When JCPenney left the Florence Mall in Florence, S.C., in 1992, mall owner Edens & Avant didn't scramble to find another department store to fill the anchor slot. Instead it quickly struck a deal with a restaurateur to fill the space. Some 10...
Pittsburgh — Continental Real Estate Cos. of Columbus, Ohio, will develop the $200 million, 25-acre, mixed-use North Shore complex between Pittsburgh's two new stadiums, Heinz Field and PNC Park. The project will include 200,000 sq. ft. of retail...
The Pacific Northwest has felt the sting of the economic downturn: The area was hit by the collapse of the tech bubble and Boeing has eliminated 18,000 jobs, and — adding insult to injury — has moved its headquarters to Chicago. Retail...
Do we really need department stores? Is shopping still an all-day endeavor, where we roam from men's over into women's and then into the kiddie section? No, at least not for everyone. But that doesn't answer the first question...
Developers Diversified Realty (DDR), a Cleveland-based REIT that owns more than 62 million sq. ft. of retail real estate, yesterday announced five new additions to its growing portfolio. The properties were purchased in collaboration with DDR...
From Sacramento to Long Island, retail property managers remain on top of their building stock — literally — with year-round roof maintenance and inspection programs. Selecting proper roofing systems for shopping malls and strip centers requires...
Since last fall, Boston Properties, owner of Boston's prestigious Prudential Center in the Back Bay area since 1998, has started to see the fruits of its remerchandising of The Shops at Prudential Center. Today, retailers in the 466,000-sq.-ft...
With $225 million from its May IPO, Aèropostale is revving up for a major expansion in the Western U.S., where the New York-based teen-apparel chain expects to add 80 stores annually within four years...
French cosmetics and fragrance retailer Sephora is going AWOL from its Rockefeller Center store. On August 31, its lease on the three-level, 21,000-sq.-ft. space will be assigned to Façonnable, which is moving from a smaller store at Fifth Avenue...
Orlando, Fla. — Holliday Fenoglio Fowler arranged a $64 million financing for Belz Factory Outlet World, a 640,000-sq.-ft. center. The transaction was a refinancing of the original acquisition loan, arranged by Holliday Fenoglio Fowler in 1993...
