Luxury retailer Coach Inc. forged an alliance with General Growth Properties Inc., promising about half of the retailer's store openings over the next two years. In all, the agreement totals 35 “deals in principle” and will include opening about...
Although a household name when it comes to residential mortgages, Countrywide Financial Corp. is a newcomer to lending on commercial real estate. But just 18 months into its venture, it has already grown its business to rival many of the major...
Simon Property Group, Inc. completed an offering of $800 million of senior notes by its operating partnership subsidiary, Simon Property Group, L.P. The offering consisted of $400 million of 5.75 percent notes due 2012 and $400 million of 6.10...
On the eve of last year's ICSC Convention in Las Vegas, CoStar sealed a deal to purchase mall data supplier National Research Bureau from publisher VNU. To hype the industrial/office data company's move into the retail market, CoStar hired a model...
In a watershed event for both firms, ShopKo Stores Inc. and Spirit Finance reached an $815.3 million sale/leaseback deal in early May. It positions ShopKo to pursue aggressive expansion plans while bolstering Spirit as a growing force in the net...
One session at the Spring Convention, billed as “Permanent Financing Outlook,” focused exclusively on what all the participants regarded as a temporary phenomenon: a lending environment that has become detached from the realities of industry...
Orlando, Fla.-based National Retail Properties, formerly known as Commercial Net Lease Realty Inc., was having an identity crisis. After years of snapping up CVS locations and Circle K convenience stores, and leasing the properties back to the...