Full CRE coverage of finance and investment in the retail real estate sector, including shopping centers, regional malls, outlet centers and other retail formats.
The deal reinforces the appeal of physical stores and will likely bring up the value of centers currently anchored by Albertsons, according to brokers.
Cerberus Capital Management paid $350 million in 2006 for struggling Albertsons stores as a real estate play. In the years since, the private equity firm has added to its stake, bulked up through acquisitions and (repeatedly) tried to part with...
Boise, Idaho-based Albertsons has been studying options to boost growth, having seen sales gains during the Covid-19 pandemic cool at the same time as labor and logistics expenses have been rising.
Net lease retail REITs, aggregators and cash buyers are anticipating an extremely active acquisitions environment for the remainder of the year as terms become more attractive.
Retail stores that have traditionally only been seen in malls are now moving out and finding new opportunities to establish standalone storefronts, and vice versa.
Our third quarter virtual forum examined trends in multifamily, grocery-anchored retail and BTRs amid broader discussions about how CRE is dealing with rising interest rates and persistent inflation.
The shareholder proposal filed by the pension funds urges Starbucks directors to commission and publicly release a third-party assessment of the company’s compliance with its stated commitments to honor workers’ collective bargaining rights.
