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Top Stories for the Week of August 6, 2007
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Jones Favors Fast Retailing’s Barneys Bid
NEW YORK CITY-Istithmar has until Aug. 3 to beat out Fast Retailing Group’s $900-million bid.

PREIT Picks Up Pace of Redevelopment
PHILADELPHIA-With a 13% increase in net operating income at eight redeveloped properties, the retail REIT targets 12 more redevelopments by 2009.

Kentucky Company Buys Five Shopping Center Portfolio
NEW YORK CITY-A New York City-based real estate company sells a 700,000-sf five shopping center portfolio in Kentucky and West Virginia at a cap rate of 8.5%.

Foot Locker Closing More Stores, Considers Sale
NEW YORK CITY-The company is closing 250 units this year, twice as many as were previously forecast.

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Features


GSR Hotseat
DJM Realty’s Grasier
“There’s still good demand on surplus leases and the landlords have gotten smarter.”


GSR Insider
KKR Buyout of Macy’s: Deal or No Deal?
If a $24-billion buyout of Macy’s really was ever in the offing, did it make sense then, and does it now?

Regional Coverage
Northeast     Print Full Region
Kimco Trumpets Results, Ignores Stock Slide
Strong Sales Spur Coach Growth
Crosland Plans 20-Acre Retail Site
American Realty Buys 2nd Waldorf Retail for $39M
Milbrook Scores $30M in Acquisition Capital
Richmond Retail Trade Reflects Market’s Lure
Southeast     Print Full Region
Regency Centers' Net Income Hits $44M
Ruth’s Chris Opening Its First Japan Unit
SCI Acquires 334,000 SF of Retail Space
Tampa Council Greenlights 353,000-SF Ikea
Midwest     Print Full Region
Simon Sees Rent Rates and Occupancy Rise
Coyote Buys 634,181-SF Alton Square Mall
Caribou Coffee Opening First NJ Stores
Famous Dave’s Still Plans Up to 30 New Units
H Mart Signs for 55,000-SF at Ogden Mall
Southwest     Print Full Region
Weingarten Boosts Development Pipeline
Kona Grill Reports Solid Same-Store Sales
Buchanan Street JV Pockets Mall for $40M
Millennium Steps Up to Plate for Stadium Retail
$13M Loan Jump-Starts Retail for Waterpoint MXD
West     Print Full Region
Big 5 Blames Weather for Same-Store Drop
Chipotle Plans 120 New Locations
Net Absorption Keeps Q2 Retail Vacancy Low
Fund Buys Stake in 212,116-SF Retail Center
Bass Pro Opens 180,000-SF Outdoor World
Cushman & Wakefield Lands 3M-SF Portfolio


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