Developers Diversified Realty Trust's proposed $6.2 billion purchase of Inland Retail Real Estate Trust will bolster the REITs presence in the Southeast...
Developers Diversified Realty Trust, has sprung on the largest retail real estate deal in two years by reaching an agreement to purchase Inland Retail Real Estate Trust Inc., for $6.2 billion...
On Oct. 5, Kohl’s Corp. opened 65 new stores. The following day, J.C. Penney Co. opened 20 new locations of its own. In both cases, the moves represented company records for the largest one-day rollout. And it underscored the fact that the two...
Puma, maker of sneakers, sportswear and fashion, has unveiled a redesign for its stores with a new 5,300-square-foot flagship store in New York City’s Union Square that was previewed for the media Wednesday morning...
Office supplies giant Staples, Inc. has beaten the competition, topping rivals Office Depot and OfficeMax to become the largest office supplies retailer. So the company management has set its sights on new competition: Kinko’s...
After Mills Corp. announced that it was getting rid of its ill-fated Xanadu Meadowlands project in late August, in a $2 billion financing deal with Colony Capital Acquisitions, REIT analysts sighed with relief. Many expected the deal to improve...
In April, Schostak Bros. & Co. Inc. spent $100 million to acquire a portfolio of 28 properties from Memphis-based Spectra Group Inc. While there have been plenty of more expensive deals this year, Schostak Bros' transaction stands out...
California famously moved onto the national scene during the gold rush between 1848 and 1855. About 300,000 residents from the rest of the country flocked to the state. Though few made fortunes, the rush resulted in California's statehood in less...
Fresh from winning his fourth NBA title, Shaquille O'Neal is making an aggressive play into commercial real estate. He has formed the O'Neal Group, which will take on mixed-use development projects in addition to managing the $50-million portfolio...
