This Friday is not only Valentine’s Day. It is D-day for the Simon/Westfield bid to take over Taubman Centers. Simon has announced that it will abort the takeover by midnight if less than two-thirds of Taubman common...
Media conglomerate Cablevision announced it is exiting the consumer electronics retail business. By the end of second quarter 2003, the company will close its 17 remaining The Wiz stores in New York, New Jersey and...
Simon Property Group wowed Wall Street with its 2002 earnings announcement yesterday. The Indianapolis-based REIT reported an 8 percent increase in funds from operations (FFO) per share, driven by its $1.6 billion...
Simon Property Group says it will acquire its outside partner’s 42 percent interest in the Forum Shops at Caesar’s Palace in Las Vegas for $174 million. Greenwhich, Conn.-based The Gordon Group, Simon’s outside...
Forest City Enterprises, the developer of the 835 Market Street project in downtown San Francisco, and Westfield America, the owner of the San Francisco Centre, today announced a business agreement to integrate...
Forest City Enterprises, the developer of the 835 Market Street project in downtown San Francisco, and Westfield America (ASX: WFA), the owner of the San Francisco Centre, today announced a business agreement to...
In its largest urban redevelopment effort and investment to date, San Francisco-based real estate investment management firm MacFarlane Partners will spend as much as $500 million to buy retail and office space in the...
The International Council of Shopping Centers (ICSC) announced today that Kathleen Nelson, managing director/group leader for the mortgage and real estate division of Teachers Insurance and Annuity Association-College...
Manhattan’s newest landmark has two new partners. San Francisco-based real estate investment management firm MacFarlane Partners, in a joint venture with the California Public Employees’ Retirement System, has entered...
A 380,000 sq. ft. office building in downtown Baltimore has sold for $50 million. Norfolk-Va. Based Harbor Group International (HGI) and a corporate investor bought the property, known as the First Union Tower, as...
