August retail rent payments close to 2019 levels
Despite the delta variant causing a new wave of restrictions on businesses, most retailers are paying their rent at...
Retail Real Estate
The Latest
Real estate stocks dodge obstacles, charge forward in August
As the U.S. economy emerges from the pandemic, real estate’s spirit animal might be the iconic bull of Wall...
Issue
Stranger than fiction: The great digital real estate land grab
It’s virtually a done deal. A public company whose founder has created real-world property firms is poised to sign...
Weekend Edition
DIYers are no longer racing for hammer and nail
Maybe all those do-it-yourselfers completed all their projects around the house. Home Depot’s same-store U.S. sales fell short of...
Weekend Edition
Pharrell, Emmitt Smith back competing mall redevelopment plans
Pharrell Williams and Emmitt Smith are among the investors vying for the right to redevelop a mall in Norfolk,...
“Revenge buying” powers mall owner Macerich to crush estimates
Shopping centers, pummeled by the pandemic, are staging a comeback. That’s welcome news for one of the nation’s largest...
Weekend Edition
Goldman Sachs spends $119M on Paris office, retail building
Goldman Sachs’ asset management wing is making a 100-million-euro bet on the Parisian retail and office market. The banking...
Chicago
Kite Realty to acquire Retail Properties of America for nearly $3B
Kite Realty Group has agreed to pay $2.79 billion to add rival Retail Properties of America to its open-air...
Shopping center trade group ICSC drops shopping centers from name
The International Council of Shopping Centers is no more. Innovating Commerce Serving Communities will now rise in its place....
Starwood bailing on the mall business
Barry Sternlicht’s Starwood Capital Group is moving away from its mall portfolio as values on the properties continue to plunge. The investment firm has been selling off shopping centers at a loss across the...
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