Park Plaza Shopping Center 2002-2030 Galena Avenue Freeport, Illinois Auction: October 9, 2002 71,837 square foot community shopping center on main north/south thoroughfare Eagle Foods anchored with 16 years remaining on lease 47,871 square feet...
San Francisco’s Union Square has been a study in contrasts: while surrounded by the ritziest retailing in the city, the park’s tall hedges disguised homeless squatters. And accessible only from its four corners, the park felt like a trap — until...
When JCPenney left the Florence Mall in Florence, S.C., in 1992, mall owner Edens & Avant didn't scramble to find another department store to fill the anchor slot. Instead it quickly struck a deal with a restaurateur to fill the space. Some 10...
A new study suggests that the young adult market has more niches than product marketers give it credit for, and one of those niches is covered in ivy. The “360 Youth/Harris Interactive College Explorer Study” reports that America’s 15.6 million...
On page 11 of the June 2002 issue Dan Hurwitz of Developers Diversified Realty was incorrectly identified as an investor in Grand Rapids, Mich.'s Terrazzo center...
Developers Diversified Realty (DDR), a Cleveland-based REIT that owns more than 62 million sq. ft. of retail real estate, yesterday announced five new additions to its growing portfolio. The properties were purchased in collaboration with DDR...
Can the same company operate its own malls and serve as a third-party manager for competing owners in the same market? It's a question that has come to the fore in recent years as more mall owners are expanding their management services to...
Market dominance is a major goal for developers, but what happens when that market goes flat? Recent research from Credit Suisse First Boston (CSFB) emphasizes the risk inherent in owning a concentration of centers in one market...
Jerry Combs joined Atlanta-based Walpert Properties as senior vice president of the company's new corporate services division. Gary Weiss is the newest senior vice president at Los Angeles-based J.H. Snyder Co. Prior to joining the company...
Slow tourist traffic may be Florida retailers' most pressing concern today. But bigger problems wait on the horizon for some players as the state's retail landscape grows crowded with super-regional malls, power centers and single-tenant...