Investors went on a buying spree in the retail sector during the first years of this decade and made a pile of money in the process. As consumers gorged on electronics, luxury apparel and home décor, owners of retail real estate saw their...
In an effort to improve its financial performance after an accounting scandal in 2003 hurt its bottom line, Dutch supermarket operator Royal Ahold N.V. plans to sell its 72 Tops Markets stores in New York and Pennsylvania. Net sales for Ahold's...
George Smith Partners, Inc. arranged a $47.5 million permanent loan for One West Side, a 92,729-square-foot retail property in West Los Angeles. Gary Mozer, Lee Norman and Steve Orchard, of George Smith Partners, negotiated this transaction on...
From the Carolinas to California, the mixed-use fever that is sweeping through the shopping center industry shows no signs of breaking anytime soon. Now even stalwart neighborhood shopping center owners such as Columbia, S.C.-based Edens &...
Forest City Commercial Group opened Northfield Stapleton, a 1.2-million-square-foot open-air town center in Denver, Colo. The center is the first Main Street-style property to receive the LEED — CS Silver Certification from the U.S. Green Building...
The Mills Corp. is being slammed with another lawsuit in the never-ending saga to determine the fate of the company. This time from would-be savior Gazit-Globe Ltd., on Nov. 8, filed a suit with the Delaware Court of Chancery, demanding that Mills...
Target Corp. and endurance artist and magician David Blaine have teamed up to benefit the Salvation Army in time for Target's two-day Thanksgiving Sale. Target presented Blaine with the challenge to escape from shackles while dangling five stories...
