Cleveland-based Developers Diversified Realty (NYSE: DDR) and Atlanta-based JDN Realty Corp. (NYSE: JDN) have entered into a $1.02 billion merger agreement, based on Friday, Oct. 4 closing prices, $584 million in assumed debt and $50 million of...
New York-based Insignia/ESG has hired two pros formerly with Cleveland-based The Richard E. Jacobs Group, the nation’s largest privately held shopping center development and management firm, to head up its mall division. The move is seen as a...
Westfield America Trust (WFA) and British-based Prudential plc announced today that they have entered into a letter of intent for Westfield America to acquire a 50% interest in Fashion Square Sherman Oaks in Los Angeles, for $67 million from a U.S...
Before Frank Gehry was the Frank Gehry of titanium-clad, international repute, the Los Angeles architect was a master of things disposable...
“Easier, cheaper, faster, better.” Virtually every corporation is chanting the mantra and trying to remain relevant to clients, enhance existing business relationships and capture new markets. Simon Business Network™ (SBN) is walking the talk with...
REIT shares have been standout performers in a withering bear market. But among the REITs, retail issues are the break-away winners. According to the National Association of Real Estate Investment Trusts (NAREIT), equity REITs produced total...