Retail
Ramco-Gershenson Grabs 2 Midwestern Malls for $150M
Ramco-Gershenson Properties Trust has acquired two community shopping centers, one in the Twin Cities area and the other in metro Cincinnati, for $150 million.
INTERNATIONAL: Dubai Holding, Local Authorities Unveil Plans for New City, World’s Largest Indoor Mall
Developer Dubai Holding and local authorities have unveiled plans to build an entertainment district along with an 8 million-square-foot mall in the largest city of the United Arab Emirates.
JULY ISSUE: Greening Walgreens
Walgreens has opened a prototype net-zero energy retail store – the first such store in the nation. Here’s a close look at what went into the Evanston, Ill., property, and what they’re getting out of it.
Thor Equities Closes on Manhattan’s 685 Fifth Ave.
Thor Equities has closed on its purchase of 685 Fifth Ave., at the corner of Fifth Avenue and 54th Street in Manhattan.
Special Report: Yardi’s Enerliance Partners with ConEd
Yardi Systems and new acquisition Enerliance joined with the ConEdison Green Team to host the New York City Energy Summit, introducing a new energy reduction initiative.
SPECIAL REPORT: PREI Raises Concerns: RE Valuations Could be Based on QE Worldwide
Prudential Real Estate Investors said that commercial real estate prices are on the rise worldwide as economies rebound internationally, but expressed concern that loose monetary policy could be driving property valuations, in its June 2014 Global Outlook.
MIPIM Special Series – Part Three: The Emergence of Short-Term Retail Leases
The last in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.
PREI, AP3 JV Acquires $360M Worth of German Retail Assets
A new joint venture between Prudential Real Estate Investors and the Third Swedish National Pension Fund, AP3, will invest in retail properties throughout Germany.
Branding Benefits: Walgreen’s Sustainability Efforts vs. the Competition
In a cut-throat, thin-margin consumer marketplace, Walgreen Co.’s portfolio sustainability endeavors help differentiate the brand from the competition.
Replicating Success: The Nuts & Bolts of Walgreen’s Net-Zero Model
In designing its retail store in Evanston, Ill., Walgreen Co. management tasked the facilities team with engineering a net-zero store that can be replicated across the country on a large-scale basis.