REIT UPDATE: REITs toughen up
May 1, 2001, Steve Bergsman
A decade has passed since the last great real estate recession. But today, as the national economy drifts deeper and deeper into a severe slowdown, the...
SURPLUS SPACE: Creative conversions
May 1, 2001, John Frantz
The aging of American properties, combined with ongoing shifts in retail and consumer demographics, is leaving a trail of vacancies across the country....
Phillips Edison & Co. acquires Promenade at Beach Boulevard
Apr 18, 2001, Misty Milioto
Baltimore – Locally based Phillips Edison & Co. recently acquired Promenade at Beach Boulevard shopping center, which is located in Jacksonville, Fla....
Perrine & Wheeler buy Cartersville Crossing Shopping Center
Apr 16, 2001, Misty Milioto
Norfolk, Va. – Cartersville Crossing Associates LLC, an affiliate of locally based Perrine & Wheeler Real Estate Investments, recently acquired Cartersville...
P.O’B. Montgomery & Co. acquire land for future development in Louisiana
Apr 10, 2001, Misty Milioto
Monroe, La. – Dallas based P.O’B. Montgomery & Co. expanded its national holdings with the acquisition of land for the development of Pecanland Commons,...
Excel Legacy to merge with Price Enterprises
Apr 2, 2001, Misty Milioto
San Diego – Locally based Excel Legacy Corp. and Price Enterprises Inc. entered into a merger agreement to form Price Legacy Corp., which will operate...
Glimcher names Cornell as general manager of The Great Mall of the Great Plains
Mar 14, 2001, Misty Milioto
Columbus, Ohio – Glimcher Properties Limited Partnerships, an affiliate of locally based Glimcher Realty Trust, named Bradley K. Cornell as general manager...
REIT UPDATE: Managing the misfits
Mar 1, 2001, Martin Sinderman
Some call them or properties. Others refer to them merely as assets. They're malls and shopping centers that, for varying reasons, don't quite fit into...
Admiration from afar
Nov 1, 2000, Martin Sinderman
U.S. retail continues to attract foreign investors, but the pace of investment ebbs and flows with the economic tide.The foreign buyers of U.S. retail...
REITs Explore New Capital Strategies
Jun 1, 2000, Beth Mattson-Teig
Continued capital constraints have not derailed REIT expansion. REITs are simply becoming more aggressive in tapping alternative financing sources."The...
