Where do we go from here? That was the question on many people's minds during the tumultuous two-week period in mid-September that took the credit crisis to a harrowing new level. In quick succession, the federal takeovers of Freddie Mac and...
Tri-land Properties, Inc. began construction on the redevelopment of Cherokee South Plaza, a 118,000-sq.-ft. neighborhood shopping center in Overland Park, Kan. The $23 million redevelopment will include the demolition of one building, the...
Build-A-Bear Workshop Inc. announced plans to close its friends 2B made concept, a line of make-your-own doll stores that the company had been operating since 2006...
As the credit markets remain frozen, the avalanche of bad news surrounding investment banking giants Lehman Brothers and Merrill Lynch and insurance provider AIG is causing a state of panic in the commercial real estate industry...
It's gut-check time. It's time to admit that this financial crisis has now exceeded anything we've seen since the Great Depression. This is worse than the Russian default crisis in 1998. It's worse than the savings and loan meltdown in the 1980s...
In late August both Indianapolis-based Simon Property Group and Sydney-based Westfield Group divulged they had taken out significant stakes in Liberty International plc, which owns more than 12 million square feet of retail space in the United...
General Growth Properties, the owner of the second-largest portfolio of regional malls in the U.S., said in late September that it is pursuing “strategic alternatives.” The company has well-publicized debt issues. In negotiations with lenders, it...
Correction: Gap has not posted losses for 15 straight quarters. It has posted five straight quarters of profits. It has posted 15 quarters of same-store sales declines. Further, while sources did mention Gap as a bankruptcy candidate, company off...
Retail Traffic: What effects do you think the Lehman Brothers bankruptcy, the sale of Merrill Lynch and the nationalization of AIG will have on commercial real estate...
