A $1.7 billion hostile-takeover fracas kept the REIT world buzzing for months. Discounters made still more gains, even as some big-name retailers sank into bankruptcy. And through it all, retail real estate was among the hottest investments on the...
When bankrupt Jacobson's closed its stores at two Michigan malls, Midwest department store chain Von Maur took over. And after Wichita, Kan.-based Henry's vacated a 40,000-square-foot space at Wichita's Towne East Center, Von Maur came to the...
In a market that grew only 3 percent last year, specialty jewelry chains are fighting to win business from independent jewelers, a fast-dying breed, and each other. No one jeweler controls more than 6 percent of the $23 billion dollar-a-year...
Bayer Properties and Forest City Enterprises are teaming up to develop The Summit shopping center, an 800,000-square-foot, mixed-use complex in Bethlehem Township, Pa., to open in 2006. The center will include two anchors and will be based on...
To grab more market share from department stores, Kohl's is teaming up with Estée Lauder to introduce an exclusive line of moderately-priced cosmetics and skin care products into 300 stores next fall. Kohl's will devote between 500 square feet and...
Most retailers are bidding a fond farewell to 2003, which they hope will go down in history as a transition from bad times to good. They're also embracing what they expect to be a promising new year...
European retail development, once prohibitively expensive for U.S. real estate companies, now looks promising. Simon, for one, is upping its ante with a joint venture to own, manage and develop new shopping centers throughout Italy...
Forest City Ratner Co. and its local partners (Moreland Development and Synterra Ltd.) began construction of Quartermaster Plaza in South Philadelphia. The $100 million, 540,000-square-foot shopping center on the site of a defunct U.S. Army...
Wal-Mart Supercenters are shopping malls unto themselves. In addition to their grocery, toy, apparel, sporting goods, jewelry, pet, and other departments, they also include photomats, barber shops, wireless phone shops and even Taco Bells or KFCs...
In our November issue, we incorrectly stated the percentage of Simon Property Group's stake in the Mall of America. The correct amount is 27.5 percent.
