July 1, 2008
Departments
Editor's Letter: Inflated Expectations
Jul 1, 2008 12:00 PM, David Bodamer Editor-in-Chief Retail Traffic Magazine
Our cover story this month (p. 20) looks at how rising grain prices have provided an unexpected boost in sales and profits to grocers, wholesale clubs...
Traffic Patterns
Jul 1, 2008 12:00 PM
Retail REITs took a step back in June with every firm posting declines since our last update. RETAIL REIT SCORECARD Symbol Price* 52-week High Chg 52-week...
Traffic Reports
Not Part Of The Equation
Jul 1, 2008 12:00 PM, Elaine Misonzhnik
Jones Lang LaSalle Inc.'s proposed $613 million acquisition of Addison, Texas-based real estate advisory firm the Staubach Co., which would create the...
Green Banking
Jul 1, 2008 12:00 PM
Seattle-based architecture firm Callison worked with the U.S. Green Building Council to developed two new models designed for retailers: LEED for Retail...
Vinyl Rules!
Jul 1, 2008 12:00 PM
There have always been audiophiles that worship vinyl. But you can't get those records in just any store. However, they are around if you know where to...
Projects & People
Jul 1, 2008 12:00 PM
Stoneridge Centre Partners opened Phase I of Stoneridge Towne Centre in Moreno Valley, Calif. The project contains 518,000 sq. ft. of retail space. AWE...
In Progress: University Town Center
Jul 1, 2008 12:00 PM
Location: Sarasota, Fla. Developers: Taubman Centers, Inc., the Forbes Co. and Benderson Development Size: 900,000 sq. ft. Completion: November 2010 Buzz:...
Centro's Lifeline
Jul 1, 2008 12:00 PM, Elaine Misonzhnik
Struggling shopping center operator Centro Properties Group, one of the most high-profile victims of the credit crunch, remains afloat as its creditors...
Atlantic Yards Clears Supreme Hurdle
Jul 1, 2008 12:00 PM
The U.S. Supreme Court in late June declined to hear an appeal from a group of property owners and tenants facing eviction to make room for a new New...
Fun in the Sun
Jul 1, 2008 12:00 PM
Capri Capital Partners LLC has inked a deal to develop a $2 billion mixed-use project in Saudi Arabia's new city, King Abdullah Economic City (KAEC)....
Fresh New Face
Jul 1, 2008 12:00 PM
Fresh Market unveiled its new concept at Edens & Avant's Forest Park in Greenville, S.C. The exterior features a brick facade and wrought-iron columns....
Business Deals
Jul 1, 2008 12:00 PM
Renaissance Victorville LLC appointed Faris Lee Investment as the exclusive marketing agent for Renaissance Center, a 132,363-sq.-ft. shopping center...
Northern Star
Jul 1, 2008 12:00 PM, Elaine Misonzhnik
Worried about the state of the domestic retail market, Kimco Realty Corp., a New Hyde Park, N.Y.-based shopping center REIT, is going after the pocketbooks...
In Progress: The Golden Triangle
Jul 1, 2008 12:00 PM
Location: Murrieta, Calif. Developers: The Garrett Group and Domenigoni-Barton Properties Size: 1.3 million sq. ft. Completion: Fall 2009 Buzz: Located...
Tough Times Coming
Jul 1, 2008 12:00 PM, Elaine Misonzhnik
The U.S. commercial property market will avoid the massive troubles crippling the single-family housing sector but will face hard times in the coming...
Down by the Marketside
Jul 1, 2008 12:00 PM
Wal-Mart revealed details of its first new banner in more than a decade. The firm's Marketside concept seems squarely aimed to compete with Tesco's rapidly...
Another Step for Taubman
Jul 1, 2008 12:00 PM, Jennifer Popovec
Taubman Centers Inc. has scored a win against the town of Oyster Bay in its 13-years-and-counting quest to develop a luxury shopping center on the former...
Bitter Medicine
Jul 1, 2008 12:00 PM
After reporting another lackluster month of sales in May, with same-store comparisons down 14 percent from a year ago, San Francisco-based Gap Inc. is...
Top Secret
Jul 1, 2008 12:00 PM
Sears Holding Corp. very quietly opened two new Kmart concept stores in Illinois. The stores are organized to make them easier to shop, including tactics...
Features
Good as Gold
Jul 1, 2008 12:00 PM, By Elaine Misonzhnik
It was a news blast worthy of the Great Depression at the end of April, Costco and Sam's Club, among other retailers, suddenly slapped rations on U.S....
2008 Top Contractors
Jul 1, 2008 12:00 PM
For the second straight year Little Rock, Ark.-based VCC topped both the shell and interior space rankings as part of our annual look at the top contractors...
Perfectly Priced?
Jul 1, 2008 12:00 PM, By Jennifer Popovec
After a dismal performance in 2007 that ran into this year, REIT stocks are once again on the ascent, posting a three-month rally. As of early June, the...
Boston's Trade Winds
Jul 1, 2008 12:00 PM, By Elaine Misonzhnik
As real estate pundits continue to discuss which U.S. cities are best positioned to withstand the economic downturn, Boston ranks near the top of the...
Management Office
School Ties
Jul 1, 2008 12:00 PM, Elaine Misonzhnik
As high-density development becomes a popular trend, more and more universities are exploring the possibility of building mixed-use projects on their...
A Personal Shopper
Jul 1, 2008 12:00 PM, By John Egan
At the intersection of Cornwell Drive and Maple Avenue in the southern New Jersey town of Bridgeton...
Energy Savings Shine Brightly
Jul 1, 2008 12:00 PM, By Hortense Leon
Thermal storage, solar power, energy-efficient lighting, better air-conditioning systems and computerized monitoring systems are just a few of the energy-...
Expert Q&A: Food for Thought
Jul 1, 2008 12:00 PM, HERB WALTER Partner PricewaterhouseCoopers
Food prices have risen across the globe sparking unrest and protest in some areas. In the U.S., the reaction has not been that acute, but it has changed...
