One of the most amazing features of the 180,000-square-foot supermarket and food court at the Landmark Department Store in Manila is the fact that the ceiling heights average only 11 feet throughout the store. To prevent a claustrophobic feeling...
Faced with lower growth stateside, more and more U.S. REITs are looking overseas. On Aug. 13, Vornado Realty Trust, a New York City-based diversified REIT with a 30-million-square-foot U.S. retail portfolio, became the latest REIT to join that...
Callison masterfully repositioned the Royal Hawaiian Center from an old, dark, outdated center dominated by heavy concrete into an upscale lifestyle center bathed in light and featuring locally inspired design elements. The center's pedestrian...
Mancini•Duffy has come to be associated with Bloomingdale's and has won multiple SADI awards in the process for the firm's continually successful new stores and redevelopments. This year the company proved it also can do dining. After 32 years...
OWP/P's challenge was to reinvigorate the 27-year-old Les Quatre Temps center in Paris — at one time the largest retail center in Europe. In a project worth nearly $200 million, the renovation and expansion has given the center a coherent and...
Retail REITs have had a roller coaster 2008. Shares of companies in the sector have experienced massive volatility and many firms remain closer to 52-week lows than highs. At the same time, however, fundamentals remain robust. And many firms...
There are many pleasant open-air centers opening these days. What sets Field Paoli Architects' design of General Growth Properties' Otay Ranch Town Center apart is the attention to detail and the wholesale execution of a design strategy. Otay is ...
It's becoming apparent that for retail real estate investors, 2008 has been the year to “wait and see.”
But the issue isn't that investors don't have money to spend. It's quite the opposite in fact. In the first half of this year, private equity...
The headlines have been full of companies making announcements about store closings. A July report from ICSC projected that nearly 144,000 stores (about 36,000 per quarter) will close in 2008, up 7 percent from 2007, and the largest increase in at...
