 2003, From staff and wire reports

Inland Retail Real Estate Trust has bought five grocery-anchored shopping centers located throughout Florida and Georgia. The aggregate price for the...

Sun Shines on Florida's Grocery-Anchored Sector 

Nov 1, 2003, Hortense Leon

Investors' love affair with grocery-anchored centers in Florida isn't fading in spite of rapid price escalation, usually the harbinger of an imminent...

Retail, Office Loan Delinquencies Rise in the Third Quarter 

Oct 28, 2003, From staff and wire reports

Retail loan delinquencies increased sharply between the end of the second and third quarters, reports Fitch Ratings. There were $175 million more retail...

Inland Buys Atlanta Area Mall for $172 Million 

Oct 8, 2003, From staff and wire reports

Inland Retail Real Estate Trust Inc. has bought Atlanta’s Fayette Pavilion for $172 million, or roughly $122 per sq. ft. The deal marks Atlanta’s biggest...

Pennsylvania Mall Sells for $20M 

Oct 6, 2003, From staff and wire reports

An 840,000 sq. ft. shopping mall in Harrisburg, Pa., has changed hands. Feldman Equities and joint venture partner Lubert-Adler Partners bought the Harrisburg...

Southern California Mall Sells for Upwards of $40M 

Oct 6, 2003, From staff and wire reports

A 160,000 sq. ft. Los Angeles-area mall has traded for more than $43 million. The two-story Glendale Marketplace was bought by Southern California investor...

Madison Marquette Acquires Bayfair Mall 

Oct 1, 2003, From staff and wire reports

Madison Marquette has purchased the 46-year-old Bayfair Mall, an 820,000 sq. ft. regional shopping center in San Leandro, Calif., approximately 20 miles...

L.A.'S ARCO PLAZA GETS A FACELIFT 

Oct 1, 2003

Thomas Properties Group is planning major changes at Arco Plaza in downtown Los Angeles. The developer plans to redevelop the public spaces of the 2.7...

High Tensions Over Portland High-Rise 

Oct 1, 2003, John McCloud

One of the last options for Oregon's largest city to create the kind of vibrant environment enjoyed by residents of New York, Paris and other cities is...

Major Northeast Mall Focus of Heated Bidding 

Sep 22, 2003, From staff and wire reports

The 1.2 million sq. ft. Maine Mall — one of the hottest retail properties on the market nationwide — is being pursued by a host of retail REITs. According...

Macerich Picks Up California Mall for $128.5M 

Sep 17, 2003

The Macerich Co. has acquired the 973,000 sq. ft. Northridge Mall in Salinas, Calif., for $128.5 million. The super regional mall — the only enclosed...

Centcom Grabs $32M Texas Retail Portfolio 

Sep 17, 2003

Centcom Realty corp. with a group of private investors has purchased a retail portfolio of six neighborhood retail centers in West Texas. Valued at more...

Westfield Posts Strong Earnings 

Sep 2, 2003, From staff and wire reports

Shopping mall manager Westfield Holdings Ltd. has reported that fiscal 2003 net profit increased 23%. The company, owned by Australian businessman Frank...

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