With Burger King’s Whopper Bar, the goal was to extend and energize the main brand with a new concept focused on the Whopper. Whopper Bars emphasize Burger King’s “Have it your way” brand promise by offering guests a customizable, indulgent...
Retail real estate developers delivered approximately 45 million square feet of space in 2010—the lowest amount CoStar has ever recorded. Projections are that the industry will deliver about 50 million square feet in 2011. The amount of space...
When the credit crunch took hold in late 2008, there were expectations that there would be a pressing need for receivers and REO specialists as banks and special servicers grappled with troubled loans. Instead, lenders “kicked the can” down the...
Samuels & Associates and a division of JPMorgan Chase & Co. purchased the 950,000-square-foot Landmark Center office and retail complex in Boston for $530.5 million from Abbey Group...
Boston Redevelopment Authority (BRA) board approved tentative designation to Elma Lewis Partners and FeldCo Development Co. to build Ruggles Place, a $308 million mixed-use project in Boston’s lower Roxbury neighborhood. The developers’ plans for...
A planned joint venture between U.S. retail REIT Tanger Factory Outlet Centers and Canadian RioCan REIT will seek to capitalize on two major trends among North American real estate developers: the increasing popularity of outlet centers and the ...
CMBS delinquency rates reached new highs in December, confirming that a brief improvement in October was an aberration, according to the two firms that track the sector...
The overall delinquency rate in December jumped 27 basis points. The increase was slightly below the 35-basis-point increase posted in November. The resultant percentage of loans 30+ days delinquent, in foreclosure or REO is at 9.20 percent...
