Federated Department Stores is conducting an experiment in Atlanta. According to a report in The Atlanta Journal-Constitution, the retail chain is closing seven Macy’s stores in the market, including anchor stores at...
Triple Net Properties LLC, on behalf of NNN Congress Center LLC, has purchased the 524,784 sq. ft. Congress Center for $136.1 million. The office building, located in Chicago’s West Loop submarket, will serve as...
Kmart announced today the specific 326 stores it will close as part of its Chapter 11 restructuring. The closings will hit 44 states, with California, Florida and Georgia being particularly hard hit. Orlando, Fla....
Taubman Centers is pushing back at Simon Property Group. Still in the process of fending off Simon’s hostile takeover attempt, Taubman announced this morning an agreement that could force Simon out of its joint...
Taubman Centers is pushing back at Simon Property Group. Still in the process of fending off Simon’s hostile takeover attempt, Taubman announced this morning an agreement that could force Simon out of its joint...
FAO Inc. announced today it is filing for reorganization under Chapter 11 protection. The chain, which includes FAO Schwarz, Zany Brainy and Right Start stores, previously announced plans to shutter between 75 and 80...
MetLife Inc. has sold the 530,000 sq. ft. 501 Boylston St. building in Boston to locally based Beacon Capital Partners LLC for a reported $130 million...
SVN Equities has acquired a 15-property, 1.9 million sq. ft. industrial portfolio in Grand Rapids, Mich., for $49 million, expanding its presence beyond the Western United States for the first time. The Irvine, Calif...
