Investments RSS http://retailtrafficmag.com/investments/ en-us RECon 2012: A Return to Normalcy http://retailtrafficmag.com/investments/trends/recon_2012_return_normalcy_05242012 At ICSC's RECon 2012 there was optimism. There were full halls. And, most importantly, deals were getting done. trends Thu, 24 May 2012 10:57:00 EDT Retailers, Developers Seek to Exchange Best Practices as Globalization Ramps Up http://retailtrafficmag.com/investments/analysis/retailers_developers_best_practices_05222012 Globalization brings along with it challenges as companies have to learn the vagaries of new markets, including local customs and tastes, different laws and lease structures and exposure to new risks. analysis Tue, 22 May 2012 12:43:00 EDT Attendees Expect 2012 RECon to Be the Best One Since 2007 http://retailtrafficmag.com/investments/trends/attendees_expect_2012_recon_best_05202012 Retail real estate professionals are starting this year’s RECon conference with a sense of optimism. trends Sun, 20 May 2012 07:06:00 EDT Lifestyle Centers Launch a Comeback http://retailtrafficmag.com/investments/trends/lifestyle_centers_comeback_05172012 Poag & McEwen and DRA Advisors paid $55 million for Tennessee lifestyle center. trends Thu, 17 May 2012 11:58:00 EDT Las Vegas Walgreens Garners a Record-Breaking $1,736 Per SF Price http://retailtrafficmag.com/investments/deals/las_vegas_walgreens_record_breaking_price_05152012 The triple net lease features a 10 percent rent increase every 10 years. deals Tue, 15 May 2012 11:38:00 EDT HFF Secures $60M Loan for Next Phase of Southlake Town Square http://retailtrafficmag.com/investments/deals/hff_secures_60M_loan_southlake_05082012 Phase V will feature 310,711 sq. ft. of space. deals Tue, 08 May 2012 15:36:00 EDT Retail Investors and Developers Explore Cross-Border Opportunities http://retailtrafficmag.com/investments/trends/retail_investors_devlopers_border_opps_05092012 The global recession pushed many investors to the sidelines. Now that capital is back with a vengeance looking for a place to land, and some firms are moving beyond their own borders to clinch deals. trends Tue, 08 May 2012 07:17:00 EDT Cole Buys 121,000 SF of Retail from Vornado in $23.2M Transaction http://retailtrafficmag.com/investments/deals/cole_buys_retail_from_vornado_for_23m_05012012 The deal involved properties in Florida and California. deals Tue, 01 May 2012 14:50:00 EDT Core Assets Sell, Middle Market Properties Linger, Investment Sales Brokers Say http://retailtrafficmag.com/investments/trends/middle_market_properties_linger_04262012 Buyers remain wary of tenant issues at class-B and class-C centers. trends Thu, 26 Apr 2012 13:43:00 EDT CBL Pays $108.7M for Stakes in Two Outlet Centers http://retailtrafficmag.com/investments/deals/cbl_pays_108m_for_outlet_centers_04232012 The deal included the assumption of more than $70 million in debt. deals Mon, 23 Apr 2012 15:38:00 EDT Vornado’s Retail Dispositions Should Help the REIT Regain Lost Luster http://retailtrafficmag.com/investments/analysis/vornado_dispositions_help_regain_luster_04192012 The REIT plans to start selling its regional malls and non-core strip centers. analysis Thu, 19 Apr 2012 12:45:00 EDT Marcus & Millichap Closes $19M Shopping Center Sale in New Jersey http://retailtrafficmag.com/investments/deals/marcus_millichap_19m_sale_newjersey_04162012 The institutional grade shopping center features ShopRite as its anchor tenant. deals Mon, 16 Apr 2012 12:42:00 EDT Walker & Dunlop Arranges $90M Loan for Hunt Valley Towne Center http://retailtrafficmag.com/investments/deals/walker_dunlop_90m_loan_hunt_valley_04102012 Wegman's Food Market anchors the property. deals Tue, 10 Apr 2012 13:52:00 EDT Retail REITs Continue to Prune Portfolios http://retailtrafficmag.com/investments/analysis/retail_reits_prune_portfolios_04052012 Retail REITs have picked up where they left off in 2011 and are continuing to right-size portfolios. analysis Thu, 05 Apr 2012 11:59:00 EDT DDR Buys out JV Partners at Two Shopping Centers http://retailtrafficmag.com/investments/deals/ddr_buys_out_partners_04042012 DDR has bought out its JV partner at centers in Portland, Ore. and Phoenix. deals Wed, 04 Apr 2012 09:56:00 EDT Inland Announces Flurry of Deals http://retailtrafficmag.com/investments/deals/inland_flurry_deals_04022012 Inland Real Estate Acquisitions Inc. and Inland Real Estate Corp. announced acquisitions of retail assets. deals Mon, 02 Apr 2012 14:03:00 EDT Kimco Buys Partial Interest in Ottawa Shopping Center for $16.5M http://retailtrafficmag.com/investments/deals/kimco_partial_interest_ottawa_center_03262012 The center is part of Kimco’s new joint venture with the center’s existing owner, North American Property Group. deals Mon, 26 Mar 2012 14:37:00 EDT Glimcher to Buy Out Blackstone on Pearlridge Center in Hawaii http://retailtrafficmag.com/investments/deals/glimcher_pearlridge_blackstone_03222012 Glimcher Realty Trust plans to purchase the 80 percent indirect ownership interest in 1-million-sq.