Federal Realty Investment Trust is working on an institutional joint venture that will focus on A-class stabilized properties on the East and West Coasts. The $350 million entity will be 60 percent leveraged with Federal retaining a 30 percent...
Tees, knits and minis sporting the Abercrombie & Fitch logo were flying off the shelves at nine London stores earlier this year — and Abercrombie officials were furious. “We don't have any stores in the U.K.,” explains Thomas Lennox, spokesman...
The International Council of Shopping Centers estimates that 25 percent of annual leasing activity at U.S. shopping centers is executed at its annual Spring Convention in Las Vegas. This year's event was no exception. Most exhibitors said they had...
Only a handful of developers are pursuing new retail projects in Denver. But those that are building are doing so on a grand scale. Two massive mixed-use projects are under way, as well as a lifestyle center, a Main Street development and a couple...
Most definitely, says Richard Baker, president of National Realty & Development Corp., who has commissioned five outdoor art installations by artist Richard Maltz (similar to the one below) for five building sites in five states. The...
Construction crews raised the 500,000-pound historic dome of the old San Francisco Emporium building 60 feet to accommodate the renovation of Westfield America and Forest City's Westfield San Francisco Center on Market Street. The 100 foot wide...
For the next three years, department stores such as Dillard's, Robinsons-May, Saks Fifth Avenue and Kohl's will continue to grow more slowly than other kinds of retailers. Discounters such as Costco, Target and Wal-Mart will see the overall...
Reaching the target customer — that is the constant focus necessary to succeed in the retailer's universal quest to fulfill their store's sales potential...
Casto Lifestyle Properties broke ground on Lakeside Village, a $50 million mixed-use project in Lakeland, Fla. The 610,000-square-foot center will include Belk, Kohl's, Bed Bath & Beyond and Talbots stores in addition to an 18-screen Cobb...
