Retail space asking rents plunge as landlords try to fill scores of vacant shops. Charts by shopping corridor.
Greed and scheming dominated the five deals: SHO, the spinoffs of Orchard, Sears Canada, Lands’ End, and the putrid Seritage deal.
How the Brick & Mortar Meltdown works for Commercial Mortgage-Backed Securities after America’s largest mall landlord defaults on a mortgage and walks away from the mall.
The financial world has gone nuts.
Residential Construction Skids, Nonresidential Construction Stagnates. The delay gave markets a break from lousy data.
Prudent cost-cutting move artfully dressed up as response to local politicians that had railed against the $3-billion corporate welfare package.
“I prefer not to scare you at this point, okay. But it’s something that we’ve been able to withstand”: CEO David Simon.
Construction Halts on LA’s Chinese-Owned $1-Billion Oceanwide Plaza; Fretting Starts about $1.6-Billion Oceanwide Center in San Francisco.
WeWork landlords in America are likely to learn: In a down market, they’re all going to be partners, voluntarily or otherwise.
What’s the deal with retailers — and retail sales?