The national retail cap rate remained stable during the third quarter, coming in at 8.49 percent compared with an adjusted figure of 8.48 percent during the second quarter. Average rates continue to be at levels last seen in mid 2003. The East and...
Faris Lee Investments completed seven sales of fast food restaurant properties totaling $9.5 million in value. The restaurants are located in California, Texas, Nevada and Arizona. The transactions included the following...
Simon Property Group Inc. opened the second phase of Houston Premium Outlets in Cypress, Texas. Phase II added 114,000 square feet to the center, for a total GLA of 541,000 square feet. Phase I opened in 2008...
