More Store Closings in the Works (Friday's News & Notes)
Mar 25, 2011
Blockbuster revealed this week that it will reject 150 leases, in addition to the 220 it had already canceled, according to The Street. The company was previously facing threats of eviction from some of its landlords because it was late on rents...
BJ's, Leonard Green in Talks (Thursday's News & Notes)
Mar 24, 2011
The streak of private equity firms going after retailers continues, with Leonard Green & Partners signing a confidentiality agreement with BJ's Wholesale Club, according to Supermarket News. ...
Are We About to See Major Mergers/Acquisitions Among CRE Brokerage Firms?
Mar 22, 2011
Last night, Grubb & Ellis announced it hired a financial advisor in JPM Securities to explore strategic alternatives, including a possible sale of the company, Bloomberg reports. According to company chairman Michael Kojaian, Grubb & Ellis...
Top Walmart Exec Talks Turnaround Plans (Monday's News & Notes)
Mar 21, 2011
In the past few months, retailing giant Walmart has come under scrutiny for lackluster sales, with some experts claiming that its era of dominance in the U.S. market was over. Walmart is apparently aware of the problem and is taking steps to fix...
Borders Gets More Time to Mull Lease Decisions (Thursday's News & Notes)
Mar 17, 2011
Landlords anxious to know whether their centers will be affected by the Borders reorganization will have to wait a little...
GGP Focuses on Pruning its Portfolio (Friday's News & Notes)
Mar 12, 2011
Now that Sandeep Mathrani has assumed the post as GGP's new CEO, he plans to further clean out the REIT's portfolio. Mathrani...
Wealthy Individual Investors Set Sights on CRE (Thursday's News & Notes)
Mar 10, 2011
As commercial real estate values recover, wealthy individual investors are following institutional capital in chasing real...
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