Property Types Retail
In Warm Phoenix, Open-Air Shopping Centers Struggle to Beat Summer Heat
May 7, 2008
Source: Arizona Republic

In the Phoenix area, four newly debuted regional outdoor lifestyle centers are about to face a major test: Can they keep their shoppers cool? Tempe Marketplace, Mesa Riverview, SanTan Villlage and the Promenade at Casa Grande are finding themselves mulling ways to keep customers strolling through, even as temperatures surpass 100 degrees.

"A misting system will work during the dry months," Arizona State University Sustainability Practices manager Bonny Bentzin told the Arizona Daily Republic. "But in July and August? Not so much. Shade is the key."

 
Recent Retail Headlines
Colliers International, PKF Capital List Houston's Historic Humble Oil Building for Sale
Aug. 08, 2008
The historic Humble Oil Building in Houston has been listed for sale by a team that includes PKF Capital, Colliers International - Dallas, and Colliers International multi-family Houston.
summerlin center General Growth Postpones Summerlin Opening
Aug. 07, 2008
General Growth Properties has delayed the opening of its 1.4 million-square-foot Las Vegas regional mall development, the Shops at Summerlin Centre, by perhaps a much as a year. Such a delay would push the opening of the property to 2010, when General Growth anticipates a stronger financial and retail environment.
Macy's to Join Idaho Gateway Center
Aug. 07, 2008
Developers Diversified Realty has has announced that Macy's will occupy an anchor position at Nampa Gateway Center, a 968,000-square-foot, open-air shopping center in Nampa, Idaho, a western suburb of Boise.
Retail Investors Seek Bright Spots
Aug. 07, 2008
It is hardly a secret to investment sales professionals that the retail sector is going through tough times and that the prospects for the rest of the year are uncertain at best. "We don’t have a crystal ball here, but I think the economy is the wild card," said Dan Fasulo, managing director for Real Capital Analytics Inc. "This is the first consumer-led recession we’ve had in two decades." Retail was also among the first sectors to bounce back in 2003-04 during the earlier part of the cycle, he noted.
Steve & Barry's Acquired by Bay Harbour Affiliate
Aug. 07, 2008
Port Washington, N.Y.-based Steve & Barry's LLC announced that the U.S. Bankruptcy Court for the Southern District of New York approved a "stalking horse" Asset Purchase Agreement with BH S&B Holdings LLC, a newly formed subsidiary of investment firm Bay Harbour Management.
 

 

Tenet Healthcare Takes 165,000 SF in Downtown Dallas
August 08, 2008
By: Dees Stribling, Contributing Correspondent --Tenet Healthcare Corp., an owner of hospitals and other medical facilities nationwide, is planning to move its headquarters to Downtown Dallas. The company, which only moved to the Dallas area from Southern California in 2004,...

JV Shells Out $40M for LA-Area Business Park
August 08, 2008
By: Thomas Peretti, Contributing Correspondent --The joint venture buyer has agreed to purchase College Business Park in Upland, Calif., just east of Los Angeles. The 314,000-square-foot business park sold for $39.9 million to Koll/PER, a limited liability company owned by...

RockBridge Takes $46M North Carolina Hotel Portfolio
August 08, 2008
By: Judy Feldman, Contributing Correspondent --RockBridge Partners, the equity platform of Columbus, Ohio-based RockBridge Capital, has announced the closure of a deal to acquire Gateway Center, a portfolio with four hotels, office and retail space and five acres of land...

Dublin Firm Enters Hotel Partnership with Oman Investment Fund
August 08, 2008
By: Tonie Auer, Southwest Correspondent --A little more than a year after purchasing Jurys Inns hotel chain, Dublin-based international private equity real estate group Quinlan Private has sold a 50 percent partnership interest in the hotel chain to Oman Investment...

Investcorp Forms $1B Entity to Acquire RE Debt
August 07, 2008
Investcorp Forms $1B Entity to Acquire RE Debt By: Dees Stribling, Contributing Correspondent --Though the acquisition of real estate debt isn't new, current market conditions seem to have given investors new impetus to acquire such debt. Recently, Investcorpýýýýýýýýýs U.S.-based real...

What to Do When Marketing Goes Wild
August 08, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Have your company's marketing initiatives wandered astray? Is the proverbial tail starting to wag the dog with respect to your current marketing campaigns? How do you know when marketing is out of control?...

Six Mistakes Real Leaders Avoid
August 01, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --I recently had a reader ask: "Is there a simple test that can be used to quickly determine an executive's leadership ability?" The short answer is yes. There are, in fact, a great...

Top Brokers Do Deals in Bad Markets, Too
July 18, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Many in the industry long for the frothy markets of 2005 when sellers experienced record low cap rates, buyers were aided by loose credit and a strong flow of funds from the capital...

Know Thy Customer
July 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --How well do you really know your customer? Let me put this as simply as I can. If you want to succeed in business you must be in touch with the demands of...

How to K.I.S.S Problems Goodbye
June 27, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Keep It Simple Stupid. One of the most effective ways to order your world is to simplify everything you encounter. The problem is that keeping it simple often becomes very difficult when our...