This year marks the first of the oncoming “wave of CMBS maturities” for vintage 10-year loans originated from 2005 to 2007. More than $300 billion in loans are due to mature over the next three years...
Struggling toy retailer Toys“R”Us Inc. appears to be shaking up its bricks-and-mortar strategy, adding play spaces to its stores and reportedly shuttering its iconic Times Square location.
The Wayne, N.J.-based co...
The clock continues to wind down on the deadline for The Macerich Co. to either accept or reject Simon Property Group Inc.’s best and final offer to acquire all outstanding shares of Macerich for $95.50. The...
Private buyers have taken over the retail net lease market, representing the majority of deals closed in 2014. Private investors accounted for 60 percent of the net lease market last year, a significant increase over...
JP Morgan Chase’s announcement that it plans to shutter roughly 300 branches by the end of 2016 was enough to make the commercial real estate world sit up and take notice. The nation’s largest bank is looking to cut ...
Sears Holdings announced it is moving forward with a plan to spin off 200 to 300 stores into a REIT. The Hoffman Estates, Ill.-based company, which operates Sears and K-mart stores, says the formation of the REIT will...
As health care becomes more patient-focused, many providers have moved into retail space to become more accessible and convenient. But property owners who expect to backfill empty massive big boxes with health care...
Target Corp.’s decision to exit the Canadian market leaves 133 stores dark, and experts say finding tenants to backfill the 15 million sq. ft. of vacant big-box space will be difficult.
“The average Target store in ...
Before regional malls, grocery-anchored strips and outlet centers, there was street retail. Nearly every city, regardless of size, had a shopping district, maybe just one street or perhaps an entire neighborhood...
On Feb. 4, women’s clothing retailer Cache filed for Chapter 11. Through the bankruptcy, the chain plans to renegotiate leases and close a portion of its 218 stores. Cache’s announcement is the latest in a...
