AFTER SPENDING THE PAST three years strengthening its existing shopping center portfolio with $31 million worth of improvements, Combined Properties is now looking for high-yield redevelopment deals with third-party partners...
Richard Heapes, a principal with Street-Works, calls his firm a “creative developer” — a company that combines the traditional development expertise of financing and leasing with design and planning expertise to make great places. Street-Works...
Lakeland, Fla. – Locally based Publix Super Markets, has plans to add 340 stores over the next five years, which is more than a 50 percent increase over its current store base of 648 locations. It is unknown how many of the new locations will be...
In a move to strengthen two organizations serving the corporate real estate community, the National Association of Corporate Real Estate Executives (NACORE) and the International Development Research Council (IDRC) plan to form a new association...
An operating covenant is an agreement by the tenant to continuously operate its store for a set number of months or years and for a designated number of hours and days each week. Such covenants frequently appear in leases containing a percentage...
What effects will the Internet have upon real estate markets? This complex question cannot be answered in a short column. However, I will set forth some thoughts about how to approach answering it...
The value of a rental space can vary greatly over time, out of proportion to automatic cost of living increases or fixed rent increases. Therefore, landlords and tenants often agree to adjust future rent based on a determination of fair market...