HFF arranged a $43 million loan on behalf of a joint venture between Zelman Development Co. and Carltas Co. to refinance The Plaza at Encinitas Ranch, a 145,303-sq.-ft. power center in Encinitas, Calif. A life insurance company funded the loan...
ICSC and Jones Lang LaSalle (JLL) plan to unveil a groundbreaking multinational study that examines the evolution and future of global real estate investment at the 2012 ICSC Retail Real Estate World Summit in Shanghai this September...
Taubman TCBL and Beijing Wangfujing Department Store Co., one of China’s largest department store chains, formed a joint venture for the ownership of a controlling interest in and management of a shopping center to be located at Xi’an Saigao City...
Two years after Simon Property Group lost a chance to recapitalize General Growth Properties (GGP) to Brookfield Asset Management, the showdown looks ready to repeat itself. Claiming that Brookfield has been trying to slowly acquire all of GGP on...
DDR Corp. purchase Tucson Spectrum Shopping Center Phase I and II in Tucson, Ariz. from an affiliate of Barclay Group and Creswin Properties Inc. for $125.4 million. The price works out to $177 per sq. ft...
IKEA submitted plans for a 417,000-sq.-ft. store in Sweetwater, Fla., its second location in South Florida. Pending approvals, construction on the store is scheduled to start in the spring of 2013, with opening expected in the fall of 2014...
In an effort to help Bennigan’s Franchising Company expand its portfolio, the restaurant operator and shopping center owner Brixmor Property Group formed a strategic partnership to market Bennigan’s franchising opportunities at select Brixmor...
U.S. retailers’ store opening plans hit a four-year high in July, setting off hope that a resurgence in new development projects might be just around the corner, according to the August edition of National Retailer Demand Monthly report from RBC...
