Negotiations for Orange County, Calif.’s largest land sale in 30 years are set to jumpstart April 28. The deal, which will break up a 3,500-acre tract of in-fill land at the Marine Corps Air Station El Toro, goes online this fall, as the United...
Nothing stays the same for long in retail, particularly among consolidating shopping center owners. Shopping Center World's 2003 Top Owners and 2003 Top Managers rankings show an industry in flux last year, its face changed by the steady pace of...
Phillips Edison & Company recently announced the completion of its merger transaction with the publicly traded Aegis Realty Inc., and acquisition of the Aegis portfolio of 27 grocery-anchored shopping centers totaling 3.1 million square feet...
This week, Best Buy announced fast-track plans to sell its Musicland operations, which include 736 Sam Goody stores (500 or so are mall stores, the rest are rural locations), 383 Suncoast Video stores and 76 Media Play locations. The sale follows...
When the Village of Merrick Park opened last September in Coral Gables, a suburb of Miami, The Rouse Co. had high expectations for the 770,000-square-foot retail component of its $200 million, mixed-use project...
Despite the slowdown in retail sales at department stores and among specialty chains, business is thriving at outlet centers. Chelsea Property Group and Tanger Factory Outlet Centers, two dominant real estate investment trusts in the outlet mall...
Quincy Allen joined Los Angeles-based Canyon-Johnson Urban Fund as vice president. Allen, previously an advisor with Lazard Freres Real Estate Investors and vice president of Archstone Communities Trust, will oversee the firm's new investments and...
The hybridization of shopping center formats continues. Among the latest examples of the concept creep strip malls that shed their cookie-cutter past to create destination-oriented flavor of a town center...
