China is notorious for the proliferation of counterfeit goods and services. But a new shopping center in Nanjing takes that to a new level. The entire property is populated with fakes, including a McDnoald's burger joint, a Bucksstar Coffee shop...
The final numbers are in, and 2008 was the worst holiday shopping season in a generation, marking an ignoble finish to a dismal year for retail. That has proved to be enough to send some weakened retailers over the brink in 2009. Already by our...
Sperry Van Ness negotiated the sale of Voice Road Plaza, a 131,850-square-foot community shopping center in Carle Place, N.Y., for $36.2 million. The seller, a New York City-based hedge fund, bought the property in December 2006, with the...
In an industry that has been flooded with an avalanche of bad news in the past 12 months, including sales declines, store closings and stalled or scrapped projects, the outlet center sector has proven to be one of the few bright spots.
For most ...
Real Capital Analytics has initiated a program to identify distressed and potentially troubled assets. The company has identified $106 billion in potentially troubled assets. Of that, about one quarter, $25.7 billion encompassing more than 1,000...
Cohen and Co., Inc. Real Estate negotiated the sale of Ormond Towne Square, a 234,045-square-foot shopping center in Ormond Beach, Fla., from Developers Diversified Realty to the Jaffe Corp. for $20 million. The property, located at the...