-ft. Pearlridge Center in Honolulu, Hawaii from affiliates of Blackstone Real Estate Partners VI. deals Thu, 22 Mar 2012 09:20:00 EDT Simon to Conduct Common Stock, Senior Notes Offerings to Pay for Mills, Klepierre Transactions http://retailtrafficmag.com/investments/deals/Simon_Offerings_Pay_Off_Transactions_03122012 The common stock offering will include 7,000,000 shares and the senior unsecured notes offering $1.5 billion. deals Mon, 12 Mar 2012 11:56:00 EDT Simon to Acquire Stake in Klépierre; Buys Out Mills JV Partner http://retailtrafficmag.com/investments/deals/simon_klepierre_mills_transactions_03082012 Simon announces two major deals. One gives it full control of Mills. The other bolsters its presence in Europe. deals Thu, 08 Mar 2012 10:20:00 EDT Inland Western Closes $650M Credit Facility http://retailtrafficmag.com/investments/deals/inland_western_closes_credit_facility_03052012 Inland Western closed on a $650 million credit facility which replaces the company’s existing $585 million secured credit facility. deals Mon, 05 Mar 2012 14:58:00 EDT Rouse Plays a Risky Business http://retailtrafficmag.com/investments/analysis/Rouse_risky_business_03012012 The REIT's strategy of focusing on class-B centers could make it hard for it to deliver NOI growth. analysis Thu, 01 Mar 2012 12:16:00 EDT Rouse Properties Buys its First Mall http://retailtrafficmag.com/investments/deals/rouse_buys_first_mall_02282012 The company bought Grand Traverse Mall in Michigan. deals Tue, 28 Feb 2012 11:22:00 EDT Slow and Steady to Remain the Theme in Investment Sales Market This Year http://retailtrafficmag.com/investments/trends/slow_steady_theme_investment_sales_02232012 Deal volume will match or exceed 2011 levels. trends Thu, 23 Feb 2012 11:22:00 EDT Equity One Closes $200M Unsecured Term Loan http://retailtrafficmag.com/investments/deals/Equity_One_secures_200M_loan_02212012 The seven-year loan can be expanded to $250 million. deals Tue, 21 Feb 2012 13:02:00 EDT Westfield/CPPIB Joint Venture Signals Strong Interest in Fortress Malls http://retailtrafficmag.com/investments/deals/westfield_CPPIB_jv_signals_interest_malls_02162012 The joint venture transaction marks the biggest investment in U.S. retail real estate year-to-date. deals Thu, 16 Feb 2012 11:19:00 EDT Canada Pension Plan Investment Board Pays $1.8B in Equity for Stake in Westfield’s Centers http://retailtrafficmag.com/investments/deals/CPPIB_stake_Westfield_malls_02152012 CPPIB will pay $1.8 billion in equity and will assume property-level debt in exchange for a 45 percent ownership stake. deals Wed, 15 Feb 2012 12:31:00 EDT Phillips Edison Closes $94.5M in CMBS loans on Centers in Ohio and Arkansas http://retailtrafficmag.com/investments/deals/phillips_edison_94M_cmbs_02132012 Phillips Edison's Strategic Investment Fund I targets opportunities created by the credit crunch. deals Mon, 13 Feb 2012 12:12:00 EDT Louisville’s Springhurst Towne Center Trades for $78M http://retailtrafficmag.com/investments/deals/springhurst_center_trades_78M_02062012 The Louisville, Ky.-based center sold for almost twice its price in 2009. deals Mon, 06 Feb 2012 12:12:00 EDT Cedar Realty Closes on $300M Senior Secured Credit Facility http://retailtrafficmag.com/investments/deals/Cedar_300M_secured_facility_01302013 The transaction included a $75 million term loan and a $225 million revolving credit facility. deals Mon, 30 Jan 2012 12:41:00 EDT Glimcher Closes $77M Loan on Town Center Plaza in Kansas http://retailtrafficmag.com/investments/deals/glimcher_77M_loan_kansas_01232012 Glimcher Realty Trust retires a loan it used to purchase the property in 2011. deals Mon, 23 Jan 2012 12:04:00 EDT Blackstone/DDR Acquisition Signals Appetite for Portfolio Deals in the Retail Sector http://retailtrafficmag.com/investments/analysis/blackstone_ddr_acquisition_appetite_portfolio_deals_01192012 