Full CRE coverage of finance and investment in the retail real estate sector, including shopping centers, regional malls, outlet centers and other retail formats.
Marco's Pizza is hungry for a bigger slice of the $37 billion U.S. pizza industry. By the end of 2011, the Toledo, Ohio-based chain of pizza restaurants plans to operate 1,500 store locations in 40 states. If it achieves that objective, Marco's...
A few years ago, Stanley Eichelbaum began experiencing a major case of déjà vu. Eichelbaum, president of Cincinnati-based property consulting firm Marketing Developments, Inc., watched uneasily as private-equity investors began to swarm over the...
This is not your grandmother's Saks Fifth Avenue. For starters, it's 300,000 square feet, about triple the average size of an existing store. Then there's the line of revelers standing in line to press somebody else's flesh in the nightclub. Oh...
When Supervalu Inc. and a host of partners agreed to the $17.4 billion breakup of Albertsons Inc., divvying up its nearly 2,674 stores, it was the latest in a series of consolidations and bankruptcies in the supermarket industry. Just six months...
With final zoning approvals in hand, The Lutgert Companies and The Barron Collier Companies are poised to begin construction of The Mercato, a mixed-use fashion-based lifestyle center in Naples, Florida. The project, situated on 53 acres on U.S...
Sam Walton believed in strict control — of store operations, of product quality and most certainly of expenses. Walton's dedication to keeping his hands on the wheel played a big part in parlaying his first enterprise, a franchised Ben Franklin in...
Architects and urban planners have been effusive in their praise of "New Urbanist" mixed-use projects. They are seen as the perfect antidote to the bland, cookie-cutter developments that have spread across America-along with the interstates and...
Vans is entering into negotiations with its landlords for lease terminations or rent reductions related to its 11 skateparks, three of which are owned by Mills Corp., two by Simon Property Group, one by PREIT and one by Belz...
Both sides are saying they won, but Wall Street analysts argue that Indianapolis-based Simon now has the upper hand in its hostile takeover bid for Bloomfield Hills, Mich.-based Taubman. Yesterday, Michigan District Court Judge Victoria Roberts...
