Connecticut's downtowns have, for the most part, seen better days. For decades, growth has been concentrated in the suburbs — particularly Fairfield County, one of the wealthiest areas in the country. But now, New Haven, Hartford and Stamford are...
It's easier to win a recording contract on American Idol than it is to get a good deal on a shopping center these days — if you're buying, that is. Institutional investors, individuals and REITs continue to bring satchels of cash to the retail...
Home Depot gets a lot of requests to adapt plans to suit local demands, but none so strange as this: A town in Vermont wanted a vegetation-covered roof where cows could graze. Why? Community leaders thought the design would be environmentally...
According to the findings of a National Retail Federation (NRF) survey, conducted by BIGresearch, almost one in four consumers plan to shop over the July 4th holiday. Retailers plan to offer a variety of promotions and sales to increase their...
Retail contractors are scrapping for business in a flagging economy. Intense competition has forced contractors to cut prices, pursue a wider variety of projects and even bid smaller jobs. The construction industry is getting aggressive for good...
Under the terms of the agreement, Kimco will acquire all of the outstanding shares of MART for $21.00 per share in cash in a transaction in which MART will merge into a Kimco subsidiary. The transaction has a total equity value of approximately ...
Today, Best Buy announced the sale of its Musicland chain to private investment firm Sun Capital Partners. The sale has surprised many pundits, who expected Best Buy would face an uphill battle in unloading the division, which saw sales decline 8...
Security Capital Group, a unit of GE Capital, is taking advantage of high retail REIT stock prices and unloading its 55 percent stake in Jacksonville, Fla.-based Regency Centers. Prudential Financial pegs the 34.3 million-share offering at $1.2...
Michigan leaders are coming to the aid of hometown REIT Taubman Centers in its efforts to fend off a hostile takeover bid from Simon Property Group and Westfield America. Thanks to support from the state government, Taubman may not even have to...
