Cautious Buyers
May 1, 2008, By Beth Mattson-Teig
The Delaware REIT Fund has not lost its appetite for retail real estate. Despite the deluge of dismal headlines slamming the retail sector, the $107 million...
Simon Says Redevelop
May 1, 2008
Executives at Simon Property Group during a recent earnings call said the firm was delaying construction on some of its projects because of the weak sales...
OUT OF CAROLINA
May 1, 2008, Elaine Misonzhnik
At a time when many developers are postponing their pipelines, a company out of North Carolina is pressing ahead with a project that would put the Mall...
Outsourcing's Smorgasbord
May 1, 2008, By Buck Wargo
The sagging economy has served up a bounty for brokerage houses catering to the retail sector. Firms that specialize in outsourcing real estate management...
Using Its Noodle
May 1, 2008, Jennifer Popovec
Anyone who thinks ramen noodles are only for poor college students should visit wagamama, a United Kingdom-based, full-serve casual restaurant modeled...
DEVELOPMENT BRIEFS
May 1, 2008
Hopkins Real Estate and Rockwood Capital Corp. opened Vernola Marketplace, a 385,000-sq.-ft. retail center in Riverside County, Calif. Champion Retail...
GRAVITATIONAL PULL
May 1, 2008, By Elaine Misonzhnik
Want proof that the retail real estate market is in a slump? The tenants are rebelling. A year ago, everyone was clamoring to open new stores. Both large...
Subprime Spillover
May 1, 2008, By Mike Janssen
Out of necessity, much of the national media's coverage of the country's deepening foreclosure crisis takes a big-picture view, focusing on broad economic...
Commercial Property Holds Steady
May 1, 2008
A new report by Moody's Investors Service indicates that six of the seven commercial property types held their ground at the end of the first quarter....
Emerging Scene
May 1, 2008, Patricia Kirk
A study to find out what motivates international retailers to expand to new markets or not provides insights to the real estate opportunities and challenges...
A Brand Apart
May 1, 2008
The city of Glendale, Calif., received a much-needed upgrade to its retail infrastructure with the May 2 opening of the Americana at Brand, a $400 million...
SOFT LANDING
May 1, 2008, By Elaine Misonzhnik
The past few months have been trying for retail developers. Rent growth has slowed, vacancies are rising and it seems almost every day at least one retailer...
Starbucks' Mass Market Pitch
May 1, 2008
Starbucks CEO Howard Schultz now in his second stint with the firm insists he's returning to the company's roots. But now the firm is adapting mass market...
PROJECTS & PEOPLE
May 1, 2008
Adler Realty Investments Inc. opened the Agoura Design Center, a 120,000-sq.-ft. retail furniture center in Agoura Hills, Calif. Simon Property Group,...
IN PROGRESS: SETTLERS RIDGE
May 1, 2008
Location: Robinson Township, Pa. Developers: CBL & Associates Properties, Inc. and Faison Enterprises, Inc. Size: 600,000 sq. ft. Anchors: Giant Eagle...
A LASTING LEGACY
May 1, 2008, Chuck Green
Citing a retail void in the market, WS Development, in conjunction with National Amusements, in April began construction of Legacy Place, a 675,000-square-foot...
SOUTHERN EXPOSURE
May 1, 2008, By Patricia Kirk
Canadians don't like everything about the United States, but they do love the lower prices. With the Canadian dollar, or Loonie, hitting a high of $1.10...
DETROIT BLUES
May 1, 2008
It's true that Detroit has seen many foreclosures in recent months. But for a city that's suffered economically for years, it's debatable whether this...
Putting on the Brakes
May 1, 2008
The higher gas prices that have been plaguing U.S. consumers since the beginning of the year have started to affect their shopping habits. In March, U.S....
Best of Traffic Court
May 1, 2008
Maudlin Month of March David Bodamer April 10th, 2008 According to ICSC's data, released this morning, chain stores suffered through their worst March...
Cash In Political
May 1, 2008, John Egan
High-end men's clothing shop Heime's Haberdashery soon will be stocking up on white and blue dress shirts, ties and dress shoes. It's not because the...
FINANCE BRIEFS
May 1, 2008
Metropolitan Capital Advisors arranged a $29 million mortgage and a $3.25 million mezzanine loan for the acquisition of three Kroger-anchored shopping...
LEAVING LAS VEGAS
May 1, 2008
Raw data suggest that Las Vegas is the epicenter of the nation's foreclosure meltdown. All but three of the top 13 zip codes hardest hit by foreclosures...
IN PROGRESS: THE SHOPS AT THE ARMORY
May 1, 2008
Location: the Bronx, N.Y. Developer: The Related Cos. Size: 575,000 sq. ft. Cost: $310 million Buzz: Formerly the site of the historic Kingsbridge Armory...
ON THE PROWL
May 1, 2008
As worries continue to spread about rising delinquency rates in the commercial real estate sector, lending institutions around the country are quietly...
