A Win for Westfield?
Jan 1, 2003, David Sokol
On Dec. 18, the Lower Manhattan Development Corporation (LMDC) unveiled nine proposals by seven teams for redesigning the World Trade Center site. And...
Mills-ifying the Regional Mall
Jan 1, 2003, By Brannon Boswell
For the past 16 years, it seemed that everything Mills Corp. touched turned into an entertainment and leisure destination. Today, however, Mills is recognizing...
New WTC Designs Unveiled
Dec 19, 2002, — David Sokol
Yesterday, the Lower Manhattan Development Corporation unveiled designs for the World Trade Center site by some of the world’s best-known and most innovative...
Simon targets independentTaubman shareholders
Dec 17, 2002, —Staff & wire reports
Simon Property Group has filed a proxy statement calling for a special meeting of Taubman Centers shareholders. At the proposed meeting, Simon would attempt...
Will Simon’s bid for Taubmansucceed in round three?Wall Street weighs in
Dec 11, 2002, — staff & wire reports
Wall Street is divided as to how successful Simon’s continued attempts to acquire Taubman Centers will be. Today, Taubman’s board of directors unanimously...
Mills to buy six malls for $621 million, and expand further in U.S. and abroad
Dec 10, 2002, — David Sokol
Mills Corp. has purchased six malls and one community center for $621 million. Five of the six super-regional malls included in the deal were purchased...
Glimcher’s new focus: regional malls
Dec 10, 2002, — staff & wire reports
Wal-Mart is no longer a lead tenant for Columbus, Ohio-based REIT Glimcher Realty Trust. In a push to refocus its strategy on regional malls, Glimcher...
REITs go shopping for other REITs
Dec 1, 2002, Brannon Boswell
This Christmas season mall owners are doing their own last-minute shopping seeking more mergers and property acquisitions in a new wave of consolidation...
Kimco JV acquiresKonover Property Trust
Nov 26, 2002, — staff & wire reports
Hoping to grow its management and advisory business, Kimco Realty Corp. acquired Raleigh, N.C.-based Konover Property Trust late last week. On Friday,...
Mall REITs: slow sales aren’t stopping tenants from renewing leases,paying higher rents
Nov 26, 2002, — staff & wire reports
Retailers are shelling out higher rents and renewing leases for 2003 despite dawdling sales, according to comments made by top mall REIT brass during...
