Reinventing Retail
When Yorktown Shopping Center opened in 1968 in the Chicago suburb of Lombard, the enclosed regional mall spanned 1.3 million sq. ft. and ranked as the largest retail mecca in America....
Mall Makeover
With the Puget Sound area economy outperforming the rest of the nation, Westfield America is taking steps to reposition its Westfield Southcenter mall to capture a larger market share....
Keen On Consolidation
Economists and real estate experts are warning retail landlords to prepare for buffeting winds. A slowdown in consumer spending that is all but certain will curtail demand for retail space...
Is Mills Corp. Grinding to a Halt?
The retirement of Larry Siegel as CEO of Mills Corp. helps pave the way for a sale of the company, but terms of his departure may exasperate investors...
Retailers Rush to Wall Street
Since Audrey Hepburn frolicked in the 1961 movie Breakfast at Tiffany's, the upscale jeweler has had only one Manhattan location. That is about to change....
JV Picks Up European Retail Portfolio For Nearly $1 Billion
A joint venture between Apollo Real Estate Advisors and Rida Development Corp. has acquired a 7 million sq. ft. Polish shopping center portfolio for roughly...
Food and Drug Retailers Prune Their Portfolios
The recent spate of store closings announced by Eckerd and Winn-Dixie promises to leave shopping center owners scrambling for tenants again. A total of...
Equity One Buys Florida Shopping Center for $21.98 Million
Equity One, a shopping center REIT, has purchased the Medical & Merchants at San Pablo Shopping Center in Jacksonville, Fla., for $21.98 million. Anchors...
MINNEAPOLIS MIXED-USE PROJECT MAXIMIZES ITS NATURAL ATTRACTIONS
The Ryan Cos. U.S. Inc. has broken ground on a 273-acre mixed-use project outside of Minneapolis. The project, Dean Lakes, will be finished by the spring...
Time Warner Center Opens Retail, Restaurant Portions
The retail and restaurant components of the $1.7 billion Time Warner Center were unveiled to the public yesterday morning during a ribbon-cutting ceremony....
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