Sport Chalet to Anchor LA’s FIGat7th
Jun 11, 2012
Sport Chalet Inc. signed a lease with Brookfield Office Properties for a 26,800-sq.-ft. anchor store at FIGat7th in Los Angeles...
Net Lease Investors Begin Looking at Class-B Assets
Net Lease Investors Begin Looking at Class-B Assets
Jun 06, 2012
The amount of retail assets for sale in the net lease market continues to rise, as owners of lower-grade properties attempt to capitalize on strong investor demand. In addition to new construction Walgreens and McDonald’s, brokers are starting to...
Westwood Sells Arizona Center for $46.5M
Jun 04, 2012
Westwood Financial Corp. sold Sonora Village, a 248,322-sq.-ft. shopping center in Scottsdale, Ariz., for $46.5 million...
Lime Fresh Mexican Grill Chooses Comras Co. as its Leasing Agent in South Florida
Jun 01, 2012
Lime Fresh Mexican Grill appointed Comras Co. as its exclusive leasing agent for South Florida. The company plans to open approximately 200 new locations throughout eastern United States. Lime Fresh Mexican Grill will explore multiple footprints...
Too Much, Too Soon Proves an Error for JC Penney
Too Much, Too Soon Proves an Error for JC Penney
May 31, 2012
Ron Johnson and team might have had the right idea in trying to shake up JC Penney’s image in the minds of consumers, but they attempted to change too much at once and are now paying the price, retail consultants say...
CBL Buys Dakota Square Mall for $91.5M
May 29, 2012
The Lightstone Group sold Dakota Square Mall, a 623,000-sq.-ft. single-level enclosed regional mall in Minot, N.D., to CBL & Associates Properties Inc. for approximately $91.5 million...
RECon 2012: A Return to Normalcy
May 24, 2012
It’s been a slog to get here. But by all accounts, ICSC’s RECon 2012 marked the first time since the commercial real estate market peaked in 2007 that the conference felt like it did during the boom years. There was optimism. There were full halls...
Development Won’t Pick Up For At Least Two Years, RECon Attendees Predict
May 22, 2012
It might not be what retail professionals were hoping to hear going into this year’s RECon, but the pace of new development is not likely to pick up speed until 2014...
Retailers, Developers Seek to Exchange Best Practices as Globalization Ramps Up
May 22, 2012
With the largest retail real estate developers and retailers having saturated home markets, there is an increasing drive across the globe to invest outside firms' home markets. But doing so brings along with it challenges as companies have to...
Retail Industry Is Optimistic, But Still Wary
May 22, 2012
Cautious optimism is the predominant mood at the 2012 ICSC RECon, underway at the Las Vegas Convention Center...
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