It's the top of the market and buyers are in a bidding frenzy. Desperate to grab any available retail property, they're scrambling to put together financing and close deals while the capital's still flowing. But a dark shadow — make that dark...
In a bid to "test the market," First Allied President Ed Glazer says his firm is putting 37 of its 55 properties up for sale as a single portfolio. Atlanta-based Eastdil will represent the Beverly Hills, Calif.-based real estate company. "It's...
Here's what our editors and reporters unearthed and overheard among the 36,000 attendees at ICSC's Spring Convention today in Las Vegas... Attendees anticipating an announcement of the sale of San Diego-based developer Price Legacy were...
You know you're at ICSC Spring Convention when you see someone standing at a urinal doing a deal on his cellphone. Here are some of the news and comments from this year's show.....
Kimco isn't the only company interested in acquiring Mervyn's real estate from Target Corp. A group lead by New York's Apollo Real Estate Advisors is also interested in the 25.9 million-square-foot portfolio, which is worth an estimated $2 billion...
Kimco Realty Corp. may be in talks with Target Corp. to buy some or all of the company's Mervyn's real estate. The New Hyde Park, N.Y.-based REIT needs to keep up its current pace of FFO growth (more than 8 percent for the recently ended first...
Developers Diversified Realty's (DDR) acquisition of 110 retail properties totaling 18.8 million square feet from Benderson Development Co. continues the transfer of private retail assets to publicly held real estate investment trusts. And at $2.3...
Continuing to expand its third-party, retail leasing and management portfolio, Jones Lang LaSalle Inc.'s strategy remains aggressive despite operating in a sector that has been steadily shrinking due to rampant ownership-management...
