Bush League No More
Jun 1, 2007, By Elaine Misonzhnik
When P. Evan Farahnik, principal of real estate investment and acquisitions firm StarPoint Commercial Properties, LLC, first entered the retail real estate arena 15 years ago, he was a firm believer in investing in primary markets only....
EXPERT Q&A: Setting Up Shop
Jun 1, 2007, Michael Tesler
Retail Traffic: How does today rate as a time for developing new concepts? Is there demand for new retail? Tesler: It's very dangerous to answer a question that broad. If you've got all your stuff together, if you have the right concept at the right time in the right place with the right customer, it is a good time....
Retail Lender List
Jun 1, 2007
A year ago it seemed interest rates were finally on the rise as 10-year Treasuries crept above 5 percent and seemed destined to move even higher. Today the notes are actually priced less than they were at the same time last year....
Developers Going Green
Jun 1, 2007, David Bodamer
The 2007 ICSC Spring Convention will be remembered as the year sustainable design went mainstream. Dozens of developers were talking of their first significant steps toward adopting green techniques in upcoming projects...
How's It Going?
May 1, 2007
The biggest red flag is the crashing housing market, but in spite of that, GDP is projected to continue growing in 2007 and 2008. ...
Money In The Middle
May 1, 2007, By Beth Mattson-Teig
Retail owners and developers are discovering that the once exclusive mezzanine market is now an open playing field. No longer are mezzanine loans exclusive to large borrowers that can absorb hefty transaction costs...
Head of the Class
May 1, 2007
How do you stack up against your peers? Here is the most recent data on retail REIT CEO compensation. ...
Free Popcorn!
May 1, 2007
To help revive sagging attendance at the Grand Lake Theater in Oakland, the owners have decided to dole out free popcorn (including refills) on Mondays through Thursdays with the price of admission....
A Retail Icon Sounds Off
May 1, 2007, David Bodamer
Though he's 85 years old and years removed from managing the day-to-day operations of the company he founded, A. Alfred Taubman rattles off industry statistics at the drop of a hat....
Waiting To Deal
May 1, 2007
Are private equity buyers finally growing weary of retail takeouts? Coming off a record year in 2006, when private equity buyouts of retail operations reached more than $55 billion...
PROJECT BRIEFS
May 1, 2007
Villa Muse and Carpenter & Associates will develop a $1.5 billion, 681-acre mixed-use project in Austin, Texas. ...
What Happens in 2009?
May 1, 2007
Sam Zell (fresh out of the REIT game after the sale of Equity Office Properties to Blackstone Group), told the crowd at a REIT symposium that commercial real estate had two more good years in it before trouble hits...
Feldman's Foibles
May 1, 2007, Jennifer Popovec
The smallest regional mall REIT is suddenly raising a lot of eyebrows. When Feldman Mall Properties Inc., a regional mall REIT with seven malls totaling about 7 million square feet, postponed its year-end earnings release for a second time on Mar. 30...
Tale of the Tape
May 1, 2007
Retail Traffic conducted an (admittedly unscientific) study comparing the two venues. Ordering the same items at both places a cheeseburger, a salmon burger, a veggie burger and four cupcakes yielded somewhat different results....
Smoke, No Fire, Yet.
May 1, 2007, Jennifer Popovec
Rumors of a merger between Chattanooga, Tenn.-based CBL & Associates Properties Inc. and Philadelphia-based Pennsylvania Real Estate Investment Trust appear to be just that....
$500 Million in the Bank
May 1, 2007, Patricia Kirk
Regency Centers has closed a $500-million equity fund deal, to help allay shareholders concerns that the Florida-based retail REIT is overextended. ...
Put Up Your Dukes
May 1, 2007, By Elaine Misonzhnik
Last year, a tenant exclusivity dispute that drew national attention was resolved only after a Superior Court judge heard testimony from a seasoned chef....
IN PROGRESS: The Village At Queensridge
May 1, 2007
Location: Summerlin, Nev. Developers: Peccole Nevada Corp. and Executive Home Builders Architect: Moss DG A/E Size: 700,000 sq. ft. including boutique shops, cinemas, luxury condos and office space in a mixed-use setting...
REAPing Rewards
May 1, 2007, By Riccardo A. Davis
In March, Carla Merritt, president and CEO of La Droit Park Development Co., secured a $3 million, 10-year contract with the Government Services Administration to handle the leasing of 8,000 square feet of retail space....
Money for Building
May 1, 2007, Patricia Kirk
Cedar Shopping Centers, Inc. has formed a joint venture with Homburg Invest, Inc., a Canadian real estate corporation, to expand its portfolio of grocery-anchored shopping centers....
FINANCE BRIEFS
May 1, 2007
Thomas Properties Group, Inc. increased its public offering to 8 million shares of its common stock, at $16.00 per share, an increase from a previous offer of 7 million shares....
The Gift of Plastic
May 1, 2007, By Beth Mattson-Teig
In a relatively short time gift cards replacing gift certificates of old have grown to be an $80 billion business. The vast majority of cards are store-branded....
Midwest Hookup
May 1, 2007
Oakbrook, Ill.-based REIT Inland Real Estate Corp. and North-brook, Ill.-based Pine Tree Institutional Realty, LLC are forming a joint venture to develop shopping centers in the midwestern United States....
Time To Build
May 1, 2007
Has there ever been a better time to be a developer of retail real estate? Valuations on retail properties keep rising, despite repeated claims that things couldn't possibly get any better....
Seeing Double
May 1, 2007, Elaine Misonzhnik
In a bizarre case of a business partnership gone sour, what seems like a fairly unique idea a diner specializing in burgers and cupcakes has resulted in two nearly identical operating businesses in New York City...
