Each month, Site Optimizer will discuss industry trends — most importantly, leasing issues—with experts in the retail real estate industry. This month, we spoke with Dan Porter, senior vice president of real estate and new store development at 7...
As the retail real estate industry struggles with a severe downturn, industry insiders have been repeating the comforting adage that challenging times can breed new opportunities. Some have been looking at combining their core business with more...
News that Developers Diversified Realty, one of the largest REITs in the retail sector, is considering using the Term Asset-Backed Securities Loan Facility (TALF) program to secure up to $600 million in loans might help the program gain popularity...
In the heady days of the boom, private equity takeovers of retailers became a regular occurrence. Between 2006 and 2007, there were 91 leveraged buyouts of retailers in the U.S., totaling more than $48 billion, according to Dealogic. But the...
When developers of mixed-use projects started adding hotels into the mix about five years ago, the idea seemed like a partnership made in heaven. Retail centers and hotels complement each other by generating new business and traffic.
Having a ho...
Apparel seller Syms Corp. and Vornado Realty Trust won the bankruptcy court auction for off-price retailer Filene’s Basement this week. Syms and Vornado agreed to pay $62.4 million in cash for the chain...
May's retail sales numbers might disappoint those who hoped the current downturn is nearing an end, industry experts say. Although the U.S. Department of Commerce reported a seasonally adjusted 0.5 percent preliminary increase in total retail...
May marked the first month that retailers reported same-store sales since Wal-Mart opted to stop reporting monthly numbers. Wal-Mart in recent years has often outperformed the competition and its weight in the index is such that a good or bad...
Prudential Mortgage Capital Co. closed a $103 million loan for a portfolio of properties owned by Weingarten Realty Investors (NYSE: WRI). The portfolio totals more than 881,000 square feet of space and includes properties constructed between 1966...
