The hospitality industry, already reeling financially from a fallout in business and leisure travel, is now dealing with another blow: the highest insurance costs in five years. To help combat soaring rates, hotel owners are opting for policies...
There's no doubt that warehouse/distribution facilities are in favor among investors. In the premier markets — Atlanta, Chicago, Dallas, Los Angeles and New Jersey — big-box industrial facilities with credit tenants on leases 10 years or longer...
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...
Procter & Gamble has selected Jones Lang LaSalle for its 5-year global corporate facilities and project management contract. The firms expect to reach a definitive agreement by the end of this month...
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...
Fast backward to Lake Forest, Illinois, 1916. Chicago architect Arthur Aldis called a trend when he convinced Cyrus H. McCormick, Jr., to form the Lake Forest improvement trust to build Market Square. It was to be a shopping complex of 28 stores...
Inventory shrinkage, a combination of employee theft, shoplifting, vendor fraud and administrative error, cost United States retailers over $31 billion a year according to the latest National Retail Security Survey report on retail theft, which...
