Over the past two years, Jones Lang LaSalle Retail, a giant in the third-party management business, has encountered a wide range of distressed assets. From April 2009 to April 2010, its U.S. retail portfolio under management rose from 57.8 million...
Glimcher Realty Trust has agreed to purchase the land for all three phases of its Scottsdale Quarter development project in Scottsdale, Ariz., from affiliates of existing joint venture partners, Wolff Co. and Vanguard City Home, for approximately ...
Century 21, a high-end discount department store, has signed a lease with Millenium Partners for a 61,000-square-foot space on Broadway and 66 Street in New York City. This will be Century 21’s second location in Manhattan and sixth location...
Proposed new accounting standards have been drafted in order to push lease liabilities back onto corporate balance sheets. Such a change would represent a major shift for companies that have typically favored the off-balance-sheet treatment of...
