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IRVINE, CA—Many variables play a factor in California's retail leasing market, but one in particular stands out among the rest, Donahue Schriber's David Mossman tells GlobeSt.com <b>EXCLUSIVELY</b> in this post-ICSC Q&A.
SAN DIEGO—Even though the recession is all but behind us, consumers still want to make sure they're getting the best deal at retail, which bodes well for outlet centers, says ICSC chairman Stephen Lebovitz during the Western Division Conference here last week.
SAN DIEGO—Given a choice of retail acquisition/disposition, holding/managing properties or developing ground-up properties, the best money is made in the process of acquiring, renovating and selling, say panelists at ICSC.
NEW YORK CITY—In conjunction with another firm, the newly formed partnership—just announced earlier this week—has picked up the leasehold interest in a Midtown East office building.
CARLISLE, PA—Lee & Associates will handle leasing for Industrial Property Trust's 422,400-square-foot industrial building now under construction at 192 Kost Road in Carlisle, PA.
MOUNT LAUREL, NJ—Brandywine Realty Trust is developing a new, 10,000 square foot retail center at 7000 Midlantic Drive that will include national tenants, including: Anthony's Coal Fired Pizza; Jimmy John's Gourmet Sandwiches; and Qdoba Mexican Grill.
WASHINGTON, DC—The delayed increase will benefit CRE, but one major downside is this: by walking back its earlier statements, the Fed itself has become a source of uncertainty for the economy. Going forward, it will be difficult to take what it says, or rather signals, it will do on faith anymore.