Property Types Retail
Whither the Humble Supermarket?
May 7, 2008
Source: New York Times

Where has the neighborhood supermarket gone? Lower-income areas in the New York city boroughs of Brooklyn and Queens are keenly feeling the loss, as reported by the New York Times. According to the city's food-workers union, there are only 550 decently sized supermarkets left in the city.

Rising rents and low profit margins are behind much of the store closings, the Times reports. Meanwhile, wheelchair-bound Della Dorsett must maneuver several blocks uphill from her nearest market. "We have nothing around here now," she told the Times.

 
Recent Retail Headlines
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.
CBRE Arranges Sale of Winter Garden Village in Florida
Oct. 03, 2008
CB Richard Ellis Inc. has arranged the sale of Winter Garden Village, a 1.14 million-sq.-ft. regional shopping center located in Winter Garden, Fla.
Canadian Linens 'N Things Assets May Be Saved from Liquidation
Oct. 03, 2008
According to a report in The New York Post, Canadian Assets of Linens 'n Things may be the target of a bidding battle.
 

 

REal Talk with Adam Perrotta-Monday
October 06, 2008
By Adam Perrotta, News Writer --If it's true that misery loves company, the struggling American financial sector can at least take some solace in the fact that Europe is not immune to difficulties of its own, such as the struggles...

Financial Markets Update: Over the Weekend
October 06, 2008
By Dees Stribling, Contributing Editor -- It might have been a weekend, but there's no rest for attorneys. At least not those involved in the Wachovia-Citigroup-Wells Fargo dispute. A judge has granted Citi an injunction blocking further Wachovia-Wells Fargo negotiations...

Casino Hotels Feel the Pinch from the Economic Slowdown
October 06, 2008
By Eugene Gilligan, Senior Editor -- Lower airline capacity, tighter credit markets and the general economic downturn now gripping the U.S. have taken a deep toll on casino hotels. A sector that was enjoying positive times as recently as 2007...

Manhattan Office Market Reaches Uncharted Waters
October 06, 2008
By Paul Rosta, Senior Associate Editor -- The flagship of the United States office investment and leasing market, Manhattan is now also at the heart of the financial crisis. The stunning events of recent weeks point to a new era...

Q&A: Trikona's Kalra Says Not Impacted by Down Cycle in India
October 06, 2008
By Barbra Murray, Contributing Editor -- While it is anticipated that it will be short-lived, India is currently facing a cyclical downturn in its economy, according to a recent report by real estate services firm Cushman & Wakefield Inc. However,...

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...

It's All In The Message
August 29, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Top CEOs understand the power, influence, and leverage created by great messaging. Do you ever find yourself sitting back and marveling at those chief executives who always seem to have the right thing...