Cole Real Estate Investmentsacquired two shopping centers in Florida. The Forum in Ft. Myers, was acquired for $34.25 million, and Santa Rosa Commons in Pace, was purchased for $25.45 million. The announcement was made by Scott Holmes, vice...
The time may have come for Wal-Mart Stores Inc., the ultimate big-box retailer, to shift its focus from superstores to smaller convenience stores in its effort to drive U.S. growth.
Today, the retailer remains in command of the U.S. retail marke...
The CMBS market had been having a pretty good year in 2011. CMBS issuance in the first seven months of 2011 amounted to $20.8 billion—the best stretch since the securitization market dried up in late 2007. The delinquency picture also showed imp...
Florida’s retail real estate market continues its upward climb, but the progress has been slow and uneven—and will likely remain so until Florida experiences an improvement in its employment outlook...
One indicator that Florida still trails the recovery in the national retail real estate market is the fact that investors there continue to show preference for class-A grocery-anchored shopping centers, while across the country they’ve moved on...
GA Keen Realty Advisors, a division of Great American Group Inc., has been appointed as marketing and disposition agent for 22 leased retail properties and two warehouses formerly operated by Pierre Deux, a French furniture chain. Pierre Deux...
The threat of an imminent rise in interest and capitalization rates abated Tuesday, courtesy of the Federal Reserve’s plan to suppress short-term interest rates for the next two years. The measure helps to stabilize the economic outlook, but...
A lot of attention has been paid to Standard & Poor’s historic decision to downgrade the United States’ credit rating on Friday and the potential implications of the move. But the ratings change was just the latest in a series of troubling econom...