This past November, Wired magazine pitched a pretend tent in a vacant storefront in New York's SoHo neighborhood to promote the latest in its advertisers' consumer electronics products to a wired crowd of fashionistas shopping in the trendy retail...
There's always been a level of skepticism surrounding lifestyle centers. In an industry not known for innovation, suddenly a new mold has taken hold. Properties have been turned inside out. Developers are spending more on design, materials and...
Vestar broke ground last month on its 1.3 million-square-foot Tempe Marketplace in Tempe, Ariz. The $200 million project is the largest brownfield cleanup in the state's history. Tenants include Best Buy, PetSmart and Target...
Just as the Sears/Kmart and Federated/May mergers underscored the diminishing role of department stores (and therefore danger signs for the traditional mall), the proposed $17.4 billion buyout and break up of Albertson's Inc., has similar...
It's that time of year again, when, following the success or failure of the critical holiday season, retailers evaluate their future strategies. That often leads to big changes and this year is no exception: Saks Inc. and Federated Department...
The New Year started with the continuation of one of 2005's biggest trends as Columbus, Ohio-based Glimcher Realty Trust became the latest U.S. REIT to pair up with a foreign pension fund. Unlike its cohorts, however, Glimcher didn't look down...
Hurricane Katrina's impact on CMBS is becoming clearer as times passes and delinquencies rise. “The spike in delinquencies due to Katrina became apparent in October and continues today,” says Larry Kay, a director in Standard &...
Retail assets were responsible for the biggest share of CMBS deals in the United States in 2005 and boasted the lowest delinquency rate of all property types. The sector's strength, coupled with strong investor demand, resulted in higher...