With its changing strategy, Walmart underscores the new needs in the retail organization.

NEW YORK CITY—At a press conference staged at the Vaughn College of Aeronautics and Technology in Flushing, Queens with Vice President Joe Biden, New York Gov. Andrew Cuomo outlined plans to modernize and revitalize LaGuardia, John F. Kennedy International, Republic and Stewart International airports.

LIVERMORE, CA—The Tri-Valley is growing faster than the overall Bay Area, and there could be more in store.

CINCINNATI—In this <B>UPDATE</B>, the Oak Brook, IL-based REIT and its Dutch partner PGGM have just bought the second phase of a large retail center in Kentucky, part of the Cincinnati metro area.