Savills negotiated the sale of Springhurst Towne Center, an 830,000-sq.-ft. shopping complex in Louisville, Ky., to an institutional investor for $78 million...
The department store sector is remaking itself for the new era of retailing, continuing the resurgence it experienced over the past two years with the return of the mall...
Cedar Realty Trust Inc. closed a $300 million senior secured credit facility. The facility includes a four-year $75 million term loan and a three-year $225 revolving credit facility subject to collateral in place. It comes with an initial rate of...
ICSC’s board of trustees nominated Brad M. Hutensky as ICSC chairman for the 2012-2013 term. If Hutensky is elected at the organization’s annual member meeting in May, he will succeed David B. Henry, vice chairman and CEO of Kimco Realty Group...
Battling powerhouse Internet retailers like Amazon.com and smartphone apps that allow consumers to shop from virtually anywhere, the retail industry has spent the past few years trying to imagine the future of the brick-and-mortar store...
Popular shoe manufacturer Crocs is in the process of transitioning into a lifestyle brand and the company plans to use its retail stores to communicate the changes to consumers. To do so, Crocs secured the services of global architecture firm...
Glimcher Realty Trust closed on a $77 million mortgage for Town Center Plaza in Leawood, Kan. The loan features a 5 percent fixed interest rate and a 15-year term.
Glimcher used the proceeds from the transaction to retire a $70 million term loan...
EHB Cos. will develop Las Vegas Renaissance, a 700,000-sq.-ft. enclosed mall in West Las Vegas. EHB plans to break ground for the project in 2013 and open the property in time for the 2015 holiday shopping season...
