Which retailers have the best industry buzz?
Jul 01, 2002
In the financial markets there is no question that Wal-Mart Stores rules. Now, a new survey shows that it is held in high esteem by retail executives. A new study of attitudes by 400 execs and 55 Wall Street analysts, show that both groups admire...
Westcor: A milestone buy for Macerich
Jul 01, 2002
Macerich Co. has signaled its intent to join the major leagues of mall developers with its May 30 announcement of a deal to pay $1.475 billion for a collection of properties owned by Westcor Realty...
Has Desert Passage run out of luck?
Jul 01, 2002
The two-year old Desert Passage is struggling to recover from the fallout after the owners of Aladdin Resort and Casino filed for Chapter 11 bankruptcy protection in late September. The 490,000-sq.-ft. center sits inside the financially troubled...
TRANSACTIONS
Jul 01, 2002
Washington, D.C. — The Alaska Permanent Fund Corp. and Rochester, N.Y.-based Wilmorite Properties formed a joint venture for ownership of Tysons Corner Center, a 2-million-sq.-ft. center with sales per sq. ft. exceeding $600. The Alaska fund...
luxe lingers
Jul 01, 2002
When the refurbished Yves Saint Laurent Rive Gauche flagship opened on Fifth Avenue in New York last year, it brought together...
Exclusive use cuts both ways
Jul 01, 2002
One of the most valuable and sought-after provisions in a retail lease for tenants is an exclusive use provision. Exclusives...
BJ's Wholesale goes west
Jul 01, 2002
Buoyed by consumer spending at warehouse clubs, BJ's Wholesale Club is on an expansion binge. The Natick, Mass.-based retailer...
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