For decades now, Gap stores have been mall mainstays — both in terms of traffic draw and financial performance. But now that Gap's sales have slowed dramatically, mall owners are worried about how they're going to make up the lost numbers...
A building's most unglamorous room is its basement. But not at Bergdorf Goodman's Fifth Avenue flagship. As the setting for the department store's new Level of Beauty cosmetics and fine jewelry center, Bergdorf's basement becomes a luxury spot...
TODAY'S SHOPPING CENTERS are doing much more than hanging out a shingle with the name of the mall. Signage has become an integral part of property identity and decor. “The old way of looking at signage was getting a sign out there that attracts...
In situations where retailers are becoming more selective, lessors are challenged with maintaining rents, and retail landlords have to be creative and resourceful in order to maintain and increase revenues...
Going into 2001, net lease finance firms were primed for a banner year. The net lease business had grown steadily for a long time, and with the economy slowing it seemed that corporate America would have no choice but to embrace net lease in a big...
Take the acquisition in late January of Houston-based CenterAmerica Property Trust by New York-based New Plan Excel Realty Trust. The $654 million deal added 92 community and neighborhood shopping centers to New Plan's portfolio. The publicly...
If the U.S. recession should worsen, don't feel too sorry for the Gulf States. Alabama, Louisiana and Mississippi are stable markets where the highs are not extremely high and the lows are not terribly low...
From UBS Warburg's Weekly Chain Store Sales Snapshot to Instinet's Redbook Retail Sales Average, economic indicators point to hard times for retailers. But for the outlet sector the news is somewhat less discouraging. When mainstream retailers'...