retail market Archives

Reis: U.S. strip mall vacancies decline in Q2

(Reuters) – U.S. strip mall vacancies fell slightly in the second quarter, while retail mall vacancies remained unchanged, real estate research firm Reis Inc said in a report. The national vacancy rate for strip malls was 10.3%, down from 10.4% in the first quarter and 10.5% in the second quarter of 2013. Retail mall vacancies […]

DDR, Blackstone in $2 Billion Acquisition of 76 Power Centers

Archive / By Karen Schutte

Private equity fund Blackstone Real Estate Partners has teamed up with DDR Corp. again, this time bringing the Beachwood, Ohio–based REIT into its previously announced deal to acquire a portfolio of 76 power centers from American Realty Capital Properties. This third joint venture of the two companies will buy the portfolio for nearly $2 billion, including $461 million in assumed

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