Spontaneous Mall Musical
Mar 14, 2008
A comedy troupe managed to pull off a spontaneous musical at the food court at Baldwin Hills Plaza in Los Angeles.
Costco Taking Mall Space
Mar 13, 2008
Mall owners who have lost big department store tenants like Mervyns and Macy's are finding a new savior: Costco Wholesale Corp. Issaquah, Wash.-based Costco, which operates 396 warehouse clubs in the U.S., has opened nine clubs at the former...
Commerce Department Figures Down
Mar 13, 2008
The Commerce Department's monthly figures came out, which showed a --0.6 percent decline. Economists had been expecting a 0.2 percent rise. ...
Not All Retailers Are Cutting Back
Mar 12, 2008
Most of the media's attention in recent weeks has focused on retailers announcing bankruptcies, closings or slowing expansion plans. But not everyone is cutting back. Dick's Sporting Goods, for example, plans to add more stores even while...
WSJ Changes Its Tune
Mar 11, 2008
The Wall Street Journal had reported of late of the problems facing commercial real estate looking largely at the CMBX index, which has signaled huge defaults coming. Goldman Sachs also put a report out predicting just under $200 billion in...
Michigan Jacks Up Taxes on Commercial Property
Mar 11, 2008
If you own property in Michigan, watch out. Your tax bill is about to get a whole lot more expensive. ...
Sale-Leasebacks Big This Year?
Mar 11, 2008
According to the Slatin Report, even while investment sales slow in general, sale-leasebacks may see a rise. ...
Circuit City Continues to Tinker
Mar 11, 2008
Far from its old "stack 'em high, watch 'em fly" approach, struggling electronics retailer Circuit City Stores Inc. hopes its smaller concept stores, widespread cost-cutting and new support services will spark a turnaround despite increasing...
Is Westfield About to Buy a Competitor?
Mar 07, 2008
Talk out of Australia is that Westfield Group is in talks to acquire fellow Australian firm Liberty International and, in the process, become the largest owner of shopping centers in the world. ...
Mall of America's New Pitch for Aid
Mar 07, 2008
The Mall of America is renewing its quest for public financing to pay for part of the $2 billion cost of an expansion that would more than double the size of the Bloomington mall. It's the third time the mall has made a pitch to the Legislature...
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