Property Types Retail
Washington D.C. Clinic Property Sold
July 18, 2008

The building at 1407 S Street NW in Washington, D.C., home to the Whitman-Walker Clinic, has been sold. The JBG Cos. purchased the approximately 90,000-square-foot property from the healthcare center, which will continue to call the building home until the end of this year. Chevy Chasse, Md.-based JBG plans to play a part in the revitalization of the neighborhood by developing a much-needed residential and retail building on the site. For Whitman-Walker's part, the deal leaves the clinic with funds to pay down existing debts, create working capital reserves, and finance client services improvements.

 
Recent Retail Headlines
Cole Takes $300M in September, Crosses $1B for YTD
Oct. 10, 2008
Cole Real Estate Investments has acquired approximately $300 million in assets during September, it has reported. That represented 54 assets.
$20M Financing Deal in Place for Atlantic City Retail Property
Oct. 10, 2008
Financing to the tune of $20 million has closed for English Creek Shopping Center, a 200,000-square-foot retail destination just seven miles from of Atlantic City, N.J. Acting on behalf of the borrower, David Cronheim Mortgage Corp. orchestrated the financing, which came in the form of a 10-year interest-only loan.
Behringer Harvard Expands European Portfolio, Buys 7 Properties
Oct. 07, 2008
Behringer Harvard continues to expand its presence in Central Europe. The company has acquired seven additional assets--a retail property in Hungary, five retail properties in the Czech Republic and a Czech logistics facility--via Wenceslas Behringer Ltd., a joint venture between Behringer Harvard Opportunity REIT I Inc. and St. Wenceslas Property Fund, which was formed in July.
JCPenney Expands Houston Presence with 2 New Stores
Oct. 06, 2008
J.C. Penney Co. Inc. is swinging open the doors of two new locations in the Houston area, increasing its portfolio of new department stores in the market over the last three years to nine.
Cedar Shopping Center Secures $78M Financing Deal for $105M Project
Oct. 06, 2008
The ice cold lending market has given a warmer reception to Cedar Shopping Centers Inc., which just closed a construction financing deal valued at $77.7 million for Upland Square, a 655,000-square-foot project on 108 acres in West Pottsgrove, Pa., approximately 40 miles northwest of Philadelphia.
 

 

Financial Market Update: After the Bell -Friday, Oct. 10
October 10, 2008
By Dees Stribling, Contributing Editor -- Investors usually pay lip service to long-term investing, but in times of crisis the reality is sell - everything - now! Panic was the order of the day on Wall Street, which saw the...

Federal Capital Partners Closes $230M Fund, Will Seek Debt Investments
October 10, 2008
By Gail Kalinoski, Contributing Editor -- Armed with a $230 million private equity fund that could allow up to $900 million in investments, Federal Capital Partners said it would continue to seek deals on value-added assets, but would also move...

HFF Arranges $97M Refi for Industrial Portfolio
October 10, 2008
By Coreen Bailor, Research Editor -- The Dallas office of Holliday Fenoglio Fowler L.P. has secured $97.5 million in refinancing for a seven-property industrial portfolio comprising 2.2 million square feet in Florida, New Jersey, Oregon and Texas. The cluster of...

D.C. Office Market Flat Despite Financial Chaos: Report
October 10, 2008
By Elena Gontar, Staff Writer -- The modest second quarter growth rates experienced in Washington, D.C., and Northern Virginia evaporated in the third quarter, according to a CB Richard Ellis Inc. report. The entire region saw an essentially flat market...

Fed, Central Banks Cut Rates
October 08, 2008
By Tom Dworetzky, News Editor -- The Federal Reserve has cut its key rate from 2 percent to 1.5 percent. The response, an effort to stem mounting losses in the markets around the world, is part of a move that...

Management Matters with Mike Myatt: Are Recruiters Effective?
October 10, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Sourcing tier one talent is an issue for all businesses. I was recently asked if recruiters are effective, or if they're worth the investment. Since my firm has a talent management practice which...

Management Matters with Mike Myatt: Partisan Politics Not Always Bad
October 03, 2008
The truth about partisan politics is that contrary to public opinion, it's not always a bad thing. Likewise, bipartisan efforts don't always reflect altruistic behavior and selfless acts. From my perspective, it isn't necessarily the stance you take, but rather...

Management Matters with Mike Myatt: Facing Up to Rogue CEOs
September 26, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms....

When to Consider Corporate Restructuring
September 19, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Times are tough, and they're likely to get tougher, so my question is this; Should you, or should you not, consider a move toward corporate re-engineering? Whether directly or indirectly, your business will...

Expectation Alignment Key to 'Promise Management'
September 05, 2008
by Mike Myatt, Chief Strategy Officer, N2growth --The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the...