Blockbuster revealed this week that it will reject 150 leases, in addition to the 220 it had already canceled, according to The Street. The company was previously facing threats of eviction from some of its landlords because it was late on rents...
The streak of private equity firms going after retailers continues, with Leonard Green & Partners signing a confidentiality agreement with BJ's Wholesale Club, according to Supermarket News. ...
Last night, Grubb & Ellis announced it hired a financial advisor in JPM Securities to explore strategic alternatives, including a possible sale of the company, Bloomberg reports. According to company chairman Michael Kojaian, Grubb & Ellis...
In the past few months, retailing giant Walmart has come under scrutiny for lackluster sales, with some experts claiming that its era of dominance in the U.S. market was over. Walmart is apparently aware of the problem and is taking steps to fix...
Landlords anxious to know whether their centers will be affected by the Borders reorganization will have to wait a little...
Now that Sandeep Mathrani has assumed the post as GGP's new CEO, he plans to further clean out the REIT's portfolio. Mathrani...
As commercial real estate values recover, wealthy individual investors are following institutional capital in chasing real...