Home Depot and Snacks
Jul 07, 2005
Shoppers go to Home Depot to buy materials for that home improvement project; not snacks or to fill up the tank. But that may soon change. Starting in December, it will unveil convenience stores with gas stations at four locations around Nashville...
A Full House
Jul 01, 2005
With a slew of neighborhood centers already suffering from dark grocery store anchors, Winn-Dixie Stores Inc.'s decision in June to pull out of 14 markets and close 326 stores was another piece of unwelcome news for many landlords...
Macerich Hires Wilmorite Execs
Jul 01, 2005
In the epilogue to the $2.3 billion deal in which Macerich Co. bought 11 regional malls in the Northeast from Wilmorite Inc., Macerich added five Wilmorite senior executives to help run those properties...
Europeans Buy $2.35b Stake In Westfield
Jul 01, 2005
Westfield Group has issued $2.35 billion in unsecured notes in a multi-currency offering in Europe, including 600 million euros and 600 million pounds sterling. The capital will be used primarily to retire short-term debt, says Peter Lowy...
Circling In On Yields
Jul 01, 2005
Kimco Realty Corp. has been busy this year...
BUSINESS DEALS
Jul 01, 2005
Specialty food store Balducci's is slated to open a 21,000-square-foot supermarket in Washington, D.C., at a mixed-use project called Jefferson at Penn Quarter being developed by JPI. The store will open in late winter or early spring 2006...
MALL WALK: Block 37
Jul 01, 2005
When I was young and growing up in the Chicago suburbs, State Street was indisputably “The Great Street.” The elegant Marshall Fields & Co. was the place to shop and spend the day. Women in white gloves and hats sipped tea there. One dressed...
Costco Headed for Manhattan?
Jul 01, 2005
Costco could be the next big-box retailer to penetrate the dense Manhattan market. The Issaquah, Wash.-based company said it is in negotiations to anchor the proposed 480,000-square-foot East River Plaza on FDR Drive in Harlem. “It's been no...
Steve & Barry's Scores A Hit
Jul 01, 2005
Long Islanders Steve Shore and Barry Prevor met on a bus trip when they were 15. Soon they were selling screen-printed T-shirts at flea markets. Now, 27 years later, they are successful entrepreneurs — and they are getting noticed by landlords...
News & Notes
Jul 01, 2005
Cousins Properties Inc. plans to purchase The Gellerstedt Group — an owner and developer that focuses on urban multi-family projects. Cousins is not acquiring any hard assets or projects, just the company's expertise and staff. Now it will have...
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