Starbucks CEO Howard Schultz — now in his second stint with the firm — insists he's returning to the company's roots. But now the firm is adapting mass market tactics such as television commercials and coupons, that it never had to resort to...
Since the fourth quarter of 2007 when the commercial mortgage-backed securities (CMBS) market effectively seized up, there has been concern that lax underwriting in residential lending would bleed over into commercial real estate loans...
It's true that Detroit has seen many foreclosures in recent months. But for a city that's suffered economically for years, it's debatable whether this amounts to a worsening climate or is simply more of the same. In February, the unemployment rate...
Out of necessity, much of the national media's coverage of the country's deepening foreclosure crisis takes a big-picture view, focusing on broad economic trends, maneuvering on Wall Street and the federal government's cleanup efforts. But behind...
To understand how the downturn in the U.S. real estate market will affect the direction of cross-border investment in retail properties this year, take a close look at the most significant foreign acquisition to date, the sale of 730-750 N...
Citing a retail void in the market, WS Development, in conjunction with National Amusements, in April began construction of Legacy Place, a 675,000-square-foot open-air shopping center in Dedham, Mass., featuring more than 60 fashion, restaurant...
During a Colorado skiing vacation in March, retail broker Glen Kunofsky went out of his way twice — with wife and twin children in tow — to check out the foot traffic at a Walgreens drugstore. Kunofsky was puzzled by the low sales numbers he'd...
When a store goes dark, someone pays for that vacant space. Either the retailer pays rent on its unused space or the owner incurs the loss of income until the space can be re-leased. But, retailers and retail real estate owners may have another...