New Orleans — based PMAT Real Estate Investments, LLC acquired CocoWalk, a 200,000-square-foot lifestyle center in Miami, Fla., for $87 million from Thor Gallery at CocoWalk, LLC. PMAT plans to redevelop the property with $5 million worth of...
Vornado Realty Trust, one of the three partners (Bain Capital and Kohlberg, Kravis, Roberts & Co. are the others) that bought out Toys ‘R’ Us for $6.6 billion last year, has agreed to purchase up to 44 previously closed stores for up to $190...
The Charlotte, N.C. retail real estate market will have a stable year in 2006, says the National Retail Research Report from the Marcus & Millichap Real Estate Investment Brokerage Company. The Report estimates that Charlotte companies will...
Conventional wisdom within retail real estate for decades was that restaurants were bad news. Developers feared that they would suck up parking that would otherwise go to mall shoppers. Retailers viewed restaurants as competitors for a customer's...
The Johnson Development Corp., in partnership with Cherokee Investment Partners, purchased a 538-acre brownfield site in Webster, Tex. for a mixed-use development. Titled Edgewater, the project will include retail space, multi-family residential...
Atlanta-based Wakefield Beasley & Associates Architects, Inc. will design the Pavilion at Oceanside, an 880,000-square-foot lifestyle/power center in Oceanside, Calif. Thomas Enterprises, Inc. is the developer of the property. Construction on...
Costa Mesa, Calif.-based Donahue Schriber received a secured line of credit for $700 million. The new facility increases Donahue Schriber's available borrowing capacity by $225 million over its previous facility and reduces its interest rate by 30...
Wal-Mart has been a frequent target for many political causes in the United States including the labor movement, environmentalists and health care advocates. In Mexico, it has drawn a new enemy — supporters of presidential candidate Andres Manual...
The New York Times opened its second branded bookstore in September. The store, which is a joint venture with Paradies Shops, opened at the Delta Air Lines Terminal at New York's La Guardia Airport. The joint venture also operates a store at Blue...
Mixed-use has come to make up a significant chunk of the retail development business, especially in urban areas, but lenders are still trying to figure out how to get their heads around financing the complicated projects...
