As the new year begins, the net lease market remains strong on the demand side. The supply side, however, is another story. The Boulder Group believes that the number of available net leased properties of all types has reached a ten-year low...
Sixteen percent of all new jobs statewide were created in nearby Baton Rouge in 2003, according to Loren Scott, an LSU economist. And personal income among Baton Rouge residents is expected to increase as much as 4.8 percent by 2005. Developers...
Last May, Passco facilitated the sale of City of Industry, Calif.'s Puente Hills Mall via a tenant in common transaction. Thirty one investors, mainly 1031 exchangers, put up an average of $1.5 million each to acquire the $148 million mall. More...
“I usually see them in groups early in the morning,” says Judy Martin, a frequent shopper at the Chandler Fashion Center, an indoor/outdoor regional mall in the Phoenix Valley town of Chandler, Ariz. They come young or old, coupled or alone, with...
Now that Abercrombie & Fitch has scrapped its racy magalog, analysts suggest the retailer hire a celebrity endorser for its spring 2004 ad blitz, like Gap did with its successful Madonna campaign. Which stars could help the chain get back in...
Downtown Wichita's Arkansas River isn't much of a tourist attraction, but wait three or four years. If all goes as planned, the blighted waterfront will become 30 acres of mixed-use development called WaterWalk — a $138 million bet that urban...
Vornado Realty Trust is responding to Manhattan's pent-up demand for big-box retail with plans to convert as much as 300,000 square feet of office property to accommodate the oversized chains. “Vornado will likely combine street-level and second...
Forest City Ratner has high hopes for the Brooklyn Atlantic Yards, a megaproject (a right) designed by Frank Gehry with six acres of parks. It would include retail, offices, apartments — and, if New York-based developer Bruce Ratner has his way —...
Erica Bazzano, The Hutensky Group's corporate accounting and risk manager, received the first ICSC Barry M. Davis Memorial Next General Educational Scholarship at ICSC's New York Idea Exchange & Deal Making conference in December. The...
Californians partial to holistic rituals will love the redesign at Serramonte Center, owned by Capital & Counties in Daly City, near San Francisco. The 865,000 square foot, 35-year-old regional mall, anchored by Macy's and Target, spent $3.5...
