The ICSC Retail Report says retailers are set to open about 40,000 U.S. stores between November 2014 and November 2015, a 1.2% increase in store opening plans compared with year-end 2013, according to an RBC Capital Markets database of 2,000 chains. The retailers reported plans to open 77,547 stores between November 2014 and November 2016 over […]
ICSC Retail Report: Predicts 40,000+ new stores to Open in 2015 Read More »
BEACHWOOD, Ohio, DDR Corp. (NYSE: DDR) the owner and manager of 396 value-oriented shopping centers including Tucson Spectrum and representing 108-million-square-feet in 39 states and Puerto Rico announced Thursday the commencement of a multi-year proactive lease termination initiative aimed at recapturing high-quality anchor store locations across its portfolio. Through this initiative, DDR is collaborating with retailers
DDR Announces Proactive Project To Recapture Prime Anchor Store Locations Read More »
First Washington Realty, Inc., through its Global Retail Investors, LLC joint venture, purchased River Center at River and Craycroft in Tucson for $24.8 million ($212 PSF). The 117,000-square-foot retail center had been owned and operated by Larsen Baker, LLC of Tucson for 14-years and was 100% leased at time of sale. The four-anchor center (built
River Center Sells for $24.8 Million – First Tucson Retail Sale of 2014 Read More »