Saks Shoe Dept. Gets ZIP Code
May 29, 2007
Saks Fifth Avenue says its new shoe department is so big and fancy it's getting its own ZIP code. ...
Monitoring Mallrats
May 26, 2007
With all the talk of curfews lately, a local NBC affiliate monitored mall rats and got some interesting findings. ...
Developers Becoming Gang Green
May 24, 2007
The 2007 ICSC Spring Convention will go down as the year sustainable design went mainstream. Dozens of developers were talking of their first significant steps towards adopting green techniques in upcoming projects. And the sense of excitement...
Heard on the Floor
May 24, 2007
As the real estate industry's focus shifts away from traditional single-use properties to mixed-use projects, department stores are having a hard time adjusting to their loss of power, according to Sheldon Halpern, an attorney with Pircher...
Private Equity Shop Finds Its Niche
May 23, 2007
Legacy Capital Partners, a small private equity firm based in Lyndhurst, Ohio, is happy to stand out from the financial crowd. While many real estate funds routinely raise $500 million or more of equity to acquire properties, Legacy Capital...
The Hot 100
May 23, 2007
The fastest 100 hours of the year are now over. ...
Heard on the Floor
May 22, 2007
With competition for established retailers more intense, the Macerich Company has launched a new program called Mac 50 to improve communication and feedback between Macerich and 50 of its biggest tenants on what the retailers are looking for in a...
Industry Not Worried About April Sales Figures
May 22, 2007
One of the single-biggest reasons behind the continued strength of retail real estate has been that despite a series of shocks to the system--wars in Afghanistan and Iraq, the housing, exploding gas prices, deadly hurricanes, and on and on...
Is Bigger Better?
May 22, 2007
Much of the talk on the floor during Day 1 of the ICSC Spring Convention revolved around the larger than ever Leasing Mall that now contains 2 million square feet and spreads exhibitors across three halls rather than two. That extra 500,000 square...
Pacific Castle's Ethnic Retailing Strategy Backed By New Fund
May 22, 2007
Recognizing that ethnic shopping centers provide a highly attractive investment opportunity, Prudential Real Estate Investors has entered into a joint venture with Pacific Castle to acquire retail properties in the western U.S. Known as PIM...
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