Last month, Mills Corp. beat out a long list of bidders for the General Motors Pension Trust portfolio of malls. But the Arlington, Va.-based REIT's victory is based more on what the company is than what it offered to...
Limited Brands could be making another attempt to roll out its Henri Bendel brand nationwide. Limited is opening a new store at Easton Town Center in Columbus, Ohio, this fall. The store will be the first Bendel...
Simon Property Group has shifted its expansion strategy into the premium factory outlet segment with its recent $4.8 billion acquisition of the 16.6 million-square-foot portfolio of Chelsea Property Group...
A lot has changed in my hometown of Montgomery, Ala., since I left for college 10 years ago. Known as the “cradle of the Confederacy” and the birthplace of civil rights, the city of 350,000 had never been a hot...
Westfield America's top two executives aren't sweating over the influence of lifestyle centers on U.S. retail. In fact, they thumb their noses at the analysts and rival developers who say that malls are passé...
General Growth's high-rolling purchase of the Grand Canal Shoppes in Las Vegas may be a gamble, some analysts say. The Chicago-based REIT is paying $766 million for the 445,000-square-foot retail complex...
After four years of false starts and close calls, this February Steve Hopkins finally found the partner he needed to fuel a new growth period at his Newport Beach, Calif.-based development company. Founded in 1973...
After 31 years in the business and 5 million square feet of GLA developed, Newport Beach, Calif.-based Hopkins Real Estate Group is ready to become less of a boutique and more of a major player, competing with the...
Office Depot announced plans to purchase 124 former Kids "R" Us Stores from troubled conglomerate Toys "R" Us for $197 million, but only 50 or 60 of those stores will actually become Office Depots, says Deutsche Bank...
