General Growth Properties, which is set to exit bankruptcy within the next two weeks, appears to have found a new CEO to helm the reorganized company. The REIT is said to have reached a preliminary agreement with Sandeep Mathrani, currently an...
The big news overnight was the announcement that Judge Allan Gropper of the U.S. Bankruptcy Court for the Southern District of New York confirmed General Growth's plan of reorganization. It will emerge on November 8 with most of its debt...
Aeropostale is making a big splash today opening a new global flagship store. At nearly 20,000 square feet, it's twice the size of the firm's previous largest location. ...
There has been a flurry of analysis in the past couple months about Financial Accounting Standards 13 (FAS 13), proposed new lease accounting standards from the U.S. Financial Accounting Standards Board and the International Accounting Standards...
Simon Property Group unveiled an iPhone app for its centers this week. The app is available through the iTunes app store and is compatible with iPhones, iPads and iPod Touch devices. It is supposed to integrate with user's Facebook, Twitter and...
The Urban Land Institute's Fall Meeting last week in Washington D.C. was a compelling show to attend. I went to a ton of sessions during the show spanning a wide range of topics. I shared some of my thoughts on the blog last week in addition to...
I attended an interesting retail panel at the ULI Fall Meeting. It explored how entertainment, experiences, landscaping and design can make a big difference in the current economic environment. Panelists talked about how consumers want more than...
I'll have more insights and observations from the show soon, including some thoughts on a session on social media and commercial real estate that I moderated this morning. In addition, keep tabs on our Twitter feed. I'll continue posting comments...
This is news landlords have been eagerly waiting for: New York-based research firm Reis Inc. just reported that the vacancy rate for U.S. malls fell for the first time in three years in the third quarter, to 8.8 percent from 9.0 percent the...