As it moves to rid itself of community centers and other property types in favor of regional malls, Columbus, Ohio-based Glimcher Realty Trust yesterday reported second quarter results, with per-share Funds From...
The Abbey Co. has purchased Catalina Landing, four office buildings in downtown Long Beach, Calif., and the only waterfront office complex in the city. The purchase price was undisclosed...
The industrial-leasing activity in metro Chicago has heated up with Bay Travelgear Inc.’s 650,000 sq. ft. lease of a warehouse facility in Aurora, Ill. The property was developed by Opus North in 1998 and formerly...
Crown American Realty Trust remains a retail REIT underdog in spite of gains in occupancy, funds from operations (FFO) and same-center net operating income (SSNOI) for second quarter 2002. With a portfolio of more...
Though sales are still straggling at Sears, the company managed to beat earnings estimates for second quarter 2002. The Hoffman Estates, Ill.-based retailer’s total revenues declined 0.4% to $10.1 billion, driven...
Oak Brook, Ill.-based Inland Real Estate Acquisitions Inc. has purchased three office buildings in Celebration, Fla., through a sale-leaseback transaction with The Walt Disney World Co. Terms of the deal were not...
Whirpool Corp. has selected Chicago-based Jones Lang LaSalle to provide property management services for 8 million sq. ft. of new distribution centers worldwide and facilities management services for 1.1 million sq...
The parcel of downtown property formerly known as Block 37 will be purchased by the City of Chicago for $32.5 million. The city has reached a purchase agreement with the current owner, FJV Venture, and expects to...
Loan delinquencies in the commercial real estate market are running well below levels in the late 1980s, according to data from the American Council of Life Insurers. Specifically, retail delinquencies are 77% lower...
