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On February 6, 2015, RadioShack filed for bankruptcy. The 94-year old retailer, unable to adapt to changing consumer tastes and compete with more efficient e-commerce competitors like Newegg, had posted negative earnings for 11 straight quarters. For those in the real estate business, the immediate question became what kind of impact the bankruptcy would have on properties with RadioShack as a tenant. The answer may very well be not much. …
BUENA PARK, CA—Two firms who have purchased property from the city will add a mixture of progressive housing that conforms to city's revitalization goals.
MISSION VIEJO, CA—The firm purchases Mission Viejo Garden Plaza, which totals 67,000 square feet of office and retail situated at one of Mission Viejo's key intersections, in this week's wrap-up of deals.
SAN DIEGO—Developers need to be responsive to changes in demographics in order to be relevant or they will not be successful, say speakers at Burnham-Moores' real estate conference here last week.
SAN DIEGO—GlobeSt.com learns <b>EXCLUSIVELY</b> that Rob Singh returns to the firm as president and CIO and Robert Svatos is promoted to president and COO at the real estate investment, development and services firm.
NEW YORK CITY—The Brooklyn complex's private sector developers are seeking city approval for several unconventional uses of the six-million-square-foot complex.