Catch up on the latest information across the Commercial Real Estate business covering brokerage news, development projects, leasing, property management trends and proptech.
Customer Growth Partners’ analysis of Commerce Department data reveals that department stores increased their market share of total retail sales for the first time in the 1980s. Overall, department stores accounted for 2.5 percent of all retail...
Polychlorinated biphenyls, known as PCBs, are man-made organic chemicals manufactured in the United States from 1929 until they were banned in 1979 because of indications that they cause cancer and have other serious health consequences. ...
The success of a business model often depends on current economic conditions. Take, for example, Erickson Retirement Communities of Catonsville, Md. The company built a number of large-scale continuing care projects when capital was readily avail...
Growing up on the Caribbean island-nation of Antigua, Egbert Perry recalls, “I never felt poor.” True, his father, Percival Perry, earned only about $1,000 a year running a chicken feed business, and Egbert was one of 11 children.
But wealth com...
Leverage is like cocaine, theorizes Leo Wells, founder and president of Wells Real Estate Funds, which has invested more than $12 billion in real estate since its inception in 1984. “Everybody is going to start off as a social user, and debt is t...
As leasing activity in the retail sector appears to gradually gain momentum, some supermarket chains have recognized this as the perfect time for expansion. The recession took a toll on some traditional grocers, including Winn-Dixie and Albertsons...
