Retail Traffic

Highlights

Watt Appoints Coreland to Manage 1.2-Million-SF Shopping Center Portfolio

Mar 09, 2012

Watt Properties appointed Coreland Cos. as a property manager for a 1.2-million-sq.-ft. retail portfolio located across Southern...

Retail Tenants Less Insistent on Rent Concessions as Market Conditions Improve

Mar 08, 2012

Rent concessions are playing less of a part in retail leasing negotiations, at least compared to two years ago...

Simon to Acquire Stake in Klépierre; Buys Out Mills JV Partner

Mar 08, 2012

Simon Property Group Inc. announced two major transactions for a combined $3.5 billion. The first deal gives the...

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Inland Western Closes $650M Credit Facility

Mar 05, 2012

Inland Western Retail Real Estate Trust Inc. closed on an unsecured $650 million credit facility. The facility includes a $300 million unsecured term loan and a $350 million unsecured revolving line of credit. It amends the company’s existing $585...

Regency Centers Starts Construction on Projects in California, Texas

Mar 02, 2012

Regency Centers will begin construction on East Washington Place, a $61 million, 378,000-sq.-ft. community shopping center in Petaluma, Calif. A 138,324-sq.-ft. Target will anchor the property. Regency plans to open the center in the summer of...

Rouse Plays a Risky Business

Mar 01, 2012

The new regional mall REIT Rouse Properties made news last week with its first acquisition as an independent company. The REIT bought Grand Traverse Mall, a 589,000-sq.-ft. enclosed regional mall in Grand Traverse, Mich., a class-B property that...

Rouse Properties Buys its First Mall

Feb 28, 2012

Rouse Properties Inc. purchased Grand Traverse Mall, a 589,000-sq.-ft. enclosed regional mall in Traverse City, Mich. for approximately $66 million. The purchase price included cash payments for closing costs, required escrow reserves and the...

Peterson Cos., DRI to Develop $320M Mixed-Use Center in Bethesda

Feb 24, 2012

A joint venture of The Peterson Cos. and DRI Development Services LLC will develop Rock Spring Centre, a $320 million, one...

Sears Sells 11 Anchor Pads to GGP; To Split Off Some Businesses

Feb 23, 2012

Sears Holdings Corp. made two big announcements as it continues its attempts to reverse its flagging fortunes. It will sell 11...

Slow and Steady to Remain the Theme in Investment Sales Market This Year

Feb 23, 2012

The retail investment sales sector has gotten off to a robust start in 2012 with Westfield’s announcement of its joint venture...

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