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Top Stories for the Week of August 20, 2007
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Darden To Take Rare Hospitality in $1.4B Deal
ATLANTA-In addition to its more than 300 restaurants, Rare Hospitality plans to open between 38 and 40 new ones this year.

Nordstrom Has Strong Q2, Plans Three Openings
SEATTLE-Same-store sales soared 7.9% in some locations in July due to a successful anniversary sale, the company said in a conference call.

Arby’s Franchisees To Add 354 Units by 2013
NEW YORK CITY-The company is dropping its asset management subsidiary and will just concentrate on the Arby’s chain, with a move to Atlanta.

Sears, Kmart Post Comp-Store Declines in Q2
HOFFMAN ESTATES, IL-Most categories of products saw losses, according to executives.

Green Projects Get Moving in Florida
KISSIMMEE, FL-The number of LEED-certified projects in Florida is increasing, but developers still face challenges when building green.

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Features


GSR Hotseat
Mid-America’s Tausk On Banks
“Despite over-saturation, no one truly has a tremendous amount of market share.”


GSR Insider
Stores-Within-Stores Take Many Forms
Whether multiple retailers join forces in one location or one retailer segregates a department into a boutique, the store-within-a store concept proliferates.

Regional Coverage
Northeast     Print Full Region
CalSTERS, Heitman Selling 660,000-SF Retail Block
Carrols to Expand Hispanic Fare, Despite Loss
Newbury Street CRE Sales Crest $100M
Giggleberry Fair Looking to Expand
$43M Mixed-Use Project Gets State Grant
$10M-Plus Takes 58,000-SF Retail
Sixth Avenue Electronics Looks to Move HQ
RexCorp, Destination Group Revise Mixed-Use Offer
Self-Storage Convert Sells for $2M
Penn Gaming Expands as $8.9B Buy-Out Nears
Southeast     Print Full Region
Retailers Still Pushing Into Florida Sites
Edens & Avant Adds 148,000 SF to Portfolio
Retail Taking Shape at $60M Forum Project
92,000-SF Mall Trades for $37M
Australian Buyer To Acquire Malls for $400M
Fifth Third Bancorp Enters NC With $1B Acquisition
Midwest     Print Full Region
Simon Names Tenants for 125,000 SF Addition
BlackRock Purchases Calhoun Square for $45M
JV Makes $20M Buy, Renovation Plan for Center
Developers Close In on $100M MXD Project
Magna Drops $325M Racetrack-Retail Project
$522M Twins Ballpark Nears On-Deck Circle
Apex Fills Former Sam’s Club with Kart Racing
Macy’s Spending $50M for Distribution Center
Southwest     Print Full Region
Wal-Mart Trims Q3 Expectations
Taco Bueno Franchisee Readies $50M-Plus Plan
Warmack Lands Contract for 385,641-SF Mall
$55M LEED Retail Project Ready to Get Under Way
Phillips Edison Acquires 203,524-SF Value-Add
Vista Property Emerges From Major Retail Split
Pacific Castle Nabs First Deed in Area for $40M
Simpkins Buys 213 Acres Surrounding Katy Mills
West     Print Full Region
Red Robin Boosts Expansion Plans
Longs Drugs Plans Store Relocations
Panos Buying Mill Creek Center for $70M
Retail Sales of $16M Close With Upside
Credit Crunch, Diverse Economy Dominate Talks
Global     Print Full Region
GE Produces Nearly $29M for Toronto’s Filmport
Doughty Hanson Trading Finnish Mall for $450M
KL Holdings Making $65M Bet on Aruba


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