Manhattan Retail Rents Rose Big Time in 2007
Dec 14, 2007
Manhattan real estate rental prices jumped significantly during the past year, increasing 26% to $133 a square foot, according to a report released this week by the Real Estate Board of New York. Every neighborhood surveyed in the report showed...
Shunning the National for the Local
Dec 14, 2007
If you've ever been to Scottsdale, Ariz., you can picture what this story is talking about. The downtown is full of mom-and-pop stores hawking Western-themed wares. In some ways it reminds me of Old Town San Diego, except the stores in Scottsdale...
Volume of Commercial/Multifamily Debt Hits $3.2T
Dec 14, 2007
The MBAA today released its analysis of third quarter Federal Reserve Board Flow of Funds data looking at outstanding commercial and multifamily debt. The organization says the level of commercial/multifamily mortgage debt outstanding grew by 2.8...
JLL Buys The Standard Group
Dec 13, 2007
Meant to blog this earlier. Jones Lang LaSalle made another acquisition, buying the Standard Group. ...
Commerce Department: November Sales Surged
Dec 13, 2007
The Commerce Department's monthly retail sales report carried some unexpected good news: Retail sales rose quite a bit. Sales were 1.2 percent higher than the previous month and 6.3 percent over the same month last year. ...
Living at Mall of America
Dec 11, 2007
A reporter in Minneapolis set out on an interesting challenge--to live in the Mall of America for one week. He kept a diary of that experience. ...
Paramus Park Drill
Dec 11, 2007
This story details exactly the kind of things diligent mall managers do on a regular basis--coordinate efforts with local police, run drills and make sure that first responders can get in and out of a mall as quickly and efficiently as possible. ...
Topshop to Open First U.S. Store
Dec 11, 2007
Via CoStar: ...
Levitz, CompUSA to Liquidate
Dec 10, 2007
In recent days two retailers have announced plans to shut all their stores (joining Bombay Co., which announced plans to shut all its stores last month.) ...
Retail REIT Execs Remain Upbeat
Dec 10, 2007
Some of the largest U.S. shopping center owners and operators remain largely unconcerned that the ongoing credit crisis and consumer-spending slowdown will lead to plummeting occupancy rates and slumping values for their properties. Rather...
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