Phillips Edison & Company purchased Silver State Plaza, a 155,647-square-foot shopping center in Reno, Nev., from PacTrust for $14.7 million. The purchase price includes 35 percent equity and 65 percent in debt through a credit facility...
Circuit City’s decision last week to cancel a planned auction of 154 leases due to lack of bidders could be another troublesome milestone for the rapidly deteriorating retail real estate industry. The market for excess space, once seen as a...
PricewaterhouseCoopers' latest Korpacz Real Estate Investor Survey revealed that cap rates continue to creep upward on all property types. Here are the latest stats on the retail sector.
Updated Dec. 18, 10:00 AM. Correction applied to second paragraph. Original version said Faris Lee advised Mervyns ...
In unorthodox moves, two major retail real estate developers are helping keep Reading, Pa.-based regional department store...
Inland Real Estate Corp. has repurchased $10.5 million in principal amount of its convertible senior notes in a private...