Andrew Farkas, who founded Insignia Financial Group Inc. in New York in 1990 and steered it to become one of the largest commercial real estate services firms in the world before rival CB Richard Ellis bought the company for approximately $415...
Many retailers have capitalized on the spike in shopping center vacancies to upgrade to better locations and negotiate favorable rents. In addition, for some expanding chains, the downturn has proven to be a time to upgrade their status in the...
Trying to describe what Lucernex Technologies tries to achieve with its retailer-centered software package, Ken Brown, the firm’s chief information officer, recalls a harrowing episode from his earlier life as a real estate consultant...
In the latest update from RBC Capital Markets on retailer planned store openings, tenants continue to increase their projections for growth as measured by their 12-month and 24-month expansion targets. RBC, with data from Retail Lease Trac...
Subway is the retailer with the most ambitious expansion plans. It has its sights set on opening 4,000 new stores in the next 24 months. Dollar General and Subway rival Quiznos are next on the list, with states plans of opening 1,200 locations in...
After U.S. retail REITs spent much of the early 2000s aggressively expanding their empires, this year brings a reversal in strategy. Eager to take advantage of a suddenly favorable sales climate and to boost NOIs, many publicly-traded REITs are...
The PwC Real Estate Investor Survey for the second quarter of 2011 finds that while investors overall seem optimistic about commercial real estate, there is a bit more caution when it comes to the retail sector...
According to PwC, Cap rates on class-A+ malls fell to 6.30 percent in the first quarter--a 15 basis point improvement from the first quarter. Overall, mall cap rates are down 110 basis points from a peak of 7.40 percent in the fourth quarter of...
