Retail properties continued to benefit from strong investor interest during the first half of 2006—but demand for all types of retail was not equal, according to the Korpacz Real Estate Survey by PricewaterhouseCoopers. Power centers anchored by...
The biggest question emerging from this week’s one-two punch of Centro Properties Group’s proposed buy of Heritage Property Investment Trust and Kimco Realty Corp.’s proposed acquisition of Pan Pacific Retail Properties Inc., for a combined $7.2...
Ending a lull in the retail REIT merger and acquisition market, Kimco Realty Corp. and Centro Properties Group today each announced big deals, with Kimco grabbing West Coast shopping center REIT Pan Pacific Retail Properties Inc. for $4 billion...
For years, banks have waged a nationwide race to open up as many bank branches as possible as competitors have tried to one-up each other in building their retail banking business. The top 20 banks in the U.S. alone will open 1,000 new branches in...
Kmart Corp. is leaving no stone unturned in its efforts to raise cash. In June, it opened its vault of more than 1,000 works of corporate art it had accumulated over the years and put many up for sale. The works include oils, watercolors...
In a partnership that brings together two families with long histories in Michigan real estate, Gershenson Realty & Investment has teamed with the Kiriluk family's Kirco Management Services to develop mixed-use projects in the Midwest and...
Jones Apparel Group continues its effort to build Barneys New York into a national brand. It announced the opening of the 13th and 14th Barneys CO-OP stores at the Grove in Los Angeles and The Domain in Austin, Tex...
Building retail space remains a lucrative and growing business. Retail Traffic's annual listing of the industry's top contractors received more than 130 entries this year — a jump of more than 20 companies over last year's rankings. Of those that...
People in this industry like to talk about how many real estate cycles they've seen and how many booms and recessions they've operated through. Such talk is usually meant to allay any concerns when conversations inevitably get to the question of...
