For outlet centers, Florida truly is the Magic Kingdom. With the largest tourist destination in the world and an average of 1,000 people moving here daily, there is no shortage of retail customers...
Another blockbuster deal shows that theater chains are working their way out of a screen glut -- and that bodes well for retail property owners banking on movies to draw traffic into their properties. AMC Entertainment Inc., the second-largest U.S...
Chicago-based commercial real estate service firm Jones Lang LaSalle has hired a new CEO. Colin Dyer, 51, who is now CEO of WorldWide Retail Exchange, will become the next CEO of the 17,000-employee firm on Sept. 7. Jones Lang LaSalle manages...
Taubman Centers is spending $105 million to acquire an additional 23.6 percent interest in Tampa's International Plaza, bringing the REIT's total stake in the mall to 50.1 percent...
In a nod to the booming luxury segment, the owners of Barney's New York are pondering a sale of the upscale department store chain. Bay Harbor Management and Whippoorwill Associates have retained Morgan Stanley and Peter J. Solomon to guide the...
In a stealth development program involving only a few executives, Office Depot quietly reinvented the office supplies retail model in the past year. The first of its Millennium 2 format stores, which the chains says are less expensive to open...
JCPenney is relying on performance clothing to differentiate itself from competitors. The Plano, Texas-based retailer has introduced a washable suit and a wrinkle-free cotton dress shirt at its stores in recent years. Both products were developed...
It is a simple fact that regional and super regional shopping centers are over assessed and over taxed. In the Chicago area, for instance, real estate taxes on these properties can go as high as $20 per square foot for in-line mall space. That's...