Content about Property

May 9, 2013
Canadian Tire Corp. to capitalize on real estate holdings with REIT

Canadian Tire Corp. plans to spin off most of its real estate assets into a C$3.5 billion (approximately U.S. $3.49 billion) real estate investment trust, with an initial public offering expected later this year.

May 7, 2013
Glimcher Gets Some Fresh Air

The Glimcher Realty Trust pipeline is filled with open-air centers. "We're seeing a lot of opportunity in the market and even our own portfolio with open-air right now," said Michael P. Glimcher, chairman and CEO, Columbus, Ohio-based Glimcher.

Over the last three years, Glimcher has acquired five properties. Four were open-air. Today, open-air centers account for about 20% of the company's 29 properties.

Recently, Glimcher shared his insights about open-air and enclosed centers with Chain Store Age contributing writer Michael Fickes.

April 25, 2013
SRS Real Estate, Cresa create lease admin company

SRS Real Estate Partners and Cresa announced an agreement to form a new company to perform lease administration services for retail, office and industrial clients.

March 4, 2013
NAI MLG Commercial names VPs

NAI MLG Commercial announced that Tim Janusz and Brett Garceau have been promoted to VP.

September 24, 2012
Rent Commencement and Construction

By Sandra Gold Slon, attorney, Los Angeles-based TroyGould

August 23, 2012
Receivership Sales: How Lenders Can Protect Their Security and Minimize Liability

By James H. Donell, CPM CCIM

August 15, 2012
Focus on: Landlord/Tenant Partnerships

Last June, two organizations — Retail Industry Leaders Association and International Council of Shopping Centers — co-sponsored a sustainability initiative that ultimately would set the bar for landlord/tenant partnerships.

The last 14 months haven’t been without bumps. Forging positive, mutually beneficial programs that involve cooperation from shopping center owners and their retail tenants has long been one of this industry’s greatest — and most frustrating — challenges.

April 25, 2012
‘No Easy Deals’: High hopes, lack of space can make retail deals difficult

One of the biggest storylines in retail over the past few months has been the legitimately good news that retailers are finally back in the hunt for space.

April 19, 2012
Divaris completes leases for 
over 80,000 sq. ft.

Divaris Real Estate Inc. announced the following lease transactions were completed for several retail tenants:

March 23, 2012
PREIT selects Joseph Coradino as next CEO

The trustees of Pennsylvania Real Estate Investment Trust (“PREIT”) announced that Joseph F. Coradino will become CEO of the company as of the company’s annual meeting on June 7, succeeding Ronald Rubin, who will serve as executive chairman.

February 27, 2012
Jones Lang LaSalle appoints retail leasing specialist

Jones Lang LaSalle announced that John Stevens joined the firm’s San Francisco office as VP leasing specialist.

January 3, 2012
Grubb & Ellis: Continued sluggish real estate recovery in 2012

The struggling housing market, weak job growth and ongoing consumer deleveraging caused the retail market to lag other property sectors in 2011, according to Grubb & Ellis Co.’s 2012 National Real Estate Forecast, which predicts a year of slow but continued growth for all commercial real estate property sectors.

September 27, 2011
Focus on: Retail Finance

Lending to retailers is once again on the rise, as capital flows back into the market and retailers that stayed afloat during the recession look to strengthen their competitive positions. During the economic downturn, the more nimble and savvy retailers cut costs, reduced inventory levels, renegotiated leases and closed underperforming stores. 


September 23, 2011
Pier 1 to open three new metro NYC locations

Welco Realty, an X Team Partner, said it has arranged a lease representing Pier 1 Imports for Rego Center, in Queens, N.Y., for 8,500 sq. ft.

August 11, 2011
Jones Lang LaSalle wins 13 new retail assignments

Jones Lang LaSalle announced it has been chosen for 13 new retail services assignments including property management, leasing and accounting services for a variety of owners throughout the United States.

June 7, 2011
RECon Revisited, a Series: Part 1

As part of our ongoing coverage of RECon, the annual retail real estate convention conducted by the International Council of Shopping Centers and held May 22-25 in Las Vegas, Chain Store Age talked with Adam Ifshin, president and CEO of Tarrytown, N.Y.-based DLC Management Corp., to get his take – post-convention – about the state of the industry.

What are your key takeaways from RECon 2011?

April 4, 2011
Lease exit strategy subleases

Sandra Gold Slon, real estate partner, TroyGould

March 1, 2011
High rent, wrong use?

Some highly unusual tenant mixes have been popping up everywhere in the retail market over the past couple of years.

February 16, 2011
Survey: Only 7% of companies are well prepared to comply with new leasing standards

Only 7% of executives believe their companies are extremely or very prepared to comply with new lease accounting standards proposed by the Financial Accounting Standards Board (FASB), according to a recent Deloitte survey.

December 10, 2010
Grubb & Ellis bolsters lease administration capabilities

Grubb & Ellis Co. announced that Susan E. Calvert and Joe I. Munoz have joined the company’s Lease Administration group.

December 1, 2010
Focus on: Smart Growth 
Chains, big and small, plot growth with caution

Eighteen months ago, the word in retail was contraction. Talk of expansion was mostly shelved, pending some kind of palpable turnaround in the economy.


October 11, 2010
Subordination, Non-Disturbance and Attornment (SNDA): What does it mean? Why do tenants care?

What is an SNDA? Tenants who become tired when reading complex and lengthy leases may be tempted to skip over a paragraph at the end of the document that starts with the words “Subordination, Non-disturbance, and Attornment” (SNDA).  However, the SNDA language has taken on new importance in this economic environment in which it is no longer shocking to learn that a commercial landlord has walked away from the mortgage on his major office building. 

August 18, 2010
Marcus & Millichap makes exec announcements

Marcus & Millichap Real Estate Investment Services said it has named Dean Zang to the...

August 1, 2010
LoopNet, CBRE launch real estate information partnership

Commercial real estate marketplace LoopNet announced that CB Richard Ellis has signed an agreement to...

June 9, 2010
Avoiding the 'CAP Trap'

With cutting costs top-of-mind for every retail chain trying to make ends meet in a lingering downturn, the National Retail Tenants Association (NRTA) is using its influence and expertise to address the occupancy side of the retail expense equation.

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