Berkeley Capital Advisors arrange sale of Westwood Plaza
Jun 27, 2001
Charlotte, N.C. – Locally based Berkeley Capital Advisors LLC arranged the $6.8 million sale of Westwood Plaza, a neighborhood shopping center located in suburban Tampa, Fla...
Gap to cut staff, cutback expansion
Jun 26, 2001
San Francisco – Locally based Gap Inc. recently announced it will shrink its workforce by as much as 700 jobs from its headquarters staff of 10,000. The U.S. No. 1 retail chain said it also will hold back on its aggressive plans to open new stores...
Kroger to purchase 15 Georgia stores from Harris Teeter
Jun 26, 2001
Cincinnati – The locally based Kroger Co. recently reached an agreement to purchase 15 Matthews, N.C.-based Harris Teeter supermarkets located primarily in Atlanta. Both companies expect to complete the transaction, which is subject to certain...
Crown American Realty Trust announces final court approval received on settlement of 1995 lawsuit
Jun 25, 2001
Johnstown, Pa. — Locally based Crown American Realty Trust (CART) recently announced that a Final Judgment and Order of Dismissal has been entered by the United States District Court for the Western District of Pennsylvania in a shareholder class...
Retailers can expect pick up by 2002
Jun 25, 2001
New York — According to Dana Telsey, senior managing director of locally based Bear, Stearns & Co., savvy retailers should...
Influence profits by focusing on customers
Jun 22, 2001
Minneapolis – According to Jeffrey Klinefelter, senior research analyst of locally based U.S. Bancorp Piper Jaffray, the key to...
Key factor for portfolio diversification is REITs low correlation to other stocks and bonds
Jun 22, 2001
Washington, D.C. – An analysis of historical data by Chicago-based Ibbotson Associates demonstrates that Real Estate Investment...
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