After more than 40 years concentrated in multifamily, Pennsylvania Real Estate Investment Trust (PREIT) is changing its stripes. It is exiting the apartment business and, through a pending deal to buy six malls from...
After last year's boom, retail development in the Southwest is enduring the inevitable growing pains that follow the introduction of 20 million sq. ft. of new space. Easing the discomfort of rising vacancies and flat...
Forget Atlanta, Charlotte and Orlando — secondary markets are the new targets for retail development in the Southeast. Developers in the region's major markets are struggling to put the brakes on construction that is...
Slow tourist traffic may be Florida retailers' most pressing concern today. But bigger problems wait on the horizon for some players as the state's retail landscape grows crowded with super-regional malls, power...
Macerich Co. has signaled its intent to join the major leagues of mall developers with its May 30 announcement of a deal to pay $1.475 billion for a collection of properties owned by Westcor Realty...
It's big. It's green. Will it fly? The Pyramid Cos.' planned DestiNY USA, scheduled to open near Syracuse, N.Y., in the summer of 2004, has been billed as the world's largest green commercial endeavor...
IF THERE IS ONE THING that architects, planners and developers agree on at the beginning of the 21st Century, it's that the ideal form of commercial development mixes housing, office and retail in a lively community...
The graphics will be no less glitzy, the technology no less robust. But retail theming projects will be palpably different in 2002: developers, retailers and designers alike are determined to refocus on selling...
Given the events of Sept. 11 and the ensuing U.S.-sponsored war on global terrorism, the world's attention is now focused on the threat posed by violent, radical Islamists. Most Muslims, of course, roundly condemn...
THE VOTE is nearly unanimous: The slowdown in the U.S. economy has taken its inevitable toll on retail markets in the Southeast. However, no one's singing the blues. And in the Gulf Coast region, especially in...
