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Top Stories for the Week of April 30, 2007
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Inland Western, Morgan Stanley Form $1B JV
OAK BROOK, IL-Inland Western Real Estate Trust Inc. and Morgan Stanley Real Estate are forming a $1-billion joint venture to purchase and manage retail properties.

Vegas Retail Demand Keeps Pace
LAS VEGAS-The local retail market expanded by 1.8 million sf during the first quarter of the year and demand kept pace, lowering average vacancy 20 basis points to a scant 2.5%.

Safeway Lifestyle Plan Stays on Track
PLEASANTON, CA-The supermarket chain plans to open two dozen more of its new Lifestyle units this year.

Burger King Exceeds Opening, Closing Forecast
MIAMI-The company is opening a recent record of 430 new stores worldwide during its current fiscal year, but it is also closing more than expected.

Charlotte Russe Opens on Both Coasts
SAN DIEGO-The young women’s retailer nears 400 stores in an expansion chasing mall space from Massachusetts to Washington.

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Features


GSR Hotseat
United Retail Group’s Fleishaker
“More than numerical goals, our overall goal is to open successful stores.”


GSR Insider
Teens Slow Spending, Gain Sales Influence
Although teens’ total spending slowed this spring, they represent annual sales of about $160 billion by themselves and influence even more.

Regional Coverage
Northeast     Print Full Region
PREIT Plans Redos of Two More Properties
24-Branch Citibank Retail Portfolio Up for Bids
House Receives TRIA Extension Proposal
Retail Strip Sells for $500 per SF
Trading Energy Credits Provides New Income Stream
Temporary Stay Granted in NY Casino Court Case
Southeast     Print Full Region
Office Depot Forecasts Store Openings
REIT Takes 350,000-SF Shopping Center for $95M
Work on 350,000-SF Retail Center Gets Under Way
Additional $35M Funds Redevelopment of Outlets
Midwest     Print Full Region
Wendy’s Examines Strategic Alternatives, Sale
Panera Bread Growth Remains Steady
Cosi Expansion Heats Up Despite Stale Q1
Work Starts on 237,000-SF Quarry Plaza
East Town Mall Sells for Less Than $13M
DLC Buys 67,000-SF Center Near Top Mall
Retailer Leases 40,000 SF for Office Space
Four 50-Story Apartment Towers Trade for $470M
Southwest     Print Full Region
P.F. Chang's Expands, Refines Formats
Colonial Sheds 10M SF to JV in $1.7B Deal
Best Buy Gets Front-Row Seat in $800M Plan
Developer Charts $35M Plan For 40-Acre Coup
18-Month Owner Selling 108-Acre Retail Tract
1031 Exchanges Back 119,638-SF Retail Deal
Specialty Play Lands One More Shop
Retail Connection Adds Another Key Executive
West     Print Full Region
IHOP Boosts New-Unit Pipeline
Turnberry’s Town Square Takes Shape
Mixed-Use Project Advances Town Center
OC Buyer Plans to Restore Palladium
Icahn Selling AREP Casinos, Land for $1.3B
Global     Print Full Region
Rivals Lift ABN Amro Offer to Nearly $99B
Carrefour to Buy Atacadao for $1B-Plus
Barclays To Take ABN Amro in $91B Deal


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