Global sales on commercial real estate dropped 60 percent, according to Real Capital Analytics. The firm’s February issue of Global Capital Trends breaks down the grisly details. Overall, $82.8 billion in retail properties changed hands around the...
A subsidiary of Cleveland-based Forest City Enterprises, Inc. (NYSE: FCE.A) secured a $161.9 million refinancing from Gramercy Capital Corp. and certain co-lenders on a key loan associated with the company's Atlantic Yards project in Brooklyn, N.Y...
The recession and slowdown in consumer spending has hit every corner of the retail sector—including temporary tenants. Operators of kiosks that hawked everything from discounted sunglasses and jewelry to toys and cell phone accessories have disap...
Each month, will discuss industry trends—most importantly, leasing issues—with a retail executive. In our first installment, we speak with Larry Sidoti, vice president of development with long-time mall stalwart Mrs. Fields Original Cookies Inc...
Each month, Site Optimizer will look at a different piece of technology meant to help retailers and landlords select sites or maximize the operations at an existing location. In the first article, Site Optimizer look at TARGUSInfo...
There’s no doubt about it – it’s tough out there for apparel retailers. Faced with a stagnant economy and a brutal slowdown in consumer spending, most have sharply cut back expansion plans to save cash. But not every firm is waiting for the...
With the recession appearing to worsen and consumer spending grinding to a near-halt, retailers continued to struggle in February. The month began with clothing company Chico’s FAS Inc. announcing the elimination of 180 positions. The Fort Myers...
Despite the challenging marketplace, regional mall REITs posted a respectable performance in the fourth quarter of 2008. With more than half of the seven REITs reporting so far, two beat analysts’ consensus estimates and two missed; primarily due...
Marcus & Millichap Real Estate Investment Services has published its annual look at the top and bottom retail markets in the country. Nearly every market the company covers saw a rise in vacancies last year. Only San Francisco and New York...
