British Land announces redevelopment plans for 1 Triton Square, Regent’s Place

British Land announces redevelopment plans for 1 Triton Square, Regent’s Place   London, 2017-Nov-17 — /EPR Retail News/ — British Land announces that it will redevelop 1 Triton Square, Regent’s Place and has finalised terms on a pre-let of the office space covering 310,000 sq ft with Dentsu Aegis Network, the global brand, media and […]

NAREIT names Macerich 2017 Retail “Leader in the Light” for the fourth straight year

Macerich Earns Nareit’s Prestigious Retail ‘leader In The Light’ Award For Fourth Straight Year, Leading Industry In Sustainability Macerich Also Achieves #1 GRESB Ranking for North American Retail Sector in 2017, Third Year in a Row SANTA MONICA, Calif., 2017-Nov-17 — /EPR Retail News/ — Macerich (NYSE: MAC), one of the nation’s leading owners, operators and […]

CBRE welcomes Curt Grantham as Global President of Project Management

Los Angeles, 2017-Nov-16 — /EPR Retail News/ — CBRE today (November 13, 2017) announced that Curt Grantham has been appointed to a new role as Global President of Project Management.  Mr. Grantham will drive strategy, growth and client outcomes for CBRE’s Project Management businesses across all geographic regions. Mr. Grantham has been with CBRE for […]

CBRE hosted its first-ever simulcast for members of its Women’s Network

Live Event Viewed by Thousands Of Members Worldwide Los Angeles, 2017-Nov-16 — /EPR Retail News/ — CBRE hosted its first-ever simulcast for members of the CBRE Women’s Network, on November 9. The live-streaming presentation, called “A Conversation with Amy Cuddy,” was viewed by more than 3,000 CBRE women and men across the U.S., Canada, Latin […]

CBRE acquires Streetsense’s retail brokerage operations

Los Angeles, 2017-Nov-16 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (November 15, 2017) announced it has acquired a 50% interest in Streetsense, a privately-held strategy and design company, creating a joint venture to provide services that help retailers and other clients create compelling consumer experiences. As part of the strategic investment […]

GGP Inc. receives unsolicited proposal from Brookfield Property Partners L.P.

GGP Inc. receives unsolicited proposal from Brookfield Property Partners L.P.   Board Establishes Special Committee to Evaluate Proposal Stockholders Advised to Take No Action at This Time CHICAGO, 2017-Nov-15 — /EPR Retail News/ — GGP Inc. (NYSE: GGP) (“GGP” or “the Company”) today (November 13, 2017) confirmed that on Saturday, November 11, 2017, the Company’s […]

Taubman announces return of “Santa’s Flight Academy” to 12 of its shopping centers from November 9 through December 24

Larger-than-life reimagination of the North Pole features state-of-the-art technology that transforms each child into a ‘Cadet’ and delivers a sneak peak of ‘Ferdinand’ in theaters Dec. 15 BLOOMFIELD HILLS, Mich., 2017-Nov-09 — /EPR Retail News/ — To capture the magic and wonder of the holiday season, Taubman (NYSE: TCO) today (11/07/2017) announced that “Santa’s Flight Academy,” a one-of-a-kind, immersive […]

Joe Browns debuts its very first physical location at British Land’s Meadowhall

Joe Browns debuts its very first physical location at British Land’s Meadowhall   London, 2017-Nov-08 — /EPR Retail News/ — Joe Browns has opened its first ever store at British Land’s Meadowhall, one of the UK’s premier shopping destinations. The 4,000 sq ft store, located on Meadowhall’s High Street, immerses customers in Joe Browns’ colourful world […]

Kimco commences $186 million redevelopment of former Hylan Plaza shopping center on Staten Island into The Boulevard

Kimco commences $186 million redevelopment of former Hylan Plaza shopping center on Staten Island into The Boulevard   Anchors for the multi-level, open-air center include ShopRite, Alamo Drafthouse, Marshalls, Ulta, PetSmart, LA Fitness and more NEW HYDE PARK, N.Y., 2017-Nov-08 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) has commenced construction on The Boulevard, […]

CBRE Group completes acquisition of project management and design engineering provider Heery International, Inc.

