On a Monday morning in July, something new greeted New York City commuters. In the space of one weekend, 12 Dunkin' Donuts stores and one Dunkin' cart had turned into new locations for the Canadian chain best known for its homemade doughnuts, Tim...
(Each month, Site Optimizer discusses industry trends—most importantly, leasing issues—with experts in the retail real estate industry in our Tenant's Perspective interviews.) ...
In today's climate, it's hard to find a firm that can brag about growing. But SRC, an Orange, Calif.-based provider of geographic business intelligence, says that in 2008 it posted a 20 percent year-over-year increase in total revenue. Part of...
One of the big challenges facing the retail real estate sector is that with so few investment sales getting done there is little confidence that the prices paid reflect true property values or cap rates...
Later this year, Seafood City, a California-based supermarket chain specializing in Asian cuisine, will open a new store in Concord, near San Francisco's Bay Area. In its new location, Seafood City will benefit from high visibility on Diamond Bou...
With just a bit more than half the year gone, REITs have raised more money through common stock offerings than at any other time in the past nine years, according to data from SNL Financial. As of early July, the industry had raised nearly $14.5...
RaceTrac Petroleum Inc., which owns and operates 530 gasoline and convenience stores in 12 states, has tapped CB Richard Ellis's Global Corporate Services unit to exclusively manage a sale/leaseback program for the company...
Two new phrases have entered the commercial real estate industry lexicon in recent months: "Pretend and extend" and "A rolling loan gathers no loss." Both witticisms describe an ongoing phenomenon in commercial real estate finance: as the level of...
For the third straight year Little Rock, Ark.–based VCC topped both the shell and interior space rankings as part of our annual look at the top contractors of retail real estate. The company completed 16 million square feet of shell space in 2008...
Cedar Shopping Centers, Inc. (NYSE: CDR) announced that it completed the sale of a 10,125-square-foot retail property in Westfield, N.Y. leased to CVS for $1.6 million. Cedar had acquired the site in 2005 as part of a 25-property portfolio from...
