Primestor Development broke ground for Phase II of Plaza Del Sol in South El Monte, Calif. When completed, the project will contain 168,291 sq. ft. of retail space. Opening is scheduled for winter of 2009...
Linens 'n Things retail stores disappeared from shopping centers coast to coast after the chain went bankrupt and liquidated its stock, but the familiar brand is about to be revived after a joint venture bought the name for $1 million...
Real estate owners, fasten your seat belts. In its first quarter 2009 “Korpacz Real Estate Investor Survey” PricewaterhouseCoopers notes survey participants, who represent a cross section of institutional equity real estate investors, have...
William Ackman has had a rough go of it with some of his investments — particularly a $2 billion bet on Target Corp. that's lost 90 percent of its value. In March, the activist investor made a bid to get seats on two boards — those of Target and...
The Commerce Department's figures for February came in better than expected. Sales fell 0.1 percent from February-less than what analysts had predicted. January sales, which had been reported as rising 1.0 percent, were revised upward to a 1.8...
Aliso Commons Corner, LLC sold a 13,386-square-foot retail property occupied by Walgreens located within the 700,000-square-foot Aliso Viejo Town Center in Aliso Viejo, Calif., for $8.9 million to Zamindari Real Estate Investment Two, LLC. Faris...
