There are a variety of net leases, one of which is a double net lease. The double net lease is a lease in which the tenant is responsible for the majority of all expenses, excluding roof and structure, while the landlord may be responsible for...
Lakeland, Fla. – Locally based Publix Super Markets, has plans to add 340 stores over the next five years, which is more than a 50 percent increase over its current store base of 648 locations. It is unknown how many of the new locations will be...
Hoffman Estates, Ill. – Locally based Sears, Roebuck and Co. is acquiring 18 former Montgomery Ward department store locations and 10 auto centers for an undisclosed sum...
Los Angeles and San Francisco -- The boards of directors of LoopNet Inc. and PropertyFirst.com recently approved a merger of the two firms. The new company, which will operate under the LoopNet name, now claims to be commercial real estate's...
Irvine, Calif. – Locally based Skytron Corp. announced an agreement for the expansion of the Skytron Mall Television Network in more than 100 Chicago-based General Growth malls this year...
Los Angeles and San Francisco -- The boards of directors of LoopNet Inc. and PropertyFirst.com recently approved a merger of the two firms. The new company, which will operate under the LoopNet name, now claims to be commercial real estate's...
Chicago – Minneapolis-based Ryan Cos. U.S. Inc. plans to develop a 500,000-sq.-ft. retail center in the village of Oswego, located in the Chicago area. The stores at Oswego Commons regional shopping village will include Target, The Home Depot and...