Shopping Center Revenue Idea: User Fees?
Mar 19, 2009
Here's a fascinating idea--it looks like CBL & Associates Properties and Benchmark Group are charging shoppers a 1.06 percent "public user fee" on purchases at the Hammock Landing project in West Melbourne, Fla., that the two firms recently...
Survey Projects More Downside for Commercial Real Estate
Mar 18, 2009
The U.S. commercial real estate market is bad and investors expect it to get a whole lot worse, according to a closely followed survey by PricewaterhouseCoopers. "As investors painfully watch the value of their assets decline, many feel troubled...
Walgreens Plans to Buy N.J.'s Drug Fair, Close 11 Stores
Mar 18, 2009
Walgreen Co. plans to acquire the Somerset-based Drug Fair company, closing at least 11 of the stores and putting the Walgreen's name on others, according to a memo distributed to Drug Fair employees this morning. Speculation about a possible...
Which Stores Might Close Next?
Mar 18, 2009
Forbes ...
GGP's Lenders Waive Default; REIT Asks for Further Forbearance
Mar 17, 2009
General Growth seems to have struck a major breakthrough with lenders. Lenders have waived default on a $2.58 billion credit...
Ackman Makes Bid to Get on Target Board
Mar 17, 2009
William Ackman sure has been busy in the retail real estate world of late. His named has popped up in the ongoing General...
Ackman Makes Bid to Get on Target Board
Mar 17, 2009
William Ackman sure has been busy in the retail real estate world of late. His named has popped up in the ongoing General...
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