CB Richard Ellis announced today the completion of its acquisition of Insignia Financial Group, marking one of the biggest mergers in commercial real estate in recent history. It is no secret that CB Richard Ellis'...
In the next few weeks, U.S. grocery chains will begin renegotiating key labor union contracts. Albertson's, Kroger and Safeway are expected to get tough with the UFCW, attempting to drive down costs to compete with...
The Lightstone Group LLC, a private New Jersey-based real estate company, has entered into an agreement to buy Baltimore-based Prime Retail for $638 million, including $115 million cash to be paid to share and unit...
Simon Property Group is buying San Jose, Calif.'s Stanford Shopping Center for $333 million. According to Deutche Bank Securities, that equates to $256 per square foot for 1.3 million square foot leasehold interest...
SuperValu will soon be the owner of troubled Chicago grocery chain Dominick's, according to this weekend's Crain's Chicago Business, which cited unnamed insiders as sources. The sale is expected to close at the end of...
Under the terms of the agreement, Kimco will acquire all of the outstanding shares of MART for $21.00 per share in cash in a transaction in which MART will merge into a Kimco subsidiary. The transaction has a total...
Security Capital Group, a unit of GE Capital, is taking advantage of high retail REIT stock prices and unloading its 55 percent stake in Jacksonville, Fla.-based Regency Centers. Prudential Financial pegs the 34.3...
Michigan leaders are coming to the aid of hometown REIT Taubman Centers in its efforts to fend off a hostile takeover bid from Simon Property Group and Westfield America. Thanks to support from the state government...
General Growth Properties, Inc. announced agreements to acquire a 100 percent interest in both Saint Louis Galleria in St. Louis, MO, and Coronado Center in Albuquerque, NM, from two different institutional owners...
