Some major dispositions in the industry are starting to take shape as retail REITs are trying to clear up their debt situations. Developers Diversified Realty is in the process of selling 12 centers for up to $175 million, mostly to Benderson Development Co., according to reports. And Macerich Co. wants...
Westfield Group, the mall owner that operated the retail space in Manhattan's World Trade Center before it was destroyed by terrorists on 9/11, wants to start building at Ground Zero, according to this article. Peter Lowy, Westfield's global co-managing director, says that his firm has the money to fund...
NEW YORK CITY-Mark Grinis, a partner in Ernst & Young's Assurance and Advisory Business Services practices, talks to <i>Real Estate Forum</i> managing editor Danielle Douglas.
NEW YORK CITY-Mark Grinis, a partner in Ernst & Young's Assurance and Advisory Business Services practices, talks to <i>Real Estate Forum</i> managing editor Danielle Douglas.
So it seems that Starbucks, isn't above television advertising again. The coffee giant has decided to start testing advertising in Indianapolis and Jacksonville, FL, most likely as a response to those horribly annoying McCafe ads that McDonald's is pushing all over the place. We're interested in seeing...