The ink is not yet dry on Burger King’s plan to become a publicly traded restaurant company through a merger with shell company Justice Holdings, but one of its newest investors, hedge fund founder William Ackman, is already outlining plans to...
DDR Corp. has acquired its joint venture partner's 50 percent ownership interest in two high quality prime power centers located in Portland, Oregon and Phoenix for $70 million. The company funded its entire $70 million investment with proceeds...
Simon Property Group Inc. started construction on Phoenix Premium Outlets, an outlet center in Chandler, Ariz. Phase I of the project will contain 360,000 sq. ft. and will house approximately 90 stores. Simon plans to open the center in the spring...
The recent opening of Taubman Centers’ new mall in Salt Lake City might have marked a nice symbolic moment for the retail real estate industry, but it’s not about to usher in a new era of construction abandon.
In spite of a slight rebound in re...
ICSC unveiled the keynote speaker line-up scheduled for its Retail Real Estate World Summit to take place September 12 through 14 in Shanghai, China...
Kimco Realty Corp. purchased a 50 percent ownership interest in Orleans Gardens Shopping Center, a 110,000-sq.-ft. grocery-anchored center in Ottawa, Ontario, for $16.5 million. The center is part of Kimco’s new joint venture with the center’s...
Taubman Centers Inc. opened City Creek Center, a 700,000-sq.-ft. enclosed regional mall in Salt Lake City. The center is the retail component of City Creek, a 23-acre mixed-use development in the city’s downtown...
