What's New In Net
Jan 01, 2004
As the new year begins, the net lease market remains strong on the demand side. The supply side, however, is another story. The Boulder Group believes that the number of available net leased properties of all types has reached a ten-year low...
LOUISIANA'S SECOND CITY
Jan 01, 2004
Sixteen percent of all new jobs statewide were created in nearby Baton Rouge in 2003, according to Loren Scott, an LSU economist. And personal income among Baton Rouge residents is expected to increase as much as 4.8 percent by 2005. Developers...
Common Cause
Jan 01, 2004
Last May, Passco facilitated the sale of City of Industry, Calif.'s Puente Hills Mall via a tenant in common transaction. Thirty one investors, mainly 1031 exchangers, put up an average of $1.5 million each to acquire the $148 million mall. More...
MALLWALKING DESERT STYLE
Jan 01, 2004
“I usually see them in groups early in the morning,” says Judy Martin, a frequent shopper at the Chandler Fashion Center, an indoor/outdoor regional mall in the Phoenix Valley town of Chandler, Ariz. They come young or old, coupled or alone, with...
Cleaning Up Abercrombie
Jan 01, 2004
Now that Abercrombie & Fitch has scrapped its racy magalog, analysts suggest the retailer hire a celebrity endorser for its spring 2004 ad blitz, like Gap did with its successful Madonna campaign. Which stars could help the chain get back in...
Follow the STAR
Jan 01, 2004
Downtown Wichita's Arkansas River isn't much of a tourist attraction, but wait three or four years. If all goes as planned, the blighted waterfront will become 30 acres of mixed-use development called WaterWalk — a $138 million bet that urban...
Vornado Rediscovers Retail
Jan 01, 2004
Vornado Realty Trust is responding to Manhattan's pent-up demand for big-box retail with plans to convert as much as 300,000 square feet of office property to accommodate the oversized chains. “Vornado will likely combine street-level and second...
Heard on the floor at ICSC's 2003 New York Conference & Dealmaking
Jan 01, 2004
Forest City Ratner has high hopes for the Brooklyn Atlantic Yards, a megaproject (a right) designed by Frank Gehry with six acres of parks. It would include retail, offices, apartments — and, if New York-based developer Bruce Ratner has his way —...
PROJECTS & PEOPLE
Jan 01, 2004
Erica Bazzano, The Hutensky Group's corporate accounting and risk manager, received the first ICSC Barry M. Davis Memorial Next General Educational Scholarship at ICSC's New York Idea Exchange & Deal Making conference in December. The...
Zen and the Art of Mall Maintenance
Jan 01, 2004
Californians partial to holistic rituals will love the redesign at Serramonte Center, owned by Capital & Counties in Daly City, near San Francisco. The 865,000 square foot, 35-year-old regional mall, anchored by Macy's and Target, spent $3.5...
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