February 1, 2008
Departments
Editor's Letter: What's Going On?
Feb 1, 2008 12:00 PM, David Bodamer Editor-in-Chief Retail Traffic Magazine
Here at Retail Traffic we're constantly trying to gauge the temperature of the market. That's become increasingly challenging given the schizophrenia...
Traffic Patterns
Feb 1, 2008 12:00 PM
UNHAPPY NEW YEAR Retail REITs started 2008 where 2007 left off with steep declines in stock prices. RETAIL REIT SCORECARD Symbol Price* 52-weekHigh Chg...
Traffic Reports
Coming Soon: Mall Musical
Feb 1, 2008 12:00 PM
MTV is looking to recreate Disney's hit High School Musical with a new series set in a mall. The title? The American Mall. The project is from High School...
CMBS Hang Out on a Limb
Feb 1, 2008 12:00 PM, David Bodamer
The Commercial Mortgage Securities Association held its annual Investors Conference the first week in January in South Beach, Fla., at a particularly...
GGP Strikes Back at Debt Critics
Feb 1, 2008 12:00 PM
In light of the debt troubles at Centro Properties Group, General Growth Properties has become the subject of rumors that it too would have problems refinancing...
Projects & People
Feb 1, 2008 12:00 PM
Madison Marquette and Canuso Communities formed a joint venture to acquire more than 370 acres of land in Harrison Township, N.J., for the development...
Change at the Top
Feb 1, 2008 12:00 PM, Elaine Misonzhnik
With a Feb. 15 deadline to pay off or refinance $3.5 billion in short-term debt exactly one month away, embroiled Australian listed property trust Centro...
Trouble Ahead
Feb 1, 2008 12:00 PM, Elaine Misonzhnik
The 2007 holiday season proved to be a dismal one for U.S. retailers, crashing hopes that the months-long weakness in same-store sales was a temporary...
In Progress: World Trade Center Retail
Feb 1, 2008 12:00 PM
Location: New York City Developers: The Port Authority of New York & New Jersey and the Westfield Group Size: 488,000 sq. ft. Cost: $1.45 billion Buzz:...
Target, Mizrahi Part Ways
Feb 1, 2008 12:00 PM
Target Corp. and Isaac Mizrahi are ending their contract after partnering for five years on the Isaac Mizrahi for Target collection. During his stint...
Business Deals
Feb 1, 2008 12:00 PM
Pacific Coast Capital Partners, LLC and Dunhill Partners formed a joint venture to acquire the Fountains on the Lake, a 589,201-sq.-ft. retail center...
Venti or Supersize?
Feb 1, 2008 12:00 PM
Would you like fries with that latte? Get used to hearing that question possibly at your neighborhood McDonald's. The largest fast-food chain in the U.S....
Vacancies Inch Up
Feb 1, 2008 12:00 PM
The vacancy rate for U.S. neighborhood and community centers rose 20 basis points during the fourth quarter of 2007 according to Reis Inc. the eleventh...
Best of Traffic Court
Feb 1, 2008 12:00 PM
Retail Real Estate's Outlook David Bodamer January 11th, 2008 Newsweek has a doozie of an article up right now predicting major doom and gloom for retail...
Mixed-Use: Baum-Liberty
Feb 1, 2008 12:00 PM
Location: Pittsburgh Developer: DOC-Economou Size: 708,000 sq. ft. of retail and office, 120 hotel rooms and 150 residential units Cost: $230 million...
Features
Cash is King
Feb 1, 2008 12:00 PM, By Elaine Misonzhnik
After staying away from new acquisitions for the better part of 2007, Santa Monica, Calif. based REIT Macerich Co. started the new year with a bang. On...
Regional Mall Makeovers
Feb 1, 2008 12:00 PM, By David Bodamer and Riccardo A. Davis
The great wave of regional mall construction occurred more than 20 years ago. That means many formerly dominant properties are desperately in need of...
Waiting for the Light
Feb 1, 2008 12:00 PM, By Elaine Misonzhnik
Bed Bath & Beyond is determined to press ahead with its expansion plans for 2008, which calls for more than 70 new store openings, including 60 Bed Bath...
Short Stacks
Feb 1, 2008 12:00 PM, By Jennifer Popovec
Wall Street continues to convulse from the sub-prime fallout more than $90 billion in value had been wiped off banks' books by mid-January. One group...
Management Office
On High Alert
Feb 1, 2008 12:00 PM, Elaine Misonzhnik
In December, mall security returned to the spotlight when a suicidal teen entered the Westroads Mall in Omaha, Neb., killing eight people and wounding...
Property tax Smack-Down
Feb 1, 2008 12:00 PM, By Buck Wargo
A hot retail market comes with a price. Property taxes on all sorts of retail real estate have jumped substantially in the past four years; today they...
Expert Q&A: Contextualizing the Fall
Feb 8, 2008 12:00 PM, Sam Chandan Chief Economist, Reis Inc.
For each of the past 11 quarters, Reis Inc. has reported a rise in vacancy rates at neighborhood and community shopping centers. In addition, vacancies...
