Bankrupt home furnishings retailer Linens 'n Things' disclosure this week that it plans to dispose of 120 locations is the latest burst in the retail sector's growing flood of store closings this year that has the industry's real estate...
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...
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...
Struggling shopping center operator Centro Properties Group, one of the most high-profile victims of the credit crunch, remains afloat as its creditors this week extended the Melbourne-based listed property trust a lifeline by giving the firm a...
The Wolff Co. and the Barker Pacific Group started construction on the South Bank, a 3.6-million-sq.-ft. mixed-use district in Tempe, Ariz. The district will include interconnected retail, office, hotel and residential uses...
For months, a yawning gap between buyers' and sellers' expectations combined with a drop in available financing for highly leveraged buyers has led to a massive drop in investment sales volume on retail real estate properties. In the early months...
If ICSC's RECon in Las Vegas was an accurate indication of the health of the retail real estate industry, then industry pros should feel quite pleased. The sector has taken some heavy punches in recent months, including the collapse of credit...
Bloomfield Hills, Mich.-based Taubman Centers, Inc., has been quietly assembling the pieces for Songdo City Shopping Center in Incheon, South Korea. In late April, Taubman Asia Management Ltd., the firm's Asia-based subsidiary, announced that it ...
“With the way the economy is going right now, I've noticed retailers are more aggressive about negotiating their exit strategies,” says an attorney with Cox Castle Nicholson, a Los Angeles-based commercial real estate law firm. “They don't want to...