Institutional buyers want quality shopping center portfolios, but good deals are hard to find. analysis Thu, 19 Jan 2012 12:21:00 EDT Rouse Becomes Independent http://retailtrafficmag.com/investments/deals/rouse_becomes_independent_01172012 Rouse started trading on the New York Stock Exchange as a REIT that specializes in class-B malls. deals Tue, 17 Jan 2012 11:57:00 EDT Blackstone, DDR Form JV to Acquire EDT Retail Portfolio for $1.4B http://retailtrafficmag.com/investments/deals/blackstone_ddr_edt_deal_01102012 Blackstone and DDR have formed a joint venture to acquire 46 shopping centers. deals Tue, 10 Jan 2012 17:55:00 EDT CBL Closes $383M in Financing Transactions http://retailtrafficmag.com/investments/deals/CBL_financing_383M_01032012 In December, CBL & Associates closed four loans with institutional banks and conduit lenders. deals Tue, 03 Jan 2012 13:17:00 EDT Taubman Completes $560M Purchase http://retailtrafficmag.com/investments/deals/taubman_comletes_560M_purchase_12292011 Taubman Centers completed its $560 million purchase of three retail assets. deals Thu, 29 Dec 2011 09:46:00 EDT Whitestone REIT Buys Phase I of Pinnacle of Scottsdale for $29M http://retailtrafficmag.com/investments/deals/whitestone_buys_pinnacle_scottsdale_29M_12272011 Whitestone REIT buys its fifth community center in North Scottsdale area. deals Tue, 27 Dec 2011 11:45:00 EDT Phillips Edison Amends $211M Credit Facility http://retailtrafficmag.com/investments/deals/phillips_edison_amens_211M_facility_12192011 Phillips Edison removed principal acceleration payments and reduced the interest rate on the $211 million facility. deals Mon, 19 Dec 2011 13:45:00 EDT Winn-Dixie, Bi-Lo to Merge http://retailtrafficmag.com/investments/deals/winn_dixie_bi_low_merge_12192011 Two of the South's largest grocery chains, Winn-Dixe and Bi-Low, have announced a blockbuster merger. deals Mon, 19 Dec 2011 12:16:00 EDT Tennessee’s Pinnacle at Turkey Creek Trades Hands for $131.7M http://retailtrafficmag.com/investments/deals/pinnacle_turkey_creek_change_hands_12122011 CBRE Group Inc. closed what it says is one of the most expensive trades of an open-air retail center in the U.S. this year. deals Mon, 12 Dec 2011 13:46:00 EDT Industry Pros Expect Stable, But Stagnant, Year Ahead For Retail Real Estate http://retailtrafficmag.com/investments/trends/pros_expect_stagnant_year_12082011 Economic uncertainty and choppy financing environment bode for slow growth in 2012. trends Thu, 08 Dec 2011 09:00:00 EDT National Retail Properties Prices Its Stock Offering http://retailtrafficmag.com/investments/deals/national_retail_properties_prices_stock_offering_12072011 National Retail Properties priced its common shares at $25.75 apiece. deals Wed, 07 Dec 2011 14:53:00 EDT Federal Realty Closes $275M Unsecured Term Loan http://retailtrafficmag.com/investments/deals/federal_closes_275M_term_loan_11282011 deals Mon, 28 Nov 2011 12:11:00 EDT HFF Arranges $125M Refinance of Meadowood Mall http://retailtrafficmag.com/investments/deals/hff_arranges_refinancing_11162011 HFF's arranging of a $125 million refinancing leads the week's roundup of financing and investment deals. deals Wed, 16 Nov 2011 09:43:00 EDT Vestar Buys The District at Green Valley Ranch in Las Vegas Area for $79M http://retailtrafficmag.com/investments/deals/vestar_thedistrict_lasvegas_79M_11072011 deals Mon, 07 Nov 2011 14:56:00 EDT Kimco Closes $1.75B Unsecured Revolving Credit Facility http://retailtrafficmag.com/investments/deals/Kimco_175B_credit_facility_10312011 deals Mon, 31 Oct 2011 12:53:00 EDT CMBS Issues Drove Down Retail Sales Volume in Third Quarter http://retailtrafficmag.com/investments/trends/cmbs_drove_down_sales_volume_third_quarter_10272011 trends Wed, 26 Oct 2011 15:51:00 EDT CBRE Sells 150,000-SF Trophy Retail Asset for $128 Million http://retailtrafficmag.com/investments/deals/cbre_sells_asset_10262011 Invesco Real Estate Advisors has purchased 350 Washington Street, one of downtown Boston’s premier, high-traffic retail assets, from Real Estate Capital Partners. deals Wed, 26 Oct 2011 14:54:00 EDT STORE Capital Completes $105M Sale/Leaseback with O'Charley's Inc. http://retailtrafficmag.com/investments/deals/store_capital_sale_leaseback_ocharleys_10242011 deals Mon, 24 Oct 2011 11:26:00 EDT GGP Refinances Four Malls for a Total $966M http://retailtrafficmag.com/investments/deals/GGP_refinances_fourmalls_966M_10172011 deals Mon, 17 Oct 2011 11:15:00 EDT