General Growth Properties Inc. entered into a definitive agreement with certain affiliates of Pershing Square Capital Management L.P. to acquire a 14.1 percent interest in Aliansce Shopping Centers S.A., a Brazilian shopping center developer...
Average cap rates on transactions involving U.S. retail properties hit a four-year low in the second quarter, at 7.48 percent, according to just released research from CBRE’s valuation group. The figure represents a 37 basis points decrease...
When Wal-Mart launched its 12,000-sq.-ft. to 15,000-sq.-ft. Express format last year, the smaller stores were supposed to serve as Wal-Mart’s ticket into the urban markets the retailer found so difficult to crack in the past. Yet with the closing...
Edens sold a portfolio of five grocery-anchored shopping centers in northern and central Florida totaling 333,615 sq. ft. of space to H&R REIT for $55.5 million...
In spite of landlords reporting improving leasing conditions in the retail sector, the number of announced store closings in the first half of this year increased almost 34 percent compared to the first half of 2011, to a total of 2,329...
HFF arranged a $58.7 million loan on behalf of an affiliate of AVR Realty Company LLC for a 510,092-sq.-ft. portion of The Forum at Olympia Parkway, a power retail center in Selma, Texas. Northwest Mutual provided funding for the loan, which...
Asia Pacific is one of the few bright spots for retail expansion in a still recovering global economy. Yet gaining access to those high growth markets is no easy task...
