Westcor: A milestone buy for Macerich
Jul 1, 2002, Steve Lewis
Macerich Co. has signaled its intent to join the major leagues of mall developers with its May 30 announcement of a deal to pay $1.475 billion for a collection...
Hines sells in Dallas, bids retail goodbye
Jun 1, 2002, Ben Johnson
Houston-based Hines is selling its last major retail property, the 3.8 million-sq.-ft. Dallas Galleria. The move comes more than two years after Hines...
Macerich fortifies West Coast franchise with Westcor purchase
May 31, 2002, — staff and wire reports
The rumors from ICSC’s 2002 Spring Convention were proved true today when The Macerich Co. officially announced its purchase of Westcor — due to finalize...
SURPLUS PROPERTY: Reviving dark space
May 1, 2002, Beth Mattson-Teig
Retail is struggling to cope with yet another wave of store closings. Large chains including Kmart, Charming Shoppes, The Museum Co. and Frank's Nursery & Crafts are shuttering units because of lackluster sales. Other big names ranging from Toys “R” Us to Albertson's are shedding stores as they revamp market strategies to remain competitive in a challenging economy......
Edens & Avant, Samuels & Associates to buy 40 Konover & Associates shopping centers
Mar 15, 2002, Staff and wire reports
Samuels & Associates and Edens & Avant today announced plans to buy 40 of 60 shopping centers owned by Farmington, Conn.-based Konover & Associates. Most...
Separate companies offer to buy Konover & Associates, Konover Property Trust
Mar 15, 2002, Staff and wire reports
Two different joint ventures today announced bids to acquire most or all of the shopping center assets of Farmington, Conn.-based Konover & Associates...
Inside the deal: Inland Retail’s $316 million Thomas Enterprises transaction
Feb 21, 2002, Staff and wire reports
Inland Retail Real Estate Trust, a part of Chicago-based The Inland Group Inc., made headlines with its recent purchase of more than 2.9 million sq. ft....
Simon, Rouse and Westfield to buy Rodamco’s North American assets for $5.1 billion
Jan 14, 2002, Joel Groover
New York —Three of the biggest players in retail real estate plan to jointly acquire the North American assets of Netherlands-based real estate giant...
STRIP CENTER UPDATE: Steady, but for how long?
Jun 1, 2001, Beth Mattson-Teig
SURPLUS SPACE: Creative conversions
May 1, 2001, John Frantz
The aging of American properties, combined with ongoing shifts in retail and consumer demographics, is leaving a trail of vacancies across the country....
