Store Closings Likely to Top 5,000 in 2012
Nov 10, 2011, By Elaine Misonzhnik, Senior Associate Editor
The uncertain economy is likely to contribute to thousands of store closings in 2012....
The Have and Have-Not World of Retail
Nov 8, 2011, By Victor Calanog, Contributing Columnist
Recovery in the retail sector has lagged overall, but some sectors have performed better than others. ...
Macerich Secures $200M Mortgage on California Mall
Nov 7, 2011, Staff Reports
The Macerich Co. secured a $200 million first mortgage from Prudential Mortgage Capital. ...
Vestar Buys The District at Green Valley Ranch in Las Vegas Area for $79M
Nov 7, 2011, Staff Reports
Vestar Development buys 384,107-sq.-ft. center near Las Vegas for $79 million....
Macy’s to Start $400M Renovation of its Flagship Herald Square Store
Nov 4, 2011, Staff Reports
Macy's Inc. will start a $400 million, four-year renovation of its Manhattan flagship store....
Retail Real Estate Pros Laud Trader Joe’s Upsized Aspirations
Nov 3, 2011, By Elaine Misonzhnik, Senior Associate Editor
Trader Joe's is looking to up its average store size. ...
Kimco Closes $1.75B Unsecured Revolving Credit Facility
Oct 31, 2011, Staff Reports
Kimco Realty Corp. closed a $1.75 billion unsecured revolving credit facility to replace existing U.S. and Canadian facilities....
JLL Completes Construction on New Uniqlo Stores in Manhattan
Oct 28, 2011, Staff Reports
Jones Lang LaSalle provided construction project management for Uniqlo's new flagship in Manhattan....
CMBS Issues Drove Down Retail Sales Volume in Third Quarter
Oct 26, 2011, By Elaine Misonzhnik, Senior Associate Editor
Investment sales volume in the third quarter of 2011 came in below second quarter numbers....
CBRE Sells 150,000-SF Trophy Retail Asset for $128 Million
Oct 26, 2011, Staff Reports
Invesco Real Estate Advisors has purchased 350 Washington Street, one of downtown Boston’s premier, high-traffic retail assets, from Real Estate Capital Partners....
Occupy Wall Street Raises Questions About Privately-Owned Public Spaces
Oct 26, 2011, By Elaine Misonzhnik, Senior Associate Editor
The ongoing occupation protests in New York have raised questions about privately-owned public spaces....
STORE Capital Completes $105M Sale/Leaseback with O'Charley's Inc.
Oct 24, 2011, Staff Reports
STORE Capital completed a sale/leaseback on 50 O'Charley's restaurants in a $105 million transaction....
Partnership Plans New Outlet Center in Florida's Palm Beach County
Oct 21, 2011, Staff Reports
A real estate partnership bought an 80-acre site for the development of the first outlet center in Palm Beach County....
Lackluster Retail Fundamentals No Cause for Concern, Researchers Say
Oct 20, 2011, By Elaine Misonzhnik, Senior Associate Editor
Retail rents and vacancies remained flat in the third quarter, according to data from several research firms....
The Future of Drugstores: Operators Broaden Offerings to Capture Market Share
Oct 18, 2011, By Elaine Misonzhnik, Senior Associate Editor
The major drugstore chains are experimenting with new formats and product lines....
