From the street, the brand-new Point Berkeley in Duluth, Ga., a suburb north of Atlanta, looks like any other neighborhood shopping center. The 217,000 sq. ft. complex is anchored by an Asian supermarket, with a flurry of conventional retailers...
One of the defining trends of the retail industry in the past decade has been a great hollowing out of the middle. Mid-tier chains have struggled or disappeared entirely. Discounters — exemplified by Wal-Mart — have thrived at one end of the...
The following is a condensed version of the apartment owners portion of the 2007 NMHC 50, an annual ranking of the 50 largest U.S. apartment owners and managers published in NREI's April issue. The companies below are ranked according to the...
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...
The low interest rate affliction that has crippled apartment fundamentals for several quarters is driving the biggest condominium conversion boom in two decades. Condo developers are swarming markets across the country, paying a premium to acquire...
