If Forest City Enterprises decides to go ahead with the redevelopment/remerchandising of its Atlantic Center Mall and Atlantic Terminal Mall properties in Brooklyn it might be able to remake the surrounding area into an outer borough Fifth Avenue...
In an effort to explore the impact of Amazon.com on brick-and-mortar retailer Best Buy, Suzanne Mulvee, senior real estate strategist with Boston-based Property & Portfolio Research, a CoStar company, created a graph that translates Amazon’s share...
In a market where only select tenants are undertaking rapid expansions, convenience store chain 7-Eleven has been one of the stand-outs. Last year, the chain opened more than 600 stores in U.S. and Canada. This year, it plans to achieve a new...
Rouse Properties Inc. closed on a $78.75 million mortgage for Southland Center, a 900,000-sq.-ft. enclosed regional mall in Taylor, Mich. The non-recourse loan features a fixed 5.09 percent interest rate and a 10-year term...
Fort Lee Borough Planning Board granted site plan approval to Tucker Development Corp. for Hudson Lights, an eight-acre mixed-use project in downtown Fort Lee, N.J. The project will feature 165,000 sq. ft. of ground-level retail space, 477...
A recent story in The Wall Street Journal bemoans the fact that big box vacancies remain hard to fill and that shopping center owners are defaulting on their mortgages because of it. But a brief survey of retail real estate insiders reveals that...
All the big headlines of late have been dedicated to Western companies that are venturing out of their home markets for the first time. But perhaps an even more interesting trend has to do with companies that already have sizeable portfolios...
Despite an economic and financial crisis that continues to batter the continent and send ripple effects around the globe, some segments of the European retail market are proving to be surprisingly resilient...
American Realty Capital – Retail Centers of America Inc. acquired Liberty Crossing Shopping Center, a 106,000-sq.-ft. retail property in Rowlett, Texas, for approximately $21.6 million, excluding closing costs. This was the first acquisition for...
