As it continues to wrestle with a mountain of debt, Centro Properties Group, a poster child of the credit crunch, on Tuesday announced the sale of the first piece of its 106.5-million-square-foot U.S. portfolio for $714 million to an unnamed...
The soft real estate market has made investors and lenders wary of backing high-risk ground-up developments. Redevelopments, however, remain in vogue. Entitlements are secured. Buildings and parking lots are in place. And existing tenants...
Consumers are checking discretionary spending and, seemingly everyday, new retailers come out with announcements that they are filing for bankruptcy, shuttering stores and constraining expansion plans. As a result, construction is coming to a...
As retailers shift into high gear for the all-important back-to-school shopping season, mall owners and operators looking to...
As it continues to wrestle with a mountain of debt, Centro Properties Group, a poster-child of the credit crunch, on Tuesday...
The announcement that coffee giant Starbucks plans to close 600 locations--500 more than its CEO Howard Schultz had talked...
