L.J. Melody & Company, the real estate investment banking division of CB Richard Ellis, has arranged $19.37 million in permanent financing for the 176,904-square-foot Rosedale Commons in Roseville, Minn. The center is 98 percent occupied and...
There's a new type of 3-D movie on the horizon: It's the 3-Delivery option. Academy Award winner Steven Soderbergh (Traffic, Ocean's Twelve) and 292 Entertainment will simultaneously release movies in theaters and on television and DVD. Soderbergh...
During the past decade, lifestyle centers have captured the imagination of retail real estate developers, prestigious merchants, consumers and the general and specialist media. The concept has grown in scale, scope and prevalence, expanding far...
The Inland Real Estate Group of Cos. continued its aggressive expansion in May when one of its divisions, Inland Western Retail Real Estate Trust Inc., purchased 13 retail properties from Starwood Wasserman LLC for $383 million. The properties...
First Allied CEO Malcolm Glazer's takeover of esteemed football squad Manchester United was just the latest marriage between sports and retail. Simon Property Group's owners have the NBA's Indiana Pacers. Garden Commercial Properties' Zygmunt Wilf...
If any city has had trouble shedding its old image, it's Pittsburgh. While its reputation for smog and smokestacks lingers, the metropolitan area has quietly entered the 21st century with a diversified economy and a well-educated population...
Bill and Fred Streuver and their friend, Cobber Eccles, began their development business in 1974 by renovating a Baltimore row house bought at a foreclosure sale. But when they put up a For Sale sign, nobody called. That's when they realized they...
After nearly three years of outstanding performance by the retail real estate business, executives at the annual ICSC convention in Las Vegas were talking almost wistfully about the end of the good old days. Someday soon, they say, this cycle has...
Starwood Hotels & Resorts Worldwide Inc. was on a mission. Making its ICSC convention debut in full force last month, the hospitality chain was eager to do business. In fact, it prebooked 100 meetings with developers to find projects for which...