Ghosts of ICSC Past
Jun 1, 2006
It was d vu time again in Las Vegas, where there seems to be a permanent Rat Pack soundtrack playing you couldn't enter an elevator or almost any indoor...
The Ghost of ICSC Past
May 23, 2006, By Geoff Lewis
It’s déjà vu time again in Las Vegas, where there seems to be a permanent Rat Pack soundtrack playing — you can’t enter an elevator or almost any indoor space without hearing Frank or Deano or Keely Smith or another 1950s swinger on the Muzak. The sprawling Las Vegas Convention Center may also be playing these tunes, but you can’t hear it over the enthusiastic din of what the ICSC says is a record crowd — 46,000 — for its annual spring convention. ...
Shying Away
May 1, 2006, By Steve Bergsman
Convinced that valuations have peaked, fund managers are moving away from retail...
Singling Out Net Lease
May 1, 2006, By Bernard J. Haddigan
Despite capital shifts, single-tenant net-lease properties remain in demand...
Propping Up C-Stores
Apr 1, 2006, By Jennifer Popovec
Investors are braving risky convenience store investments for better returns...
Grounds for Contamination
Mar 15, 2006
Fuel accounted for 60 percent of the $400 million c-store revenue last year—according to the National Association of Convenience Stores. But the stores make only pennies on the gallon, with average revenue of $80,000 a week, and there is plenty of pressure from competing retail sectors. Moreover, the fuel tanks add what could be an expensive environmental concern from leaking fuel tanks or gas spills....
Private Equity Firms Likely Buyers for Lord & Taylor, Parisian
Jan 19, 2006
It's that time of year again, when, following the success or failure of the critical holiday season, retailers evaluate their future strategies. That often leads to big changes and this year is no exception: Saks Inc. and Federated Department Stores Inc. both have decided to lighten their loads, putting the Parisian and Lord & Taylor chains, respectively, up for sale. ...
Glimcher, Oxford Properties Ring In New Year With Joint Venture
Jan 5, 2006
The New Year started with the continuation of one of 2005's biggest trends as Columbus, Ohio-based Glimcher Realty Trust became the latest U.S. REIT to pair up with a foreign pension fund. Unlike its cohorts, however, Glimcher didn't look down under to Australia. Instead, it tapped the Great White North and has partnered with Oxford Properties Group, a real estate company owned by the Ontario (Canada) Municipal Employees Retirement System (OMERS). ...
Cap Rates Finally Begin to Diverge
Dec 15, 2005
At the height of the retail real estate feeding frenzy investors had to pay the same cap rates for assets across the country regardless of location or quality. But observers say in recent months things have cooled a bit and that for the first time in a while the price difference on Class A and Class B assets and prices in primary and secondary markets is growing. ...
Queasy Rider
Dec 1, 2005, By David Bodamer
Fasten your seat belts. It's about to be a bumpy year Real estate developers have been operating on cruise control for five years, raking in money without...
