Everybody knows one when they see one, but it's hard to clearly define what a lifestyle center is. That was the consensus among developers and retailers at ICSC's 2002 Open Air Centers Conference in Chicago this October...
Inventory shrinkage, a combination of employee theft, shoplifting, vendor fraud and administrative error, cost United States retailers over $31 billion a year according to the latest National Retail Security Survey report on retail theft, which...
Real estate money manager Clarion Partners has agreed to buy Crow Holdings Industrial Trust, a private REIT, for $1.5 billion. New York-based Clarion, a subsidiary of ING Real Estate, will create a new REIT to acquire most of Crow’s portfolio. An...
When JCPenney left the Florence Mall in Florence, S.C., in 1992, mall owner Edens & Avant didn't scramble to find another department store to fill the anchor slot. Instead it quickly struck a deal with a restaurateur to fill the space. Some 10...
WHEN NATIONAL REAL ESTATE Investor compiled its annual survey of the largest industrial developers this year, Atlanta-based IDI assumed its familiar spot near the top of the listing, placing in the No. 2 spot. But, like so many other players in...
Columbus-based Cornerstone Capital Corp. has acquired 42 properties from Walgreen Co. in the largest sale-leaseback deal in the 101-year history of the drug-store chain...
IF THERE IS ONE THING that architects, planners and developers agree on at the beginning of the 21st Century, it's that the ideal form of commercial development mixes housing, office and retail in a lively community setting...
IN AN EXCERPT FROM HIS 1974 tome Minding the Store, Neiman-Marcus Chairman Emeritus Stanley Marcus offers a behind-the-scenes look at how a Dallas-based specialty store became one of the world's most recognized luxury merchants...
In today's economic environment, and in the not-too-distant past, developers and retailers both experienced the volatility of an unpredictable economy in recession and retail business negatively affected by unforeseen and costly factors, such as...