Retailing
Are Simon and Westfield Competing or Teaming Up in Britain?
Sep 3, 2008 3:33 PM
In recent weeks both Indianapolis-based Simon Property Group and Sydney-based Westfield Group divulged they had taken out significant stakes in Liberty International plc, one of the biggest shopping center owners in the United Kingdom. ...
Analysis
Deal of the Week
Sep 24, 2008 11:22 AM
Meridian Capital Group arranged a $285 million loan to refinance 717 Fifth Ave., a 115,630-square-foot retail/office condo in New York City. The loan, which featured a LIBOR-based floating rate and a five-year term, was placed with Greenwich Capital. ...
In Good Health
Sep 1, 2008 12:00 PM
The current economic downturn might be causing headaches for owners of enclosed regional malls, but it seems to be benefiting outlet centers. For example,...
Operations
Shaky Ground
Dec 1, 2008 12:00 PM
A novel proposal by Target investor, William Ackman, that the discount retailer sell the land underneath its big boxes and spin off the real estate into...
The Haute Spot
Dec 1, 2008 12:00 PM
Many retailers may be cutting back on openings. But Teen Vogue has decided now is the time to experiment with opening stores. The magazine opened a store,...
Trends
Circuit City’s Failed Auction Indicates Developing Excess Space Glut (12/23)
Dec 23, 2008 11:15 AM
Circuit City’s decision last week to cancel a planned auction of 154 leases due to lack of bidders could be another troublesome milestone for the rapidly deteriorating retail real estate industry....
Double Trouble
Dec 1, 2008 12:00 PM, By Elaine Misonzhnik
Circuit City's announcement last month that it was closing 155 stores, or 21 percent of its 721 U.S. locations, and planning to start lease renegotiations...
Expansion Plans
Double Trouble
Dec 1, 2008 12:00 PM, By Elaine Misonzhnik
Circuit City's announcement last month that it was closing 155 stores, or 21 percent of its 721 U.S. locations, and planning to start lease renegotiations...
Store Closings Could Double in 2009 (11/5)
Nov 5, 2008 2:06 PM
Circuit City’s announcement Monday that it was closing 155 stores, or 21 percent of its 721 U.S. locations....
Restaurants
Restaurants Battle for Customers
Nov 1, 2008 12:00 PM, By Hortense Leon
Restaurants hit particularly hard by the economic slowdown are promoting reduced price menus to drive traffic and reel in struggling consumers. In a similar...
Courting Change
Apr 1, 2008 12:00 PM, By Jennifer Popovec
During lunchtime at Westfield Century City, the property's new dining terrace is packed with people. From stay-at-home moms to high-powered executives,...
