Apple opened stores and has become one of the most sought-after tenants, and it has seen use of its computers rise, after being left for dead by Windows-based PCs. Gateway 2000, on the other hand, tried its hand in the brick-and-mortar business...
Facing a deteriorating financial situation and investigation by the Securities & Exchange Commission, the beleaguered Mills Corp. saw its self-imposed deadline for acquisition bids come and go in mid-June with little news emerging as to the...
The big buzz during the NAREIT conference was the proposed $8.9-billion buyout of Trizec Corp. by The Blackstone Group and Brookfield Property Corp. Talk circulated about whether the price paid was too high. But it also signaled that private...
Madison Marquette is undertaking the redevelopment of Asbury Park, N.J.'s waterfront. The mixed-use project, located along 1.25 miles of oceanfront, will feature 500,000 square feet of retail space, in addition to residential and entertainment...
Northbrook, Ill.-based Hilco Organization has formed Hilco Retail Acquisitions, LLC. Headed by Michael Lynch, onetime CEO of Kmart Canada, the company will seek to acquire small and mid-sized retail firms with multiple store locations in North...
Developers and contractors have had to live with double-digit inflation in construction materials for the past several years. Projects are often fast-tracked in order to get ahead of price increases. Some builders stockpile construction materials...
The recent international push by U.S. retail firms continues. Jones Lang LaSalle, which already has a retail presence in the United Kingdom and Australia, is taking its retail skills into Latin America. Jones Lang is moving into the Dominican...
Mergers in the banking sector are creating opportunites for retailers who are lining up to take on former bank branch space. Mergers such the one between Wachovia and South Trust inevitably produce overlap in retail banking locations. In the past...
Cupcakes have gotten the luxe treatment for the last couple of years, with more bakeries offering spruced-up versions of the recess treat. Now brownies are getting the same treatment. Godiva has introduced a brownie, Vosges has two versions and...
