Going into 2001, net lease finance firms were primed for a banner year. The net lease business had grown steadily for a long time, and with the economy slowing it seemed that corporate America would have no choice but to embrace net lease in a big...
Take the acquisition in late January of Houston-based CenterAmerica Property Trust by New York-based New Plan Excel Realty Trust. The $654 million deal added 92 community and neighborhood shopping centers to New Plan's portfolio. The publicly...
If the U.S. recession should worsen, don't feel too sorry for the Gulf States. Alabama, Louisiana and Mississippi are stable markets where the highs are not extremely high and the lows are not terribly low...
From UBS Warburg's Weekly Chain Store Sales Snapshot to Instinet's Redbook Retail Sales Average, economic indicators point to hard times for retailers. But for the outlet sector the news is somewhat less discouraging. When mainstream retailers'...