Common Cause
Jan 1, 2004, Sterling McGregor
Last May, Passco facilitated the sale of City of Industry, Calif.'s Puente Hills Mall via a tenant in common transaction. Thirty one investors, mainly...
REITs Go Shopping, But What About Consumers?
Dec 17, 2003
Mall REITs finished up their holiday shopping this week. Vornado Realty Trust purchased Paramus, N.J.'s 900,000-square-foot Bergen Mall from Simon Property...
Two Ways To Take Europe
Dec 1, 2003, Brannon Boswell
European retail development, once prohibitively expensive for U.S. real estate companies, now looks promising. Simon, for one, is upping its ante with...
Glimcher Back In The Game
Sep 1, 2003, Howard Reill
After a five-year hiatus, Columbus, Ohio-based REIT Glimcher Realty Trust is buying malls again. With the acquisition of WestShore Plaza Mall from Grosvenor...
Mills Buys Great Mall of Bay Area For $265.5 Million
Aug 5, 2003
Mills Corp. announced it is buying Silicone Valley, Calif.'s Great Mall of The Bay Area from Swerdlow Real Estate Group. The $265.5 million deal will...
REITs Clean House
Aug 1, 2003, Howard Riell
Is another WorldCom or Enron hidden among the ranks of REITs? Corporate accounting scandals have made some investors wary of big public companies, but...
General Growth Same-Store NOI Up 6.5 Percent
Jul 30, 2003
Chicago-based General Growth Properties reported a 6.5 percent increase in second-quarter, same-store NOI on top of an industry-leading 6.4 percent increase...
The Creed of Speed
Jul 1, 2003, By Curt Hazlett
It's easier to win a recording contract on American Idol than it is to get a good deal on a shopping center these days — if you're buying, that is. Institutional...
GE Capital To Sell $1.2 Billion Stake in Regency Centers
Jun 12, 2003, Brannon Boswell
Security Capital Group, a unit of GE Capital, is taking advantage of high retail REIT stock prices and unloading its 55 percent stake in Jacksonville,...
General Growth Announces $869 million in Acquisitions
May 30, 2003, Brannon Boswell
General Growth Properties, Inc. announced agreements to acquire a 100 percent interest in both Saint Louis Galleria in St. Louis, MO, and Coronado Center...
