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Top Stories for the Week of March 5, 2007
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Gap Closing Down Forth & Towne Concept
SAN FRANCISCO-The company will close the 19 stores of the new concept after an 18-month pilot that began August 2005.

Nordstrom Expands Across Channels
SEATTLE-The luxury department-store chain is opening three full-line units this year as well as an outlet store.

PREIT Reaps Rewards from Redevelopment
PHILADELPHIA-Ongoing work to raise the quality of its portfolio pays off with a 4.4% rise in overall sales per sf and a 6.1% increase in net operating income for full year 2006.

Trans World’s Year End Disappoints
ALBANY, NY-Hit by a drop in music sales, Trans World Entertainment said it was disappointed in last year’s results and will transition the firm into “a full entertainment center.”

Weingarten Buys $1B In Assets
HOUSTON-Weingarten Realty Investors set a $1 billion acquisition record in fiscal 2006 in its first year of a three-year strategic plan.

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Features


GSR Hotseat
Festival Cos.’ Mark Schurgin
“We look for unique opportunities in all aspects of retail.”


GSR Insider
Does Whole Foods Need Oats?
By adding as many as 110 units, the nation’s largest organic grocer raises its stakes.

Regional Coverage
Northeast     Print Full Region
Crow Arranges $17M Acquisition Financing
Mixed-Use Project’s Second Phase Gets Approval
Investors Eye 648,000-SF Charles River Plaza
Panel Urges Congress To Act Before TRIA Expires
DC Is Primed For A Strong 2007
Local Investors Take Government Center Garage
Whole Foods Expands Footprint In CT
Southeast     Print Full Region
Home Depot Cautious On Housing Market
Opus South To Develop $300M Mixed-Use Project
213,054-SF Center Carries Nearly $47M Price Tag
Madison Developing 254,000 SF in Two Centers
Year-End Start In Sight for 1,350-Acre Disney Plan
Midwest     Print Full Region
Victoria’s Secret Ups Store Size, Opens Units
DDR Closes on $6.2B Inland Takeover
Target Ramps Up Food Offerings
Federated To Become Macy’s Group
Three Movie Theaters Totaling $47M Planned
$19M in Debt Financing Secured for New Plaza
Group Grabs Sandburg Mall With Low-Cost Deal
JV Buys 100 Acres for Homes, Retail Center
Southwest     Print Full Region
Radio Shack Turns Profit After Cutback
Blockbuster Could Reduce Store Size
Triple Net Bags 105,864 SF for Retail Push
PetSmart Exits Horse Tack Department Biz
West     Print Full Region
Gap Opens Old Navys, Closes Gaps
Guitar Center Rolls Out More Stores
Retail Center Sells, Another Wins Approval
Vegas Casino Ownership Flips To Harrah's
World Market Building Plan Gains Steam
Retail Buyer Spends $17M for 55,000 SF
Global     Print Full Region
Brookfield Closes $216M Deal With Hines Unit
Hammerson Posts $185M Profit for 2006


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