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Top Stories for the Week of December 18, 2006
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RioCan, Ramco Form $1.5B JV
FARMINGTON HILLS, MI-The Canadian REIT and the locally based center owner are buying and developing US assets through the venture.

Factory Card Explores Sale
NAPERVILLE, IL-In a bid to enhance shareholder value, Factory Card & Party Outlet Corp. said it is considering the sale of its 191 stores.

Costco Hits 500 Stores
ISSAQUAH, WA-The company opens 16 new stores, 12 in the first quarter and four more in the current quarter.

Dollar General Begins Closings
GOODLETTSVILLE, TN—The refocusing plan announced earlier this month, which includes up to 400 closures, is under way.

Safeway Outlines Strategy
PLEASANTON, CA-The supermarket chain plans to open 25 new stores in 2007 and to remodel 275 in its 1767-store chain.

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Features


GSR Hotseat
Bayer Properties’ Jeffrey Bayer
“I think we overbuild everything in the real estate business.”


GSR Insider
Gift Cards Set Record
A study sees gift card sales of $24.8 billion or 4% of all holiday spending.

Regional Coverage
Northeast     Print Full Region
Cedar Adds Six PA Centers for $94M-Plus
Carrols Prices IPO
Calloway REIT Closes on Retail Sites
Atlantic Yards Gets Approval
Firm Buys NJ Mixed-Use Site
Buchanan Starts $1B Mixed Use
Fitch: Retail Still Stable
Baltimore Portfolio Trades for $77M
Southeast     Print Full Region
Burger King Entering Japan
Five-Parcel Site Sale Nears $37M
Investor Buys 128 Acres for Future Development
$145M Face Lift Planned for Boomtown Casino
Midwest     Print Full Region
Bakers To Slow Store Growth
Inland's $40M Gets Chicago Ctr.
Macquarie to Reduce Stake in Advisory Firm
Southwest     Print Full Region
Pier 1 Examines Stores, Leases
Dallas Center Draws $40M
Brytar Breaks Ground on Two Projects
West     Print Full Region
Gottschalks Hires UBS
Hardee’s Nov. Comps Up 5.2%
Wickes Plans Vegas Hat Trick
$43M Finances Acquisition of Retail Site
PM Realty Lands Leases
Owner of Complex Trims Interest Costs


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