Home Depot

Atlanta - Several Home Depot customers filed a class-action lawsuit on Thursday, Sept.4 in the U.S. District Court for the Northern District of Georgia, Atlanta Division. The suit alleges that Home Depot failed to meet its legal obligation to protect their credit card and personal information and failed to timely warn them that their information had been stolen or compromised.

Dallas -- CBRE’s National Retail Investment Group announced the sale of Centennial Plaza, a 233,797-sq.-ft. power center in Oklahoma City, on behalf of Kimco Realty Corp., to American Realty Capital-Retail Centers of America.

Centennial Plaza, at 100% occupancy, is tenanted by Home Depot, Best Buy, Gordmans and Guitar Center. Home Depot’s Centennial Plaza location is the retailer’s first and only urban location in the city.
 

Atlanta – The alleged security breach that recently hit The Home Depot Inc. may have compromised credit and debit card data at nearly all of the company’s stores. According to the security website Krebsonsecurity.com, the unique ZIP codes of a large batch of new cards listed for sale on underground hacker sites shows a more than 99% overlap with nearby Home Depot stores, suggesting a widespread breach.

By Chris Stoneff, Lieberman Software

My experience in cyber security tells me that the retail sector probably represents the most fertile ground for cyber criminals. That's because professional hackers understand that retail has never focused on IT security to the extent seen in other industries (like banks or payment processors) that handle customer payment card data.

Atlanta – The Home Depot Inc. is the latest retail chain to investigate a possible credit card data breach.  

“I can confirm we are looking into some unusual activity and we are working with our banking partners and law enforcement to investigate,” said Home Depot spokesperson Paula Drake in a prepared statement.

Cincinnati -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Buttermilk Towne Center in Crescent Springs (Cincinnati MSA), Kentucky. The 277,533-sq.-ft. center was purchased by Farmington Hills, Mich.-based Ramco-Gershenson Properties Trust for $42 million.

The Home Depot is the latest major retailer to investigate what looks like a data breach.

The Atlanta-based retailer is looking into the matter and also working with law enforcement and bank investigators.

"Protecting our customers' information is something we take extremely seriously, and we are aggressively gathering facts at this point while working to protect customers,” the retailer said in a statement.

Atlanta – Customers of real estate management software provider Yardi can now have access to thousands of The Home Depot products either in store or online with a click of a button via the online procurement system offered with Yardi Procure to Pay, a fully automated end-to-end procurement and invoice processing platform.