New York – A new flagship store for international retailer Joseph Abboud will be located within The Palladium at AOL Time Warner Center. The company has signed a ten-year lease for the 6,500 sq.-ft. two-level location within The Palladium. The...
Orlando, Fla. – Dallas based Trammell Crow Co. was selected by The City of Daytona Beach to be the exclusive developer for a 19.2-acre mixed-use redevelopment. The six-block area for redevelopment includes approximately 200,000 sq.-ft. of retail...
New York – According to locally based Moody's Investors Service, the current economic slowdown is exposing weaknesses in some U.S. retailers' strategy or execution and leading to rating downgrades. Overall, according to the recently published...
Warrendale, Pa. – Locally based American Eagle Outfitters (AE) recently expanded into Canada with the opening of a store in Hamilton, Ontario. The store is the first of 46 AE stores planned to open in Canada by the fall. The Canadian venture marks...
New York – Locally based Silverstein Properties, in a partnership with Los Angeles-based Westfield America, recently gained control of New York’s World Trade Center by signing a 99-year lease worth $3.2 billion...
Cupertino, Calif. – Locally based Apple Computer Inc. plans to open as many as 10 retail stores with the first expected to open in McLean, Va., on May 19. Other cities that might see Apple stores include Bloomington, Minn.; Chicago; Littleton...
Little Rock, Ark. – Locally based Dillard’s Inc. recently acquired eight former Montgomery Ward locations in seven states, thereby boosting its store base. Total cost of the purchase was roughly $21 million...
Troy, Mich. – Brent Willis has resigned as chief marketing officer of locally based Kmart Corp., effective May 7, 2001. Willis was instrumental in the retailer’s campaign to revive the famous blue light specials...
Northbrook, Ill. - Barry Barovick is the new president and CEO of locally based Grubb & Ellis. His most recent position with the company was partner and global director of the corporate real estate advisory services practice...
