The announcement that coffee giant Starbucks plans to close 600 locations--500 more than its CEO Howard Schultz had talked about earlier this year--is unwelcome news for frappuccino lovers, but it’s likely to upset real estate owners and investors...
When the credit crunch first broke in earnest last fall and froze the U.S. commercial mortgage-backed securities (CMBS) market in its tracks, the most bullish prognosticators predicted a mere blip. Many expected issuance in the U.S. to be down...
After a dismal performance in 2007 that ran into this year, REIT stocks are once again on the ascent, posting a three-month rally. As of early June, the REIT sector had outperformed the broader market year-to-date — as it did during the seven-year...
Taubman Centers Inc. has scored a win against the town of Oyster Bay in its 13-years-and-counting quest to develop a luxury shopping center on the former Cerro Wire manufacturing complex, a 39-acre site in Syosset, N.Y...
Location: Murrieta, Calif.
Developers: The Garrett Group and Domenigoni-Barton Properties
Size: 1.3 million sq. ft.
Completion: Fall 2009
Buzz: Located in southwest Riverside County, one of the fastest growing counties in the country, the Gol...
The U.S. commercial property market will avoid the massive troubles crippling the single-family housing sector but will face hard times in the coming year, according to presenters at NAREIT's annual REIT Week conference that took place in New York...
As real estate pundits continue to discuss which U.S. cities are best positioned to withstand the economic downturn, Boston ranks near the top of the list. It enjoys some of the highest barriers to entry for retail in the United States.
And, wit...
Seattle-based architecture firm Callison worked with the U.S. Green Building Council to developed two new models designed for retailers: LEED for Retail and LEED Portfolio. LEED Retail establishes a set of criteria for the retail world while LEED...
Jones Lang LaSalle Inc.'s proposed $613 million acquisition of Addison, Texas-based real estate advisory firm the Staubach Co., which would create the second largest commercial real estate brokerage firm in the world, won't boost the Chicago-based...
