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...
This year was supposed to be the coming-out party for the commercial real estate collateralized debt obligation (CRE CDO) market. After topping $35 billion in issuance in 2006, expectations were the market would nearly double to $60 billion this...
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...