The Department of Commerce's monthly tally of retail sales shows a 0.3 percent gain in January over December. Year-over-year sales are up 7.8 percent from January 2010. ...
After all the news surrounding Borders' efforts to secure financing recently, I spent the past week scanning through the news reports every morning all but certain there would be an announcement of a bankruptcy filing. So far, that hasn't happened...
We reported in our January/February issue how the increasing competition for CMBS deals among Wall Street firms was leading to a loosening of underwriting standards. ...
This weekend went down fairly quietly, without too much news emerging about retail real estate. The news reports that did emerge, however, were disheartening. The Wall Street Journal reported that banks still haven't worked through the piles of...
Atlas Park--a troubled lifestyle center in Queens--was snapped up for $53.7 million in a foreclosure auction. The winning entity was WMAP LLC and it has now been revealed that the entity includes regional mall REIT Macerich as well as Walton...
Same-store sales came in surprisingly strong in January, rising year-over-year by just under 5.0 percent. The results surprised experts, especially because of the blast of big snowstorms in the Northeast and Southeast during the month. ...
While most retail real estate insiders feel the worst of the downturn may be over for the industry, one notable contrarian claims we might be in the midst of it. In an interview yesterday, retail consultant Howard Davidowitz pointed to the...
The potential of a Borders bankruptcy filing has been generating a lot of buzz in the retail real estate industry in the past few weeks. The book retailer has clearly been struggling and many landlords might be bracing themselves for store closing...