General Growth Properties, Inc. announced agreements to acquire a 100 percent interest in both Saint Louis Galleria in St. Louis, MO, and Coronado Center in Albuquerque, NM, from two different institutional owners. The company also announced an...
It started in the south with Rich's-Macy's. Now, Federated Department Stores is converting all of its regional brands to the Macy's moniker from coast to coast. Last Thursday, the chain announced its Burdines, The Bon Marche, Lazarus and Goldsmith...
Neighborhood center owners in California are wrestling with an increasingly volatile issue-ADA compliance. According to several California developers, codes are constantly morphing, to the point that a center that is ADA compliant at...
Clearly, it was the wrong week for me to resume my Atkins diet. Here we are in Las Vegas, attending the mammoth ICSC Spring convention and, as usual, the biggest lines were over in the food franchisors corner. From Einstein's Bagels to Cold Stone...
Retail real estate can claim bragging rights. It’s the only commercial real estate property sector to show positive absorption and rent growth over the past year, according to Marcus & Millichap, which hosted "Retail Trends 2003" on Tuesday at...
Retailers and retail real estate professionals looking for money-making new consumer trends should chill. That was the message at a session of the ICSC convention in Las Vegas yesterday. “Nothing could be more uncool than chasing it," said Dave...
Consolidation is the hot topic at ICSC’s Spring Convention today. Several large companies are missing from the show floor, having been gobbled up by larger competitors. And everyone is waiting for the other shoe to drop regarding the hostile...
U.S.-based retailers and shopping center developers have a tremendous opportunity to gain a foothold in underserved markets internationally and achieve returns 20% to 30% higher than domestic projects, a panel of foreign real estate execs said at...