Propping Up C-Stores
Apr 1, 2006, By Jennifer Popovec
Investors are braving risky convenience store investments for better returns...
Going. Going. Gone. Online Auctions Sell Real Estate
Feb 15, 2006
Imagine a world where wining and dining and months-long real estate negotiations are a thing of the past. Imagine if deals got signed, sealed and money delivered quicker than it takes to play a game of golf. Welcome to the nascent world of online retail real estate auctions, the latest twist in the growing auction market. “It's an interesting concept,” says David Birnbrey, chairman and co-chief executive of the Shopping Center Group, an Atlanta-based retail real estate firm that represents big box tenants. “You're seeing it with homes — there isn't any difference.” Birnbrey says he would try the concept. “It might be the best way to maximize your investment,” he says. ...
Retail Condos Come Of Age
Feb 1, 2006, By David Koch
Could the 300,000-square-foot Los Angeles Fashion Center (or L.A. Face) be the future of retail development? Located in the city's Downtown Fashion District,...
Private Equity Firms Likely Buyers for Lord & Taylor, Parisian
Jan 19, 2006
It's that time of year again, when, following the success or failure of the critical holiday season, retailers evaluate their future strategies. That often leads to big changes and this year is no exception: Saks Inc. and Federated Department Stores Inc. both have decided to lighten their loads, putting the Parisian and Lord & Taylor chains, respectively, up for sale. ...
Glimcher, Oxford Properties Ring In New Year With Joint Venture
Jan 5, 2006
The New Year started with the continuation of one of 2005's biggest trends as Columbus, Ohio-based Glimcher Realty Trust became the latest U.S. REIT to pair up with a foreign pension fund. Unlike its cohorts, however, Glimcher didn't look down under to Australia. Instead, it tapped the Great White North and has partnered with Oxford Properties Group, a real estate company owned by the Ontario (Canada) Municipal Employees Retirement System (OMERS). ...
Cap Rates Finally Begin to Diverge
Dec 15, 2005
At the height of the retail real estate feeding frenzy investors had to pay the same cap rates for assets across the country regardless of location or quality. But observers say in recent months things have cooled a bit and that for the first time in a while the price difference on Class A and Class B assets and prices in primary and secondary markets is growing. ...
TIC Flip
Dec 1, 2005, David Bodamer
Just two-and-a-half years after 32 tenant-in-common investors bought the Puente Hills Mall in the City of Industry, Calif., for $148 million in the (then)...
How Low Can They Go?
Nov 1, 2005, David Bodamer
Just when you thought cap rates couldn't get any lower, a deal in California shattered all expectations. In October, the 40-year-old, 75,327-square-foot...
REIT Roller Coaster
Nov 1, 2005, David Bodamer
After back-to-back years with 30 percent gains, REIT stocks finally appear to be showing signs of flagging. While retail REITs are still performing better...
