<b>EXCLUSIVE:</b> LAS VEGAS-Company officials will not disclose the names of the malls, but they are in the suburbs of large cities in Georgia and North Carolina. David Lichtenstein, the company's chairman and principal, says he expects to release more information about the deal in about 30 days. The transaction comes after the purchase of two outlet malls in Orlando. Lichtenstein told GSR in October that the company was looking to acquire more regional malls, as well as acquire and build outlet centers through its Prime Retail holding.
LAS VEGAS-Two pending mall acquisitions--one in Georgia and the other in North Carolina--could be redevelopment targets, says David Lichtenstein. Recent buys for the firm approach $400 million.
LAS VEGAS-Overbuilding was just one of the concerns voiced at an ICSC seminar yesterday. The increasingly heated competitive environment was also high on the list.
LAS VEGAS-Some lenders are concerned about the overbuilding of certain types of projects in the retail real estate industry, according to speakers during…
LAS VEGAS-At the International Council of Shopping Centers' Spring Convention here today, Brit Hume, Fox News' chief Washington correspondent and managing…