Urban Retail Wins Leasing Assignment From Coventry
Coventry Real Estate Advisors awarded Urban Retail Properties LLC the contract to provide leasing services for 39 assets across the country. ...
Regency Centers' Palmer Absorbs Painful Lessons in Strategy
For Lisa Palmer, senior vice president of capital markets at Jacksonville, Fla.-based shopping center owner Regency Centers, the most difficult moments over the past few years have been those involving employee cutbacks. "Unfortunately, over the last 18 months...
New York Leasing Dealmaker Foresees Best Month Ever
As a retail leasing specialist in New York City, Karen Bellantoni, executive vice president at brokerage Robert K. Futterman & Associates, is at the top...
Regional Mall Owners Experiment with Supermarkets
The next step in the evolution of regional malls is actually a blast from the past as supermarkets — a staple in the early days of the sector — are making their return....
Cole Real Estate Investments Organizes Two IPOs
Cole Real Estate Investments, a sponsor of non-traded REITs, filed two registration statements with the Securities and Exchange Commission: one for Cole Advisor Retail Income REIT and the other for Cole Advisor Corporate Income REIT....
Distressed Retail Centers Are Not a Mess, Says JLL’s Maloney
Over the past two years, Jones Lang LaSalle Retail, a giant in the third-party management business, has encountered a wide range of distressed assets. ...
Barnes & Noble: Dear Shareholders
Barnes & Noble’s board of directors has sent an interesting letter to shareholders, urging them to vote against a “precatory shareholder proposal” submitted by investor Ron Burkle’s Yucaipa Companies. ...
Property Owners Use Strategic Default as Bargaining Tool
As an increasing number of commercial property owners face upcoming debt maturities, more of them have started to use threats of strategic default as a bargaining tool in negotiations with lenders....
Westfield Reaches Deal to Bring Costco to Three Markets
The Westfield Group and Costco Wholesale Corp. reached an agreement for the addition of Costco stores at Westfield centers in three U.S. markets: Los Angeles, Sarasota, Fla., and Wheaton, Md....
Colliers Attempts to Crack Big-Box Dilemma
Closures by big-box tenants have hurt the retail real estate industry over the past few years. But has the problem been even more dramatic than previously thought?...
Clean Bill of Health for Regional Mall REITs in Second Quarter
Fundamentals continued to improve for regional mall REITs during the second quarter of 2010, leading analysts to conclude that the sector had largely shaken off the aftereffects of the recession....
Cedar/RioCan Joint Venture Buys Seven Centers from PREIT in $200 Million Deal
Cedar Shopping Centers Inc. and RioCan Real Estate Investment Trust, through an existing joint venture, have entered into a definitive purchase agreement to purchase seven properties for $200 million from PREIT....
Morton's on its Way to Uptown Dallas
It’s not every day, these days at least, that you see a high-end steak restaurant opening (aren’t they all struggling?). But that’s exactly what’s happening in an area north of downtown Dallas called “Uptown.”...
Flagstar Bank Sells Foreclosed Georgia Retail Center
Flagstar Bank has sold a foreclosed retail center in Alpharetta, Ga., near Atlanta, for $4 million. Northlight Investment Partners paid $93 per sq. ft. for the center, Ellard Mercantile Exchange. ...
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