January 1, 2006
Departments
MALL WALK: Just Deserts
Jan 1, 2006 12:00 PM, David Bodamer Managing Editor
Walking through Vestar Development's four-year-old Desert Ridge Marketplace I was struck by how a project of this size 1.2 million square feet could consistently...
TRAFFIC PATTERNS
Jan 1, 2006 12:00 PM
MOVING IN Top 10 retailers in shopping centers opened in 2005 Starbucks Coffee29 Locations Avg. Store GLA: 2,300 Avg. Center GLA: 409,400 Quizno's Classic...
EXPERT ANALYSIS: Renewing New Orleans
Jan 1, 2006 12:00 PM, BY RACHELLE LEVITT
After a week-long visit to Hurricane Katrina-battered New Orleans in November, a group of more than 50 Urban Land Institute members, of which I was one,...
Traffic Reports
Breaking The Card
Jan 1, 2006 12:00 PM, Beth Karlin (with reporting by Anne Knowles).
Gift card breakage is complicating retail sales accounting at a time when the plastic money is the gift that keeps on giving. And giving. No, breakage...
Menorah Reversal
Jan 1, 2006 12:00 PM
Developers Diversified Realty changed gears and allowed the display of a 13-foot Hanukkah menorah at the Paseo Colorado mall in Pasadena after criticism...
Net Advantage
Jan 1, 2006 12:00 PM
Retail remains the most widely available product in the net lease world, according to the most recent numbers from The Boulder Group. However, the number...
PROJECTS & PEOPLE
Jan 1, 2006 12:00 PM
Shea Properties, the commercial development and investment arm of the J.F. Shea Co., hired Colm Macken as its new president and CEO. Macken was president...
Terror Aid Extended
Jan 1, 2006 12:00 PM, David Bodamer
Less than two weeks before the 2002 Terrorism Risk Insurance Act (TRIA) was set to expire, Congress ended months of on-again, off-again negotiations and...
Construction Costs Could Cause Delays
Jan 1, 2006 12:00 PM, David Koch
A growing number of retail projects could be put on hold in 2006 as the price of construction materials continues to rise as much as, or more than 2005,...
IN PROGRESS: The Collection At Vanderbilt
Jan 1, 2006 12:00 PM
Location: Naples, Fla. Developer: Woolbright Development Size: 253,000 sq. ft. Rents: Small-shop space will go for $40 per sq. ft. Tenants: The Fresh...
Ho! Ho! Ouch!
Jan 1, 2006 12:00 PM
Stressed-out shoppers in Wiesbaden, Germany, snapped and beat up Stefan Stettler, a department store Santa on his way home for the night after he had...
Katrina Hits CMBS
Jan 1, 2006 12:00 PM, Jennifer Popovec
Hurricane Katrina's impact on CMBS is becoming clearer as times passes and delinquencies rise. The spike in delinquencies due to Katrina became apparent...
Looking Ahead
Jan 1, 2006 12:00 PM
According to Torto Wheaton Research, retail ranks third in returns looking ahead 10 years. Retail ranks ahead of industrial and multi-housing, but behind...
BUSINESS DEALS
Jan 1, 2006 12:00 PM
Cohen Financial secured $162 million in construction financing for Legendary Inc.'s Emerald Grande at HarborWalk Village in Destin, Fla. The project will...
Fair Play
Jan 1, 2006 12:00 PM, David Bodamer
Head honchos at retail REITs have largely sat back and delivered huge returns to their shareholders without richly compensating themselves according to...
Moving On Up
Jan 1, 2006 12:00 PM
Nevada barely edged Arizona as the fastest growing state in 2005. UNITED STATES POPULATION GROWTH Change, 2004 to 2005 Geographic Area July 1, 2005 July...
Trading Space for Stock
Jan 1, 2006 12:00 PM, David Bodamer
Feldman Mall Properties which focuses on renovating and repositioning enclosed regional malls in secondary markets had a dilemma on its hands. Feldman...
MIXED USE: Sarasota Bayside
Jan 1, 2006 12:00 PM
Location: Sarasota, Fla. Developer: Casto Lifestyle Properties, Irish American Partners Architect: HKR Architects/Horan Keogan Ryan - London Total size:...
For Sale At The Mall: A New Home
Jan 1, 2006 12:00 PM
With home sales beginning to cool, home builders are scrambling to move their product. At the Fashion Valley Mall in San Diego, ad agency Bailey Gardner...
Case Study
Red Letter Day
Jan 1, 2006 12:00 PM, By David Koch
Secondary markets are, in fact, afforded secondary status by most developers. But, one, Red Development, has made smaller markets its primary target,...
Features
Make Way For Mezzanine
Jan 1, 2006 12:00 PM, By David Bodamer
The massive popularity of retail real estate and the resulting shrinking cap rates has helped give new life to an old structure: mezzanine financing....
Retail Leads In CMBS Deals
Jan 1, 2006 12:00 PM, By Jennifer Popovec
Retail assets were responsible for the biggest share of CMBS deals in the United States in 2005 and boasted the lowest delinquency rate of all property...
An Ill Wind
Jan 1, 2006 12:00 PM, By Jennifer Popovec
New Orleans-retailer Amanda Sierra didn't celebrate the New Year, not when she's been struggling to deal with the damage wrought by Hurricane Katrina....
Retail Reincarnation
Jan 1, 2006 12:00 PM, By Beth Karlin and David Koch
Treasure Island in San Francisco Bay was home to the Pacific Fleet in World War II. In Washington, D.C., a triangular 1941 building at a busy intersection...
