Pennsylvania Real Estate Investment Trust (PREIT) signed an agreement with the Township of Voorhees for a 24,300-square-foot space at Voorhees Town Center in Voorhees, N.J. The facility will now house Voorhees Town Hall, the local municipal office...
As opportunities for new retail development have dwindled in recent years, REITs that have traditionally specialized in building regional malls started to look into building outlet centers...
IMAP Inc., a global merger and acquisition firm, released its annual Retail Industry Global Report, which details merger and acquisitions activity by industry, country and region over the last 12 months...
Developers Diversified Realty Corp. closed on the refinancing of its two senior unsecured revolving credit facilities. A new $950 million unsecured facility, arranged by J.P. Morgan Securities LLC and Wells Fargo Securities LLC replaces DDR's $1...
Taubman Centers Inc. appointed René Tremblay as president of Taubman Asia. In his new position, Tremblay will be responsible for Taubman’s operations and future expansion in the Asia Pacific region. He will be based in the company’s regional...
In the wake of its partnership with the developers of the Shopkick mobile application, Simon Property Group has unveiled an iPhone app that will be active at more than 180 of its malls...
British retailer Accessorize is plotting a course for U.S. growth. The chain, which already operates more than 1,000 stores in 65 countries, plans to make a major push stateside over the next several years...
Most retailers have had slow growth plans since 2007. But Edible Arrangements, a Wallingford, Conn.-based chain that specializes in assembling elaborate bouquets of sculpted fruit for special occasions, has not been one of them...
The regional mall is supposed to be a dead concept. Open-air centers are what customers want. Right?
It turns out that in this case the old dog can be taught new tricks. The story of Retail Traffic's 21st Annual Superior Achievement in Design an...
When Marilyn Kane seeks out commercial properties for her clients to acquire, drugstores are high on her list. The founder of New York-based fund manager Iridium Capital, Kane works with investors who lack the capital or skills to operate income...
