Retail

LAS VEGAS-Experts from Rreef, Developers Diversified Realty and Banc of America Securities talk about the subprime meltdown, whether or not a recession looms and who's bullish on what property types.

MARINA, CA-The Orange County-based developer's Dunes on Monterey Bay adds a retail element to the 400-acre, master-planned community.

PHILADELPHIA-With the close of the sale, the teen retailer goes private and turnaround expert Allen Questrom becomes non-executive chairman.

NEW YORK CITY-A recession isn't seen on the horizon next year by Grubb & Ellis executives, but there could be a real estate slowdown.

WARRINGTON, PA-With the 300,000-sf lifestyle retail portion of its 140-acre project substantially leased, Grasso Holdings begins preleasing a second phase.

LONG BRANCH, NJ-The new construction will add 240 residences, a hotel and 3,800 sf of retail to Applied Development's Pier Village.

NEW YORK CITY-The prewar elevator property with 214 residential units and ground-floor retail space sheds for $400 per sf at a projected 5.2% cap rate.

NEW YORK CITY-Meir Cohen and Ben Korman shed the 50,997-sf property at 2856-2860 Steinway St. in Astoria for $441 per sf.