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Superstar stores dazzle shoppers with newest holiday windows
06
By Faith Hope Consolochairman, Retail Leasing and Sales, Douglas Elliman Real Estate Look around: the cheer is here and the streets are adorned with the
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Experts downplay ‘overblown’ effect of online retail on stores
06
When it comes to retail, the times they are a changin’. That’s what real estate executives are saying as the number of vacancies and average retail rents
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CBRE appointed by Macy’s for mall dispositions
05
Macy’s has tapped CBRE to help with the “national disposition” of some of the 68 stores the retailer is closing. “This partnership brings together two
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Macy’s hires another real estate exec amid calls for REIT spin-off
05
Douglas Sesler, who was previously the president of real estate investment firm True Square Capital, has been named Macy’s executive vice president
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Macy’s partners with Brookfield Asset Management to redevelop 50 stores
05
Retailer Macy’s has formed a partnership with Brookfield Asset Management as it looks to boost the value of its real estate portfolio. Photo by Aaron Burr/
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REIT executive named to Macy’s board amid calls for spin-off
05
William Lenehan, the CEO of Four Corners Property Trust, has been elected to the board of retailer Macy’s as the company grapples with the strategy of
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Macy’s adds $235M infrastructure upgrade to Herald Square tower plan
05
Macy’s has promised to spend $235 million on Herald Square infrastructure upgrades as part of a plan to build a new office tower on top of its flagship store.
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Hartz refinances Macy’s distribution hub in Secaucus
05
Hartz Mountain has refinanced a Meadowlands distribution center with a $25 million loan from Hartford Investment Management Company (HIMCO).
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Apple moving into Macyʼs old space?
05
By Linda OʼFlanagan Apple is set to sublease a 200,000 s/f chunk of Macyʼs office space at 11 Penn Plaza. According to numerous published reports, the
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Crown Acquisitions makes $1B bet on Flushing retail
06
Crown Acquisitions has signed a 99-year lease for the Macy’s building on Flushing’s Roosevelt Avenue. Over the course of the 99 years, the
Deals & Dealmakers
Macy’s partners with Brookfield Asset Management to redevelop 50 stores
00
Retailer Macy’s has formed a partnership with Brookfield Asset Management as it looks to boost the value of its real estate portfolio. Photo by Aaron Burr/
Featured
CBRE appointed by Macy’s for mall dispositions
00
Macy’s has tapped CBRE to help with the “national disposition” of some of the 68 stores the retailer is closing. “This partnership brings together two