REITs go from black to red in just 3 weeks
Jul 23, 2002, — staff & wire reports
Since July 1, the Morgan Stanley REIT index has fallen 8.5%, sending the REIT sector from the black to the red in almost the blink of an eye. REITs posted...
Mills ends another JV, buys Opry Mills outright
Jul 2, 2002, — staff & wire reports
Nashville’s Opry Mills is now wholly owned by Arlington, Va.-based The Mills Corp. The self-managed REIT purchased the remaining 33% of Opry Mills that...
GE CAPITAL POISED TO ACQUIRE REGENCY CENTERS?
Jun 1, 2002, Joel Groover, Associate Editor
GE Capital this week acquired 59% of Jacksonville, Fla.-based Regency Centers, the nation's largest owner of grocery-anchored neighborhood centers. And...
Mills to buy Simon’s share of joint ventures
May 1, 2002, Staff and wire reports
Arlington, Va.-based The Mills Corp. announced late Wednesday that it will buy all of Simon Property Group’s interests in five jointly owned retail properties....
SURPLUS PROPERTY: Reviving dark space
May 1, 2002, Beth Mattson-Teig
Retail is struggling to cope with yet another wave of store closings. Large chains including Kmart, Charming Shoppes, The Museum Co. and Frank's Nursery & Crafts are shuttering units because of lackluster sales. Other big names ranging from Toys “R” Us to Albertson's are shedding stores as they revamp market strategies to remain competitive in a challenging economy......
Rodamco shareholders approve deal with Simon, Rouse, Westfield
Mar 25, 2002, Staff and wire reports
Rodamco North America’s shareholders today approved the Dutch company’s plans to sells its assets to Westfield, Simon Property Group and The Rouse Co....
Edens & Avant, Samuels & Associates to buy 40 Konover & Associates shopping centers
Mar 15, 2002, Staff and wire reports
Samuels & Associates and Edens & Avant today announced plans to buy 40 of 60 shopping centers owned by Farmington, Conn.-based Konover & Associates. Most...
Separate companies offer to buy Konover & Associates, Konover Property Trust
Mar 15, 2002, Staff and wire reports
Two different joint ventures today announced bids to acquire most or all of the shopping center assets of Farmington, Conn.-based Konover & Associates...
General Growth buys JP Realty for $1.1 billion
Mar 4, 2002, Joel Groover
General Growth Properties today announced a $1.1 billion deal to acquire JP Realty Inc. of Salt Lake City. The acquisition will add 18 malls and 26 community...
Inside the deal: Inland Retail’s $316 million Thomas Enterprises transaction
Feb 21, 2002, Staff and wire reports
Inland Retail Real Estate Trust, a part of Chicago-based The Inland Group Inc., made headlines with its recent purchase of more than 2.9 million sq. ft....
