Andre Johnson, son of Magic Johnson, was working the ICSC for Canyon Johnson Urban Properties, the development group that has invested in a series of inner-city projects. The company has just nailed down another $600 million in funds, which...
As if the pace of investment sales of retail real estate properties weren't already frenetic, now brokers are coming up with new methods to accelerate the action. The new systems include a hybrid sealed bid/live auction setup from Sperry Van Ness...
Mall companies are going back to their roots as and massively growing the industry’s development pipeline, whether they are trendy concepts like urban projects, lifestyle centers and mixed-use complexes or the bread-and-butter neighborhood and...
It’s déjà vu time again in Las Vegas, where there seems to be a permanent Rat Pack soundtrack playing — you can’t enter an elevator or almost any indoor space without hearing Frank or Deano or Keely Smith or another 1950s swinger on the Muzak. The...
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-mall and in-store TV is an idea whose time has come—again. A decade after special mall-based TV networks came (and largely went), they are making a comeback. At the ICSC Convention in Las Vegas today, Urban Retail Properties Co. will unveil a...
What started as a behind-the-scenes buyout offer has bubbled into a public war as Agree Realty Corp., a small retail REIT owning primarily single-tenant properties in 15 states, mostly in the Midwest, has spurned a third offer from privately-owned...
The $815.3 million sale/leaseback deal between ShopKo Stores Inc. and Spirit Finance Corp. announced this morning is a watershed event for both firms--positioning ShopKo to pursue aggressive expansion plans while bolstering Spirit as a growing...
In the past three days Federated Department Stores has agreed to sell 20 stores, putting it more than halfway to its goal of shedding 80 stores that were made redundant by its merger with May Department Stores. Simon Property Group and Macerich Co...