Business Deals

Sep 01, 2008

American Continental Properties, LLC appointed Levin Management Corp. as leasing and managing agent for Monroe Plaza, a 156,000-sq.-ft. grocery-anchored shopping center in Monroe, N.Y...

Goodyear Closing 92 Stores

Aug 21, 2008

Someone told me recently auto parts stores are counter-cyclical and tend to do well in recessions. That's because people aren't buying new cars. Instead, they focus on keeping their existing cars in good shape. Apparently, however, that's not the...

Pioneering Chicago Developer William Alter Dies at 78

Aug 11, 2008

William A. Alter, real estate developer and chairman and CEO of The Alter Group, died Aug. 8 at his home in Winnetka, Ill. He was 78. Although he battled Alzheimer's for several years, he ultimately succumbed to complications from pneumonia. Alte...

Catch-22 in Mezzanine Lending

Aug 01, 2008

Mezzanine lenders are tripping over each other in their haste to accommodate hungry borrowers. Each week brings news of another commercial real estate fund amassing capital to make or acquire mezzanine loans, which are secured by the stock of the...

In Progress: Prasada Power Centers

Aug 01, 2008

Location: Surprise, Ariz. Developers: Westcor, WDP Partners and RED Development Size: 1.4 million sq. ft. Anchors: Best Buy, Petco, Target and Wal-Mart, among others Completion: The first phase will open in the fall of 2009 Buzz: Derived fro...

Top 25 Industrial Developers

Jul 01, 2008

The Top 25 Industrial Developers survey is based on data provided by participating companies. Developers were asked to provide their volume of activity for the 2007 calendar year. Results include completed development and new construction globally...