In order to encourage a tenant to lease space in a shopping center, a landlord sometimes will agree to give the tenant some protection from competing businesses by granting the tenant an "exclusive" right to operate its business in the center...
NEW DEVELOPMENT Cary, N.C. -- Raleigh, N.C.-based Kane Realty has plans this year to develop a 500,000 sq. ft. retail project on a 55-acre site it recently acquired in Cary. The $45 million project called Centrum will be located near the...
Failure to maintain a pavement system on a routine basis can erode its lifecycle. Shopping center owners expect their parking lots to last a long time, but most also realize that they have a role in making that happen. The lifecycle of a parking...
The surge of mergers and acquisitions that took place during 1997 has affected the makeup of our Top 50 Owners of Shopping Centers -- although no acquisitions were great enough to loosen Simon DeBartolo Group's hold on the No. 1 position...
