Real estate money manager Clarion Partners has agreed to buy Crow Holdings Industrial Trust, a private REIT, for $1.5 billion. New York-based Clarion, a subsidiary of ING Real Estate, will create a new REIT to acquire most of Crow’s portfolio. An...

When JCPenney left the Florence Mall in Florence, S.C., in 1992, mall owner Edens & Avant didn't scramble to find another department store to fill the anchor slot. Instead it quickly struck a deal with a restaurateur to fill the space. Some 10...

WHEN NATIONAL REAL ESTATE Investor compiled its annual survey of the largest industrial developers this year, Atlanta-based IDI assumed its familiar spot near the top of the listing, placing in the No. 2 spot. But, like so many other players in...

Columbus-based Cornerstone Capital Corp. has acquired 42 properties from Walgreen Co. in the largest sale-leaseback deal in the 101-year history of the drug-store chain...

IF THERE IS ONE THING that architects, planners and developers agree on at the beginning of the 21st Century, it's that the ideal form of commercial development mixes housing, office and retail in a lively community setting...

IN AN EXCERPT FROM HIS 1974 tome Minding the Store, Neiman-Marcus Chairman Emeritus Stanley Marcus offers a behind-the-scenes look at how a Dallas-based specialty store became one of the world's most recognized luxury merchants...