City of Industry, Calif. – Locally based Puente Hills Mall is in the final phase of a four-year redevelopment project that is slated for completion by Spring 2002. The final phase includes the addition of two large format retailers, several family...
Columbus, Ohio – Lane Bryant, a division of locally based The Limited Inc., named Steve Stickel as vice president, director of stores. He has more than 20 years of experience in the retail industry...
There are a variety of net leases, one of which is a double net lease. The double net lease is a lease in which the tenant is responsible for the majority of all expenses, excluding roof and structure, while the landlord may be responsible for...
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...
