Ramco-Gershenson Properties Trust closed a $360 million unsecured credit facility, including a $240 million revolving line of credit and a $120 million term loan. The revolving line of credit is for a four-year term and carries a one-year...
In a twist on the newly popular retail incubator programs, Jones Lang LaSalle Retail is running an incubator geared toward pint-sized entrepreneurs at 18 of its centers this summer...
In spite of predictions to the contrary, average cap rates for net leased retail properties compressed another 25 basis points from the first to the second quarter of 2012, according to a new report from The Boulder Group, a Northbrook, Ill...
HFF arranged a $27.5 million refinancing on behalf of Retail Properties of America Inc. for Northgate North, a 303,255-sq.-ft. shopping center in Seattle. ING Investment Management LLC provided the loan, which features a 15-year term and a fixed...
Triple Five Worldwide signed an agreement with DreamWorks Animation SKG Inc. to open the first North American theme park to exclusively feature DreamWorks characters at the American Dream at Meadowlands complex in East Rutherford, N.J. DreamWorks...
As opportunities for store growth in the U.S. have dwindled, many retailers have set their sights overseas. But the latest headlines featuring teen apparel retailer Abercrombie & Fitch prove that in today’s precarious environment, even that...
Talmage LLC, a special servicer, modified and restructured the $291 million Cadillac Mills portfolio loan. Simon Property Group and Farallon Capital Management bought the 2.8-million-sq.-ft. portfolio as part of the Mills Corp. acquisition in...
The City of Lauderdale Lakes Community Redevelopment Agency gave Trammell Crow Co. a five-year exclusive option agreement to serve as the master developer for the 22-acre Commerce Park project in Lauderdale Lakes, Fla. The site can accommodate up...
Real estate investors surveyed by PwC US for its second quarter 2012 report expect that weak consumer spending and large vacancy overhang will continue to hamper recovery in the retail sector...
An affiliate of North American Development Group (NADG) acquired Lakewood Shopping Center, a 236,679-sq.-ft. property in Margate, Fla., from a wholly owned subsidiary of Inland American Real Estate Trust Inc. for $31.5 million...
