Vornado Plans a Toys 'R' Us IPO; Cap Rates on Retail Properties Continue to Climb Upward (Tuesday's News & Notes)

There was a lot of interesting news on retail and retail real estate over this holiday weekend. Word on the street is that Vornado Realty Trust, which owns big box toy seller Toys 'R' Us, is looking to cash out on the chain this summer. Meanwhile, Related Cos. head Stephen Ross might end up saving the seemingly doomed Xanadu Meadowlands development in Northern New Jersey. For more on retail and retail real estate follow the links below:

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