Trexlertown, Pa. - The new owners of Trexlertown Plaza in Trexlertown plan to double the size of the 212,000 sq. ft. shopping center, adding another 200,000 sq. ft. of retail space on 40 vacant acres at the 70-acre site. Potential uses include...
In July, the acting U.S. Comptroller of the Currency, Julie Williams, expressed concern about national banks' drift toward making subprime and high loan-to-value loans. Such practices, she said, would lead to risky underwriting and "cutthroat...
The southeastern United States has maintained its status as a region with a strong and growing economy, having once again surpassed the national average for economic growth. And Dixie's rising population statistics, low unemployment numbers and...
Fairfax, Va. - Demolition of an existing structure at Fair Oaks mall in Fairfax will begin later this year to make way for a Macy's department store, scheduled to open in summer 2000. The three-level, 215,000 sq. ft. new anchor will join Lord &...
Within a popular and competitive retail sector, Amarillo, Texas-based Hastings Entertainment has amassed a 120-unit superstore roster that spans 16 states. And over the next 16 months, the multimedia superstore expects to add another 54 stores...
Chicago - Chicago-based Sears, Roebuck and Co. recently completed a number of renovations of its department stores throughout the country. Grand reopening festivities were held in August for stores at Edgewater Mall in Biloxi, Miss.; South Plains...
First came 12,000 sq. ft. category-killer stores like Toys 'R' Us. Then came 25,000 sq. ft. superstores like OfficeMax. And finally, 100,000 to 150,000 sq. ft. mega-stores like The Home Depot arrived on the scene...
Divco West Properties LLC, a real estate acquisition, development and management firm, recently was seeking a loan to buy a California shopping center. The San Jose, Calif.-based firm had heard that Credit Suisse First Boston understood the retail...
LaCrosse Footwear Inc. of La Crosse, Wis., has been in business for more than 100 years, making premium quality protective footwear for such diverse markets as sporting and outdoor, farm and general utility, and occupational and children. Despite...
Chicago-based General Growth Properties has been awarded management responsibilities at Valley River Center in Eugene, Ore., by Washington-based Grosvenor Inter- national. The 1.1 million sq. ft. center is anchored by The Bon Marche, Copeland's...