Los Angeles, 2017-Nov-01 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (October 30, 2017) announced it has completed its previously-announced acquisition of Heery International, Inc. (Heery), the project management and design engineering business of the international infrastructure group, Balfour Beatty LLC. Heery, based in Atlanta, is a leader in providing project management, […]

RioCan-HBC JV engages CBRE and Brookfield Financial Real Estate Group to explore possible sale of its Vancouver property

Expects to close $200 million mortgage; proceeds to be distributed to HBC and RioCan Real Estate Investment Trust TORONTO and NEW YORK, 2017-Nov-01 — /EPR Retail News/ — RioCan-HBC JV (“JV”), a joint venture between HBC (TSX: HBC) and RioCan Real Estate Investment Trust (“RioCan” (TSX:REI.UN) announced today (October 30, 2017) that it has engaged […]

CBRE acquires San Francisco-based, technology-focused boutique real estate brokerage firm Custom Spaces

Acquisition Fortifies CBRE’s Technology Practice Globally and Creates the Premier Tech Practice in the Bay Area Jenny Haeg, Custom Spaces’ Founder, Joins CBRE as Vice Chairman within its Advisory & Transaction Services business LOS ANGELES, CA, 2017-Oct-23 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today announced the acquisition of the business of […]

Federal Realty Investment Trust honored with the inaugural Best Sustainability Program award from NAIOP DC | MD Chapter

The Trust receives Award of Merit for Best Sustainable Program from NAIOP DC | MD Chapter ROCKVILLE, Md., 2017-Oct-17 — /EPR Retail News/ — Federal Realty Investment Trust (NYSE: FRT), a national leader in the retail real estate industry, received the inaugural Best Sustainability Program award from the NAIOP DC | MD Chapter.  The award is given to […]

CBRE: Vacant office space in the U.S. declined by 10 basis points (bps) during the third quarter of 2017

Suburbs Continue to Show Strongest Decreases Los Angeles, 2017-Oct-11 — /EPR Retail News/ — Vacant office space in the U.S. declined by 10 basis points (bps) during the third quarter of 2017 (Q3 2017) dropping to 12.9 percent, according to the latest analysis from CBRE. Continuing a recent pattern, suburban office markets continued to set […]

MAPIC 2017 to showcase latest retail real estate projects in 25 countries

Paris, 2017-Oct-11 — /EPR Retail News/ — More than 2,500 property developers and shopping centre owners will be at MAPIC 2017 to showcase their latest projects, giving international retailers a unique three-day opportunity to find out about new site locations. Organised by Reed MIDEM, the International Retail Real Estate Market will be held in Cannes from […]

Taubman Centers to announce its third quarter 2017 earnings on November 1, 2017

BLOOMFIELD HILLS, Mich., 2017-Oct-09 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) will announce its third quarter 2017 earnings after the market closes on November 1, 2017. The company will host a conference call to discuss these results on November 2, 2017 at 10 a.m. EDT. Shareholders and interested parties may listen to a live broadcast of the […]

CBRE to acquire project management, design and commissioning services provider Heery International, Inc

Los Angeles, 2017-Oct-09 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (October 5, 2017) announced a definitive agreement to acquire Heery International, Inc. (Heery), the project management and design engineering business of the international infrastructure group, Balfour Beatty LLC. Heery, based in Atlanta, is a leader in providing project management, design and […]

CBL Properties completes strategic rebranding initiative

CHATTANOOGA, Tenn., 2017-Oct-09 — /EPR Retail News/ — CBL Properties (NYSE: CBL) today (10/5/2017) announced the completion of a strategic rebranding initiative to update its communications and more accurately reflect the company’s current strategy, vision and values. Going forward, the company will refer to itself as CBL Properties and will use newly designed business and […]

RioCan REIT enters into agreement with Sears Canada for its locations at RioCan Oakville Place, Ontario and Garden City Shopping Centre in Manitoba

TORONTO, 2017-Oct-06 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan”) (TSX:REI.UN) is pleased to announce that it has entered into agreements with Sears Canada Inc. (“Sears”), which received court approval on October 4, 2017. Sears is currently subject to restructuring proceedings under the Companies’ Creditors Arrangement Act (“CCAA”). RioCan and its co-owner Hudson Bay Company (“HBC”) have secured a surrender […]

