How hungry are real estate investors for yield these days? Take a look at what shopping center REIT Kimco Realty Corp. is doing. The New Hyde Park-based company, with a 116-million-square-foot retail portfolio has turned to net-leased industrial...
ShopKo Stores Inc. signed a merger agreement to be acquired by an affiliate of Sun Capital Partners, who -- for the moment -- appears to have beaten out its chief rival, Goldner Hawn Johnson & Morrison, in the race to buy the Midwest-based...
Retail Traffic will begin running a list each month of the biggest and/or most innovative mixed-use developments that include retail as an important component. Send project news to bkarlin@primediabusiness.com.
Equity One Inc. last night formalized its pursuit of DIM Vastgoed N.V., a Dutch company that owns 17 properties in the southeast, by submitting a buyout offer of $20.50 per share in cash -- for a total of about $200 million. But, like its failed...
Ground Zero's retail prospects became clearer last Thursday after New York State officials said that the latest plan calls for about 550,000 square feet of shopping space to be developed in and around the site. The news followed the announcement...
Balancing briefcases and steaming cups of coffee, commuters stream onto the train waiting at the Plano Station in suburban Dallas. The riders are just starting their morning routine, having taken the short walk from their nearby homes. Within 40...
J.H. Snyder Co. and Ezralow Co. sold Bella Terra in Huntington Beach, Calif., for $228 million to DJM Capital Partner Inc. The previous owners began transforming a decaying mall into an open-air lifestyle center. The redevelopment project will...
With the immediate crises raised by Hurricane Katrina now past, attention is focusing on rebuilding New Orleans and Biloxi and Gulfport, Miss., and surrounding areas. That will surely mean disputes between landlords, tenants, insurers and the...