As shopping center developers and owners know full well, operating a consistently successful center depends on their ability to attract and maintain highly recognizable, credit-worthy anchor tenants...
Thomas A. Rizk, former CEO of Cranford, N.J.-based Mack-Cali Realty Corp., left the company on April 19, and was replaced by former Mack-Cali president and COO Mitchell E. Hersh. Rizk also left the REIT's board of directors...
Alandlord repaves his entire parking lot one spring and charges it to CAM. Another landlord repaves his parking lot one pothole at a time, until at the end of five years he's repaved the entire parking lot...
Wal-Mart. Amazon.com. Starbucks Coffee. Blockbuster. While most news covers the big guys these days, bigger and ultra-efficient are not always better; sometimes real estate lending and asset management takes more than the standard approach...
One of the most critical provisions of a shopping center lease is the use clause. What the tenant may sell or operate in its premises not only affects the tenant but also impacts the tenant mix of the center and the landlord's future leasing plans...
On Jan. 22, new regulations issued by the Federal Communications Commission (FCC) on the installation of resident satellite dishes and antennas took effect. Before then, apartment owners and managers could, and usually did, say no to renters...
A typical lease contains many deadlines. Each party to the lease should attempt to anticipate the consequences in case the other party fails to meet its deadlines. If the deadlines are important and the probable consequences can be mutually agreed...
As music and sound effects waft through the air to allure shoppers, they also help enhance a brand image for retail stores. "You can look away from many things in a store, but you can't listen away from sound," says John Baugher, director of sales...
Consolidation makes its mark on industry's leading owners. Consolidation continues to characterize today's retail industry. "The easiest way to grow is to acquire others' real estate in existing properties," says Norman W. Peters, senior vice...
Failure to recognize and properly deal with the special issues that arise in connection with movie theater leases can result in a variety of unexpected problems for shopping center owners. Given the size and number of multi-screen theaters in...
