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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
SAN FRANCISCO—Although e-commerce is perceived as a threat to brick-and-mortar stores, “the more sophisticated retailers are getting stronger in terms of how they use it,” Colliers' Anjee Solanki tells GlobeSt.com.
LAS VEGAS—The plan to spin off Caesars Entertainment Operating Co. into a REIT is one of several plans under discussion between the money-losing casino giant and its creditors.
LITTLE ROCK, AR—The department store operator could boost the combined share value of an OpCo and PropCo by 75% from current prices, says investor Marcato Capital Management.
CAMBRIDGE, MA—BioMed Ventures will work with the Broad Institute to engage the biomedical community via events designed to bring together thought leaders from academia, biotech and pharmaceutical companies and the investment community.
WASHINGTON, DC—“The US economy has already adjusted to the lower federal spending levels and tax environment,” notes Kevin Thorpe, chief economist with Cassidy Turley.
NEW YORK CITY—Shares of the office landlord's stock were up as trading on the New York Stock Exchange began Wednesday, following an IPO that eclipsed Douglas Emmett's in 2006.
LOS ANGELES—“A market-leading presence in the light industrial space” represents Colony Financial's strategy of launching focused platforms to achieve additional growth, says executive chairman Thomas Barrack.
MADISON, NJ—Surprising though this finding may be, Coldwell Banker Commercial's Fred Schmidt tells GlobeSt.com that retailers' key to success among this generation is creating “a total customer experience.”
RICHMOND HEIGHTS, OH—The locally based apartment REIT said Tuesday it welcomes shareholder input but calls many of the allegations from Land and Buildings “unfounded and misleading.”