Wiston Retail Group and Music City USA are developing the 600,000-square-foot Sumner Point Lifestyle Center in Hendersonville, Tenn. Besides offices, residences and a hotel, the center also will provide 300,000 square feet of retail including an...
The chief accountant of the Securities and Exchange Commission threw a curve ball at retailers and restaurants, forcing several to change the way they account for real estate leases, and resulting in a flurry of accounting reviews and restatements...
Union Traders Corp. wants to turn recently acquired New York broker Garrick-Aug Worldwide into a truly global company with one-stop shopping for all a client's leasing and financing needs...
Shopping center owners in the Northeast are coping with slow population growth and a regional economy that is not keeping pace with other parts of the country, said Sperry Van Ness in a recent listing of sellers' and buyers' markets. But there is...
“Perhaps we should call them ‘alls,’ not ‘malls,’” suggested Michael McCarty, president of the community centers division of Indianapolis-based Simon Property Group. With the overwhelming trend toward hybridization of shopping centers, he said...
On a recent visit to Hong Kong's Times Square with my family, they had no idea it was a vertical mall until I told them. My parents and sister had been on the two basement levels for an hour before I mentioned there was more upstairs. In fact...
The opening of a new Ikea in London in February was marred by a riot that left five people hurt, including one who was stabbed. The riot broke out when 6,000 bargain hunters showed up for the store's midnight opening. The store shut down after 30...