In these heady investment times, buyers are flocking from sellers' markets-particularly grocery-anchored neighborhood centers-to more sanely priced power centers. The recent $86 million sale by North American Properties of Atlanta metro area power...
"I’m taking this job on with mixed emotions," says Pat Donahue from his cell phone during a visit to several of Donahue Schriber’s properties in southern California. The Costa Mesa, Calif.-based developer, which was founded by Dan Donahue and...
How is U.S. retail supposed to recover if Mother Nature won't cooperate? Retailers had just finished dressing windows with pre-spring merchandise this weekend when Winter Storm 2003 blew in, virtually shutting down Washington, Philadelphia and New...
CB Richard Ellis today announced it has entered into a definitive agreement to acquire Insignia Financial Group, Inc. for $11 per share of common stock in cash, plus the potential for incremental consideration. Upon completion, the transaction...
Valentine’s Day was semi-sweet for Simon Property Group and Westfield America. The two REITs announced today that more than 44 million of Taubman Centers’ outstanding shares were tendered into their $20-per-share, all-cash offer this past Friday...
The Mills Corp.’s Meadowlands Xanadu proposal was selected by the New Jersey Sports & Exposition Authority, providing the Xanadu team with the exclusive right to negotiate a developer’s agreement for the development of a $1.3 billion family...
This Friday is not only Valentine’s Day. It is D-day for the Simon/Westfield bid to take over Taubman Centers. Simon has announced that it will abort the takeover by midnight if less than two-thirds of Taubman common stock shareholders have...
Media conglomerate Cablevision announced it is exiting the consumer electronics retail business. By the end of second quarter 2003, the company will close its 17 remaining The Wiz stores in New York, New Jersey and Connecticut, unless a buyer...
