The new Army Experience Center, which opens Friday at the Franklin Mills Mall, is not exactly a store, although it is trying to sell something - the military life. Staffed by soldiers eager to share their experiences and stocked with high-tech...
While Simon Property Group struggles to fill vacancies in its malls in the U.S., it may be looking to Britain to boost its retail property portfolio. On Tuesday, U.S. real estate investor Simon Property Group (nyse: SPG - news - people ) upped...
In separate forecasts presented this month, economists in Georgia and Texas expressed dour expectations for national job growth in the coming year. Because commercial real estate depends on employment growth to drive the demand for space, the...
In the quarter ended August 4, Sears earnings dropped to $65 million, or 50 cents a diluted share, down from the year-ago quarter's $173 million, or $1.15 a share. Per-share results benefited from a 15 percent decline in the number of diluted...
Delinquencies on CMBS have risen, but the increase is not nearly enough to account for the market's weakness. Moody's delinquency tracker, which follows delinquencies in excess of 60 days on loans backing U.S. CMBS transactions over the past 10...
In a 2-1 decision, the Ninth U.S. Circuit Court of Appeals in San Francisco overturned restrictions on picketing imposed by a company that manages shopping centers in Santa Cruz and Sacramento. The decision follows a California Supreme Court...
Although Southern California mall owners say they are generally faring better than many of their counterparts in other parts of the country, they're feeling the pinch and looking for ways to lure shoppers back. "If you are complacent you are...
I just linked to S&P's latest numbers (through May) from earlier this week. Today, Moody's has reported their latest (through June) and it shows a bit bleaker picture. ...