Wall Street continues to convulse from the sub-prime fallout — more than $90 billion in value had been wiped off banks' books by mid-January. One group of financiers, however, is finding new opportunities in the roiling market: mezzanine...
The vacancy rate for U.S. neighborhood and community centers rose 20 basis points during the fourth quarter of 2007 according to Reis Inc. — the eleventh straight quarterly increase — leaving the national rate at 7.5 percent, the highest level...
Target Corp. and Isaac Mizrahi are ending their contract after partnering for five years on the Isaac Mizrahi for Target collection. During his stint with Target, Mizrahi regularly designed exclusive apparel. It was part of Target's efforts to...
In December, mall security returned to the spotlight when a suicidal teen entered the Westroads Mall in Omaha, Neb., killing eight people and wounding five others before turning the gun on himself. That incident marked the third — and deadliest —...
MTV is looking to recreate Disney's hit High School Musical with a new series set in a mall. The title? The American Mall. The project is from High School Musical producers Bill Borden and Barry Rosenbush and will premiere next year on the cable...
Pacific Coast Capital Partners, LLC and Dunhill Partners formed a joint venture to acquire the Fountains on the Lake, a 589,201-sq.-ft. retail center in Houston. The partners plan to add 50,050 sq. ft. of new space to the property...
After staying away from new acquisitions for the better part of 2007, Santa Monica, Calif. — based REIT Macerich Co. started the new year with a bang. On January 10, the firm announced it was buying the Shops at North Bridge, a 680,933-square-foot...
Madison Marquette and Canuso Communities formed a joint venture to acquire more than 370 acres of land in Harrison Township, N.J., for the development of a one-million-sq.-ft. mixed-use village. The village will combine retail, office and...
