According to CB Richard Ellis, the wind is getting knocked out of the retail market in the Windy City. The Los Angeles-based company released a study of properties 50,000 sq. ft. or greater (excluding regional malls) in Chicago showing an overall...
This section is a great location to display press releases pertaining to real estate. Announce new sales, leases, purchases or auctions, new hires,job promotions, awards, etc. If you want to show off your company, please contact Michelle at 770...
Director of Acquisitions Boston-based Corporate Realty Investment Company L.L.C. is seeking a Director of Acquisitions to originate $125m annually of new investments. Director will target and contact finance executives of and advisors to credit...
ATLANTA --Cousins Properties Inc.’s R. Dary Stone has decided to step down from his post as president and COO of the Atlanta-based REIT. Stone cited family considerations as the reason for his decision...
Kmart Corp. filed for Chapter 11 protection today and announced that its 2,100 stores will continue to operate as it restructures its operations.However, Kmart is seeking court approval to terminate leases on 350 retail locations that it has...
Kmart Corp., which filed for Chapter 11 bankruptcy protection early Tuesday, announced the appointment of a new executive vice president charged with coordinating the retailer's financial restructuring efforts...
NEW YORK -- Standard & Poor's downgraded its rating on Simon Property Group and its affiliates. The CreditWatch placement followed the public shopping center REIT’s proposed acquisition this week of 13 regional malls from Rodamco North America...
2001 was a challenging year for the nation’s retailers. While there were a few strong performers (such as Wal-Mart), most of the country’s merchants experienced weakened sales results and reduced profit margins as they struggled in a weakened...
New York —Three of the biggest players in retail real estate plan to jointly acquire the North American assets of Netherlands-based real estate giant Rodamco for $5.3 billion. The deal, which caps a months-long power struggle for control of...
ATLANTA — After years of steady new construction for megamalls, retail developers in Atlanta are pausing to catch their breath. City shoppers, accustomed to welcoming new megamalls on a regular basis, will have to wait until fall 2003 for the...