Current Issue
Retail Traffic Cover Story
Shut Down
Aug 1, 2008 12:00 PM, By Elaine Misonzhnik
When rumors surfaced in July that the mid-price department store chain Mervyns was on the brink of entering bankruptcy proceedings, the news hit landlords...
July 2008
Departments
Editor's Letter: Seeking the Truth
Aug 1, 2008 12:00 PM, David Bodamer Editor-in-Chief Retail Traffic Magazine
As business journalists covering retail real estate, one of the toughest tasks we have is attempting to accurately gauge the mood of the industry. Retail...
Traffic Patterns
Aug 1, 2008 12:00 PM
A rough month sent retail REIT stock prices plummeting. Only four firms posted gains. RETAIL REIT SCORECARD Symbol Price* 52-week High Chg 52-week Low...
Traffic Reports
Summer School
Aug 1, 2008 12:00 PM, Elaine Misonzhnik
As retailers shift into high gear for the all-important back-to-school shopping season, mall owners and operators looking to boost sales at their centers...
Skating in the Desert
Aug 1, 2008 12:00 PM
Temperatures in Dubai in July often average more than 100 degrees....
Dollar-and-a-Half Stores?
Aug 1, 2008 12:00 PM
Inflation is taking its toll on dollar stores. Many of the small mom-and-pops can no longer afford to sell goods for that cheap, forcing many to raise...
Projects & People
Aug 1, 2008 12:00 PM
Brody Co., Inc. and Zimmer Development Co. will develop Mayfaire Town Center, a $200 million, 400-acre, mixed-use project in Wilmington, N.C. Ernst &...
Centro Clears Hurdle
Aug 1, 2008 12:00 PM, Elaine Misonzhnik
As it continues to wrestle with a mountain of debt, Centro Properties Group, a poster child of the credit crunch, on Tuesday announced the sale of the first piece of its 106.5-million-square-foot U.S. portfolio...
Starbucks Loses Ground
Aug 1, 2008 12:00 PM
The announcement that coffee giant Starbucks plans to close 600 stores 500 more than CEO Howard Schultz had talked about earlier this year is unwelcome...
In Progress: Prasada Power Centers
Aug 1, 2008 12:00 PM
Location: Surprise, Ariz. Developers: Westcor, WDP Partners and RED Development Size: 1.4 million sq. ft. Anchors: Best Buy, Petco, Target and Wal-Mart,...
Antiwar Protest at the Mall
Aug 1, 2008 12:00 PM
In March on Long Island, N.Y., a man was arrested and removed from a mall when he wouldn't remove an anti-war shirt he was wearing. Now local protest...
Out of Order
Aug 1, 2008 12:00 PM
Nearly a year after it began, the credit crunch gripping financial markets is no closer to resolution. The losses are too large for the market to right,...
Business Deals
Aug 1, 2008 12:00 PM
CB Richard Ellis negotiated the sale of the Boardwalk at Andersen Springs, a 92,231-sq.-ft. neighborhood shopping center in Chandler, Ariz., from BOAS...
Smoldering CMBS
Aug 1, 2008 12:00 PM
When the credit crunch first broke in earnest last fall and froze the U.S. commercial mortgage-backed securities (CMBS) market in its tracks, ...
New South Street
Aug 1, 2008 12:00 PM
General Growth Properties unveiled its vision for a revived and renovated South Street Seaport in New York City....
Features
Shut Down
Aug 1, 2008 12:00 PM, By Elaine Misonzhnik
When rumors surfaced in July that the mid-price department store chain Mervyns was on the brink of entering bankruptcy proceedings, the news hit landlords...
Small Center Transformations
Aug 1, 2008 12:00 PM, By Mike Janssen
The soft real estate market has made investors and lenders wary of backing high-risk ground-up developments. Redevelopments, however, remain in vogue....
Carnival Atmosphere
Aug 1, 2008 12:00 PM, By Jennifer Popovec
It's said confidence is a turn-on. U.S. and Canadian investors drawn to Brazil's retail real estate certainly bears that out. Despite the worldwide economic...
Florida's Sweet Spot
Aug 1, 2008 12:00 PM, By Patricia Kirk
A depressed housing market and record-high gas prices have officially plunged Florida's economy into recession, according to local economists. But a bright...
Management Office
In Your Face
Aug 1, 2008 12:00 PM, Elaine Misonzhnik
They started as a way for college students to connect with their peers without getting off the couch, but today social networking sites are gaining momentum...
After Dark
Aug 1, 2008 12:00 PM, By Elaine Misonzhnik
What happened this summer at the Metrocenter Mall, in Jackson, Miss., was one of the worst nightmares for the center's property manager, Boise, Id.-based...
Expert Q&A: A Changing Landscape
Aug 1, 2008 12:00 PM, CHRIS SCIORTINO Director of Baird Investment Banking
Before the credit crunch, private equity firms were active investors in buying out retailers and real estate companies. That all came to an abrupt halt...
