Cleveland-based Developers Diversified Realty on Monday provided updates on first quarter sales activity. During the quarter, the company closed the sale of five former Mervyns locations to Kohl's. The net sales proceeds were used to repay debt...
It’s been a slow few months in the world of real estate lending. For example, Steven J. Lurie, partner in the real estate practice group of Greenberg Glusker, a Los Angeles-based law firm, has handled only one retail financing since Sept. 15, whe...
The prolonged economic slowdown is creating brutal conditions for owners of malls and shopping centers. Recent projections from market research firms signal vacancies will be near record highs for 2009 and 2010. Meanwhile, landlords faced with...
The prolonged economic slowdown is creating brutal conditions for owners of malls and shopping centers. Recent projections from market research firms signal vacancies will be near record highs for 2009 and 2010. Meanwhile, landlords faced with...
Sam Chandan, formerly the chief economist at Reis Inc., has launched a new research venture -- Real Estate Economics to analyze the economy, monetary and fiscal policy developments, the regulatory environment and commercial real estate debt market...
New York-based real estate investment banking firm Savills LLC represented a joint venture between JP Morgan Investment Management and Centro Properties in the $40.7 million sale of the 260,000-square-foot New London Shopping Center in New London...
When the founding fathers were trying to decide on a site for the federal capital, they eventually opted for one that took advantage of the Potomac River—at the time a major conduit of trade and a center of early American culture. Since then, it ...
The retail landscape of Northern Virginia’s Tysons Corner area is slated for a major overhaul as county planners work to transform the region from a textbook example of sprawl into a greener, more livable outpost in the suburbs of the nation’s...
By all accounts, 2009 is shaping up to be a brutal year for retail real estate. With massive job cuts across a multitude of industries (unemployment reached 7.2 percent in December, up from 4.9 percent a year earlier) and consumer spending down...
