Only 83,000 square feet of new neighborhood and community center space came online during the first quarter, the lowest level of new deliveries for any quarter since Reis began publishing quarterly data in 1999. The vacancy rate was at 10.9...
The vacancy rate at regional malls rose 40 basis points from 8.7 percent to 9.1 percent during the quarter. As a result, the vacancy rate surpassed the previous high of 9.0 percent posted in the second quarter of 2010. Asking rents fell 0.1...
ID & Design International’s mission was to design a one-of-a-kind 650,000-square-foot location for Lotte Department Stores in the Gwangbok Harbor Front District of Busan, South Korea. The scheme is meant to symbolize the flow of water and that...
General Growth Properties Inc. announced the refinancing of seven shopping malls representing $1.7 billion of new mortgages ($1.4 billion is GGP’s share)...
Savills US and Silverpeak Real Estate Partners, an investment advisory business, joined forced to create Savills Liberty Street Asset Management, an asset management company that will serve a global client base of investors with commercial real...
Ever since the outbreak of the financial crisis in 2008, cost control has been on the agenda for retail real estate firms. In the face of declining incomes and property values, companies have reduced head count, slashed budgets, and tried...
As Japan continues to struggle with the aftermath of the March 11 earthquake and tsunami, U.S. property owners may want to examine whether they are sufficiently prepared for disasters of that scale...
The world’s top retailers are scouting markets with high rates of growth and avoiding ones most likely to be hit by fiscal austerity packages according to the to the 2011 edition of How Global is the Business of Retail? by CB Richard Ellis Global...
Dubai climbed to the top of CBRE's annual list of the most targeted retail markets. Overall, 56 percent of the world's 300 top retailers have locations in the city--equaling London's figure...
A $20 million all-cash acquisition of a heavily vacant, partially redeveloped five-building, mixed-use complex in Hollywood, Calif. out of receivership shows just how much the commercial real estate market has progressed...
