Retail

Premium Pinecrest Shopping Center Trades for $9M

Fri, 25 May 2012 07:41:00 EST

MIAMI-Most of the tenants are national and some of the most well-known retail brands, such as Starbucks, Cold Stone Creamery, T-Mobile, GameStop and FedEx Office.

Tiffany's Lowers Earnings Outlook for Year

Thu, 24 May 2012 12:05:00 EST

NEW YORK CITY-The jewelry retailer's global forecast for the year ending Jan. 31, 2013 is dimmed by a flat quarter closest to home, including declines at its flagship Manhattan store.

Miami CRE Pros Shine Light on Opportunities, Challenges

Thu, 24 May 2012 07:24:00 EST

MIAMI-Blanca Commercial Real Estate's Danet Linares tells GlobeSt.com's Jennifer LeClaire mass transit is Miami's Achilles heel right now.

New Project Proposed on University at Buffalo's Amherst Campus

Thu, 24 May 2012 00:00:00 EST

BUFFALO-A 102-room Staybridge Inn will be part of a $15-million mixed-use project proposed on the Amherst campus of the University at Buffalo.

The Changing Nature of Office Demand

Thu, 24 May 2012 12:30:00 EST

WASHINGTON, DC-Panelists at the upcoming RealShare Washington, DC will discuss what is driving development in the area, the changing nature of office supply and demand, and the outlook of investment sales here.

House Representatives Warn FASB About Lease Accounting

Thu, 24 May 2012 16:38:00 EST

WASHINGTON, DC-Congress wants FASB to slow down and consider the potential fall out from the lease accounting convergence proposal.

Developer Proposes Apartment Project in Downtown Austin

Thu, 24 May 2012 00:00:00 EST

AUSTIN, TX-A new apartment project is proposed at the northeast corner of South First Street and West Riverside Drive in downtown Austin.

O'Meara Takes Reins at Marcus & Millichap as Capital Markets Director

Thu, 24 May 2012 17:24:00 EST

PHOENIX-Fresh from a 10-year stint at Inland Real Estate in Chicago, Patrick O'Meara is ready to build up debt and equity financing in Phoenix and to encourage capital investment across all CRE sectors.

Asset With Highest Rents In Town Sells For $22M

Thu, 24 May 2012 15:47:00 EST

SACRAMENTO-L Street Lofts, a mixed-use, fractured condominium project, sells with just 10 units being leased for $2.50 per square foot, the highest rental rate in the midtown area.

47 Years Later, Lower East Side Revamp Moves Forward

Thu, 24 May 2012 17:23:00 EST

NEW YORK CITY-In 1965, a plan to redevelop the Seward Park Urban Renewal Site was put forth. Now public review has begun for a project that could mean 1.65 million square feet of mixed-use space.

The US Retail Sector On Pace to Absorb 12.4MSF in 2012

Wed, 23 May 2012 09:46:00 EST

LAS VEGAS-At ICSC RECon2012, Cassidy Turley reports that the retail sector still has a long way to go to reach full recovery; GlobeSt.com learns attendees' thoughts on CVS, Walgreens and Whole Foods.

Failed Big Box Wonder! Store Liquidates

Wed, 23 May 2012 07:33:00 EST

DEERFIELD, IL-The company, run by former Walmart and Toys R' Us executives, only lasted four months, and will now sell its thousands of children's items for half off in a quick sale.

Macmillan Leases Office Space at Regent Quarter Development

Wed, 23 May 2012 00:00:00 EST

LONDON-The joint venture between Istithmar P&O Estates and Henderson Global Investors have leased 82,500 square feet of office space in the Regent Quarter scheme in York Way, King's Cross, to a publishing company.

Hines Forms $1.1B Fund for Russia and Poland Property

Wed, 23 May 2012 13:58:00 EST

MOSCOW-Lee Timmins, which will lead the fund in Russia, says the company has a growing middle class with new spending power.

Big-Time Grocery Retailers Plan 2012 Expansions

Wed, 23 May 2012 16:19:00 EST

LAS VEGAS-Safeway Inc. sees big efforts into health and wellness on the horizon, the Fresh Market Inc. plans new stores, and SuperValu Inc. is working heavily on its second use facilities.