1. At the time, Mrs. Rubell owned a firm that sold office and retail properties in New York. 2. Besides Simon DeBartolo and Taubman, other large retail property REITs include General Growth Properties Inc. and Developers Diversified Realty Corp. 3. But its office, research, and retail properties enjoy high occupancy and are seen as well run. 4. Developers and municipalities say they have the potential for profit, reinventing dead retail property in older suburbs. 5. John Tishman, chairman and CEO of Tishman, said money for the retail property will probably come from a commercial bank after some leases have been signed. 6. Nichols, however, will continue to manage and lease the retail properties on the Country Club Plaza, which it owns. 7. Retail properties jumped to the second spot form fourth even though retail sales remain sluggish. 8. REITs that own retail properties are reporting an increase in the number of retailers who want to lease more space in anticipation of a strong holiday sales season. 9. Retail property REITs face a weak market, as many merchants report sluggish sales. 10. Schneider is accused of inflating the value of his upscale retail properties by presenting forged invoices from a Sydney, Australia real-estate developer. |
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