Washington's "Heart and Soul"
Dec 19, 2007
Speculation about the fate of the site of the old convention center in Washington D.C. has been rampant for years. It finally looks like a deal is in place. ...
DLC, Edens & Avant Close Deal
Dec 19, 2007
Tarrytown, NY-based DLC Management, a private retail real estate owner, has just grown its portfolio by 1.57 million square feet with a 16-shopping center portfolio deal. Edens & Avant sold the portfolio to DLC for an undisclosed amount in...
Good News from Best Buy
Dec 19, 2007
Given all the gloom and doom about the holiday shopping season, Best Buy's third quarter numbers come as a pleasant surprise. ...
Related's $1.4B Cash Injection
Dec 18, 2007
On Monday, Related Cos., the developer behind the Time Warner Center in New York, said it had received a capital infusion of nearly $1.4 billion from companies including the investment arm of the Abu Dhabi government and Goldman Sachs. At a time...
Another Round of Centro Coverage
Dec 18, 2007
Centro Properties Group stock fell another 40 percent in trading today in Australia, closing at A80.5 cents. Investors have sold off about 85 percent of the company's market value over two days, leaving with a market capitalization today of just A...
Leaving Old Clothes Behind
Dec 18, 2007
An odd result of the recent surge of Canadians crossing into the U.S. to hunt for bargains (thanks to the Canadian dollar's strength against the U.S. dollar) has been a rise in Canadians dumping their old clothes in mall parking lots after buying...
Westroads Von Maur to Reopen Thursday
Dec 18, 2007
The department store where a teen gunman went on a rampage will reopen Thursday, about two weeks after the shootings, company officials said. The Von Maur store at Westroads Mall will hold a brief ceremony in memory of those killed and hurt...
Missives from the Holiday Shopping Season
Dec 17, 2007
With Christmas now just eight days away, it's becoming clearer that the holiday season is living up to the lackluster expectations. ...
Parking Fines
Dec 17, 2007
USA Today has a story about how some retailers in Britain deal with crowded parking lots by ...
Centro Hit by Credit Crunch
Dec 17, 2007
The big news out of Australia this morning is that Centro Properties Group, which is one of the largest owners of neighborhood and community centers in the U.S., revealed that it is having problems refinancing a $1.1 billion bridge loan from...
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