The fastest growing sector of the U.S. labor movement has been immigrant workers. And the next frontier in that organizing effort is apparently mall workers—mainly janitors and security guards...
The official word from NRDC Equity Partners, which agreed to buy Lord & Taylor for $1.2 billion last week, is that it will give the storied chain a badly needed makeover and move it back upscale. But, the word on the street in the retail...
One measure of how dicey things are for beleaguered Mills Corp. is the inconclusive response to its invitation for takeover bids. Facing a deteriorating financial situation and investigation by the Securities & Exchange Commission, the...
In the past week, both Federal Realty Investment Trust and Developers Diversified Realty made new deals with joint-venture partners. The transactions are part of a trend among retail REITs to sell stabilized properties into partnerships with...
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...
The big buzz during the NAREIT conference this week has been the proposed $8.9 billion buyout of Trizec Corp. by The Blackstone Group and Brookfield Property Corp. According to speakers at a NAREIT panel on Tuesday, the REIT sector can expect more...
Mixed-use development remains the buzzword of choice as more retail REITs look to add apartments, offices or hotels to new or existing shopping centers. During the National Association of Real Estate Investment Trusts conference this week...
Call them the chains gang: They're the top big box tenants in the nation and when it comes to where they choose to locate, whom they will accept as co-tenants and what they will pay, these powerful players call the shots. They are Wal-Mart...
