North American Properties received key approvals to develop Avalon, a $600 million, resort-inspired mixed-use project in Alpharetta, Ga. The complex will include approximately 559,000 sq. ft. of retail and restaurant space, including a While Foods...
Since the cautious environment that marked the start of the year, momentum for sales of class-B and class-C retail properties hasn’t taken off, even though demand for both core centers and quality distressed acquisitions remains quite robust...
In 2012, retailers have continued their entrances into new markets, such as Asia-Pacific, Africa and Latin America, based on the promise of new customers and regional expansion. But expanding overseas requires a lot of prep work. It means...
Some retailers spend years waiting for an opening on a coveted High Street or in a class-A shopping center where location is critical to entering a new international market. When those spaces turn over, it can be a bidding war with space going for...
CBL & Associates Properties Inc. acquired a 75 percent interest in The Outlet Shoppes at El Paso in El Paso, Texas and a 50 percent interest in The Outlet Shoppes at Gettysburg in Gettysburg, Pa. from Horizon Group Properties and its...
DDR Corp. expanded its Set Up Shop program to 24 shopping centers in Florida, with a focus on the Orlando and Tampa markets. The program helps small businesses lease space at DDR centers while allowing DDR to reduce asset level expenses and...
The NREI/Marcus & Millichap Investor Sentiment Index shows that investor confidence has not only rebounded from its fourth-quarter dip, but it has leaped forward to reach a new peak. The Investor Sentiment Index climbed to 166 at the end of first...
Vornado Realty Trust’s declaration that it plans to shed non-core retail holdings in the coming year met with enthusiasm from both analysts and stockholders this week. A variety of potential dispositions, including sales of Vornado’s enclosed...
Among the restaurant concepts that view the current market climate as ripe for expansion is Zinburger, an upscale casual chain that specializes in the pairing of burgers and wine. Currently, Zinburger operates just four restaurants nationwide...
