Can't Stop, Won't Stop
Nov 1, 2006, By David Bodamer
This was supposed to be the year the retail REIT rally finally ended. Cap rates on retail properties have held steady (and even risen in some markets) for the first time since 2001...
Tesco Tiptoes
Nov 1, 2006
When U.K. supermarket operator Tesco PLC announced in February that it would invest $472 million a year to establish a beachhead in the U.S., it tried to allay fears that it would further complicate the Darwinian struggle in the supermarket business...
DDR's Sunshine Deal
Nov 1, 2006, Riccardo A. Davis
In late October, Developers Diversified Realty Trust, sprung on the largest retail real estate deal in two years by reaching an agreement to purchase Inland Retail Real Estate Trust Inc....
Beauty Pageant
Nov 1, 2006, Elaine Misonzhnik
On Oct. 5, Kohl's Corp. opened 65 new stores. The following day, J.C. Penney Corp. opened 20 new locations of its own. In both cases, the moves represented company records for the largest one-day rollout....
EXPERT Q&A: Leveling effect
Nov 1, 2006, Andy Frankl President of IBEX Construction
In the projects we've been doing we are seeing a lot of new restaurants, a lot of food stores and many, many high-end boutiques along Fifth Avenue and high-end corridors in cities. So retail will do pretty well if interest rates don't go back up....
Glass Reborn
Nov 1, 2006, By Beth Karlin
In the center of a once war-torn town, the Jerde Partnership has designed a sparkling new mixed-used project with a retail component that incorporates the most modern and unique use of glass products and technology ...
Copying Kinko's
Nov 1, 2006
Office supplies giant Staples, Inc. has beaten the competition, topping rivals Office Depot and OfficeMax to become the largest office supplies retailer. So the company management has set its sights on new competition: Kinko's. ...
Mystery Science
Nov 1, 2006, By Riccardo A. Davis
mall owners themselves are increasingly turning to the mystery shopping firms that serve their tenants in order gauge the level of services at the mall-level....
Power Plants
Nov 1, 2006, By Marc Hequet
What is it about abandoned power plants that retail developers find attractive? Ask the Cordish Co....
EDITOR'S LETTER: REITs Suddenly in a Buying Mood
Nov 1, 2006, David Bodamer
Suddenly, in the past four months, a new merger wave has begun to build. On a single day in July Kimco Realty Corp. announced an agreement to purchase Pan Pacific Properties and Centro Watt forged a deal to buy Heritage Property Group...
Baskin in the Glow
Nov 1, 2006, Elaine Misonzhnik
With the growing popularity of so-called super premium ice cream chains like Cold Stone Creamery, Marble Slab and MaggieMoo's, more established chains like Hagen-Dazs and Baskin-Robbins are being forced to adapt. ...
Bouncing Back
Nov 1, 2006
Americans armed with more cash to spend due to falling gas prices are expected to pump it back into shopping malls, bolstering projections for the holiday shopping season...
TRAFFIC PATTERNS
Nov 1, 2006
STACKING UP Friedman Billings Ramsey research compares strip center REITs by the average demographics surrounding existing properties. ...
BUSINESS DEALS
Nov 1, 2006
Cohen Financial secured $152 million in debt refinancing for Cornerstone Leased Drug Stores, LLS for 42 freestanding Walgreen's properties in major metropolitan areas across the country. ...
Kimco Strikes Again
Nov 1, 2006
Before its last big deal could even close, Kimco Realty Corp. announced another. ...
Googling the Mall
Nov 1, 2006
Part of the allure of online shopping is that it eliminates the commonplace annoyance of going to a store to pick up the specific item only to find it's out of stock...
IN PROGRESS: Retail On J
Oct 1, 2006
Buzz: The project continues the development around the San Diego Padres' PETCO Park. The project will include 26,000 sq. ft. of shops on the ground floor of The Legend residential tower; ...
Looking Good
Oct 1, 2006
The Charlotte, N.C. retail real estate market will have a stable year in 2006, says the National Retail Research Report from the Marcus & Millichap Real Estate Investment Brokerage Company....
IN PROGRESS: Westfield London
Oct 1, 2006
Buzz: The project, which will be the largest shopping center in London, will feature four anchors and 265 specialty shops including flagship stores for Marks and Spencer, Debenhams, Waitrose and Next....
SOUTHEAST BRIEFS
Oct 1, 2006
New Orleans — based PMAT Real Estate Investments, LLC acquired CocoWalk, a 200,000-square-foot lifestyle center in Miami, Fla., for $87 million from Thor Gallery at CocoWalk, LLC....
Reverse Gold Rush
Oct 1, 2006, By Patricia L. Kirk
many native Californians are being priced out of the housing market and seeing their jobs moved to other states....
All Mixed Up
Oct 1, 2006, Elaine Misonzhnik
Mixed-use has come to make up a significant chunk of the retail development business, especially in urban areas, but lenders are still trying to figure out how to get their heads around financing the complicated projects....
Event Planners
Oct 1, 2006, By Elaine Misonzhnik
Regional malls have come a long way when it comes to event programming. It used to be the Easter Bunny, Santa Claus and maybe a local bake sale. But today malls are hosting elaborate concert tours, using their common areas as venues to promote new products and holding community events to build goodwill with shoppers...
Gray Lady Goes Shopping
Oct 1, 2006
The New York Times opened its second branded bookstore in September. The store, which is a joint venture with Paradies Shops, opened at the Delta Air Lines Terminal at New York's La Guardia Airport...
Shaq Attacks Mixed-Use
Oct 1, 2006
Fresh from winning his fourth NBA title, Shaquille O'Neal is making an aggressive play into commercial real estate. ...
