New Orleans-retailer Amanda Sierra didn't celebrate the New Year, not when she's been struggling to deal with the damage wrought by Hurricane Katrina. Sierra and her husband, Majin, were forced to permanently close their Riverwalk...
Treasure Island in San Francisco Bay was home to the Pacific Fleet in World War II. In Washington, D.C., a triangular 1941 building at a busy intersection housed a Sears store. And a 21-acre Milwaukee site was where Pabst once brewed its “blue...
Stressed-out shoppers in Wiesbaden, Germany, snapped and beat up Stefan Stettler, a department store Santa on his way home for the night after he had asked them to “tell Santa what they want for Christmas.” The two took Santa's bag of presents and...
The massive popularity of retail real estate and the resulting shrinking cap rates has helped give new life to an old structure: mezzanine financing. Though it's been around for a long time, investors use of mezzanine debt and equity has risen in...
Secondary markets are, in fact, afforded secondary status by most developers. But, one, Red Development, has made smaller markets its primary target, and, in so doing, has built a 12 million-square-foot business in 11 years and helped spotlight...
Feldman Mall Properties — which focuses on renovating and repositioning enclosed regional malls in secondary markets — had a dilemma on its hands. Feldman purchased the Tallahassee Mall in July 2005 for just over $60 million. But it didn't have...
Retail remains the most widely available product in the net lease world, according to the most recent numbers from The Boulder Group. However, the number of available properties has begun to decline after peaking in the second quarter of 2005...
