Cedar Shopping Centers, Inc. purchased six shopping centers in the northeastern United States totaling 870,000 sq. ft. for approximately $117 million. The centers are located in Massachusetts, Connecticut, New York, Maryland and Pennsylvania...
The bidders continue to be few and far between, but Morgan Stanley REIT analysts Matthew Ostrower and Mick Chiang say the sale of the 16-center B-mall Pyramid Properties portfolio would have a positive effect on the national mall sector...
After seeing its portfolio shrink to just one property — the Tempe Mall — Dallas-based Coyote Management L.P. was sitting on a lot of capital and talent, but very little to work on...
Although mall marketing managers may be doing all they can to prolong the holiday shopping season and pulling out all the stops to keep consumers at their properties as long as possible (see “Creating a Big Bang,” p. 118), when it comes to...
After several years of delays, Vornado Realty Trust started construction on its Rego Park Mall II project in May, a $550 million vertical mixed-use development in the New York City borough of Queens. The project, built on the former site of an...
When Vista, Calif. signed a contract with a local developer for the creation of a mixed-use project on a city-owned parking lot near its downtown in 2005, Vista officials felt like they had hit the jackpot...
Chanel, Marc Jacobs and Diane von Fürstenberg are among the luxury designer brands ponying up record-setting rents for their high-visibility West Coast stores in Hollywood, West Hollywood and on Rodeo Drive...
This year was supposed to be the coming-out party for the commercial real estate collateralized debt obligation (CRE CDO) market. After topping $35 billion in issuance in 2006, expectations were the market would nearly double to $60 billion this...
