Simon Says China's Next
Aug 01, 2005
In an escalation of its international growth, Simon Property Group Inc. became the first U.S. retail developer to commit to the fastest-growing economy in the world as it joins forces with Morgan Stanley Real Estate Fund and SZITIC Commercial...
The Electric Slide
Aug 01, 2005
All you need to know about the growing crisis in controlling energy costs is that Wal-Mart Stores Inc. — hardly a progressive company — has been experimenting with environmentally friendly and energy-conscious concepts...
REITs Get Cloudy
Aug 01, 2005
A two-week rally in July sent the Morgan Stanley REIT Index up 6 percent, bringing the increase so far this year to 12.3 percent — compared with a 1.9 percent decline for the Dow Jones Index. But the perception does not fit the reality, some...
BUSINESS DEALS
Aug 01, 2005
Escrow closed on an 86-acre parcel in Chula Vista, Calif., to be developed into an 867,000-square-foot regional lifestyle center by General Growth Properties Inc. Named the Otay Ranch Town Center, it is the third phase of a mixed-use community...
Friends in High Places
Aug 01, 2005
How do you grow in 12 years to become the third largest retail real estate owner with over 470 properties? With money, and lots of it. You can always go to the public market and issue stock, but investors can be fickle. That is why for the past 10...
August 1, 2005
Aug 01, 2005
The Australians Are ... Here
Jul 21, 2005
Galileo America LLC, a U.S.-based joint venture backed by Australian capital, has emerged with 121 shopping centers totaling 16.7 million square feet after transactions with New Plan Excel Realty Trust and CBL & Associates Properties Inc....
Vornado, Related Win New York Post Office Contract
Jul 21, 2005
The development teams behind Time Warner Center in Columbus Circle and the Bloomberg Building in Midtown Manhattan have won the right to redevelop New York City's Farley Post Office into a new transit-oriented urban hub with retail, office and...
REITs Get Cloudy
Jul 14, 2005
A two-week rally has sent the Morgan Stanley REIT Index up 6 percent, bringing the increase so far this year to 11.7 percent -- compared with a 2.5 percent decline for the Dow Jones Index in the same time. Sounds good, especially since the REIT...
Guilty Verdict: Kelo vs. New London
Jul 07, 2005
The recent Supreme Court ruling that permitted condemnation of private property for economic development might seem to be just what developers wanted. But readers of Retail Traffic gave a clear thumbs-down to the idea, saying that the ruling...
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