British Land announces departure of Chief Financial Officer Lucinda Bell

London, 2017-Oct-05 — /EPR Retail News/ — British Land announces that Lucinda Bell, Chief Financial Officer, has informed the Board of her intention to stand down from the Board and leave the Company on 4 April 2018. Lucinda was appointed to the Board in March 2011, becoming Chief Financial Officer in May 2011. The Company […]

DDR provides further update on the impact of Hurricane Maria in Puerto Rico

CLEVELAND, 2017-Oct-05 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) provided a further update today (Oct 04, 2017) on its process of providing assistance and support to its personnel in Puerto Rico as well as assessing damage from Hurricane Maria to its assets in Puerto Rico. “We have now been in contact with all of our team […]

CBRE expands role of GWS Executive Managing Director Karen Ellzey to include Co-Executive Sponsor of LGBT & Allies

Los Angeles, 2017-Sep-22 — /EPR Retail News/ — CBRE today (September 20, 2017) announced that Karen Ellzey, CBRE Executive Managing Director, Global Workplace Solutions (GWS), has taken a leadership role for LGBT & Allies. Ms. Ellzey will serve as the Co-Executive Sponsor of the company’s employee network group. Founded in 2009, LGBT & Allies is a […]

Kimco Realty declares cash dividend for its Class L depositary shares

NEW HYDE PARK, N.Y., 2017-Sep-20 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) announced today (9/19/2017 ) that its board of directors has declared the initial cash dividend for the company’s Class L depositary shares, each representing 1/1000 of a share of 5.125% Class L cumulative redeemable preferred shares. This initial dividend of $0.20998 […]

CBRE again the top global real estate advisory firm in the annual Euromoney Real Estate Awards

Los Angeles, 2017-Sep-20 — /EPR Retail News/ — CBRE has been named the top global real estate advisory firm in the annual Euromoney Real Estate Awards for the sixth consecutive year. Globally, CBRE was also ranked highest overall for Sales/Leasing and Valuation services. In addition to the global awards, CBRE was named as the leading […]

InvenTrust Properties acquires River Oaks retail center in Valencia, CA

InvenTrust Properties acquires River Oaks retail center in Valencia, CA   DOWNERS GROVE, Ill., 2017-Sep-20 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today ( 09/18/2017) announced the acquisition of River Oaks, a 275,000 square foot grocery-anchored center located in a premier San Fernando Valley sub-market of Los Angeles, CA, for approximately $115 […]

British Land: Meadowhall received resolution to grant planning consent for £300 million extension

British Land: Meadowhall received resolution to grant planning consent for £300 million extension   London, 2017-Sep-19 — /EPR Retail News/ — Meadowhall, one of the UK’s most successful regional shopping destinations, has received a resolution to grant planning consent for a £300 million extension that will transform the centre’s leisure offering for its 24 million […]

Bon-Ton Stores, Inc. enters into $18.9 million sale-leaseback transaction for its Herberger’s location at Roseville, MN

YORK, Pa., 2017-Sep-14 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced that it has entered into an agreement for a $18.9 million sale-leaseback transaction for its Herberger’s location at Rosedale Center in Roseville, MN. Proceeds from the transaction will be used to repay outstanding debt. William Tracy, President and Chief Executive Officer, commented, “We are pleased to […]

ENGLAND: LCP announces new tenants at Enterprise City in Spennymoor

LONDON, 2017-Sep-14 — /EPR Retail News/ — Efforts to attract new tenants to business estate near Durham are paying off, with six units having been let since January to growing local companies, leading national property, investment and management company LCP has announced. Enterprise City in Spennymoor, which is part of Durhamgate, the largest mixed-use regeneration scheme in the […]

Majid Al Futtaim to develop all new, mixed-use community at Cityscape Global 2017 in Dubai

Majid Al Futtaim announces plans to launch new flagship mixed-use community in Dubai  Dubai, UAE, 2017-Sep-13 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today announced plans to develop an all new, mixed-use community in Dubai, at Cityscape Global 2017. The landmark […]

British Land announces 98% occupancy of Broadgate’s 2FA with new lettings to Starling Bank and Innovate Finance

LONDON, 2017-Sep-12 — /EPR Retail News/ — British Land and GIC announce that Starling Bank, the first mobile-only challenger bank to launch a current account, and Innovate Finance, the UK membership association for the global FinTech community, have agreed to take space at Broadgate’s 2FA (2 Finsbury Avenue). Starling Bank will take 14,500 sq ft on […]