The New York Stock exchange (NYSE) suspended trading of RadioShack (RSH) shares after the company’s market value fell below the required $50 million minimum, according to CNN. RadioShack shares had lost 90 percent of In all, a couple seeking more … Continue reading →
Demand from e-commerce businesses accounted for 40 percent of the 1.7 million square feet of warehouse space leased in India during 2014, according to Reuters (citing This inability made their life critical than ever and are able super active tadalafil … Continue reading →
Target will close its 133 Canadian stores, less than two years after entering that country’s retail market. Some of the reasons cited for the company’s failure in Canada include a poor distribution network, higher prices than Target’s US stores and … Continue reading →
Starbucks intends to compete with boutique, high-end coffee chains that serve rare coffees made with beans grown in small quantities, often times at microlots. Starbucks Reserve Roastery and Tasting Room opened on Friday in Seattle. The 15,600sf flagship store is … Continue reading →
The industrial sector vacancy rate declined by 21 basis points during Q3-2014 to 7.5 percent in the US and four percent in Canada, according to GlobeSt.com (citing research from Colliers International). Third quarter development Only a few people have gone … Continue reading →
Moscow City (also known as Moscow International Business Center) is a 148-acre development in the Presnensky District of western Moscow (2.5 miles west of Red Square). Intended to be a financial district, Moscow City is the location of Mercury City … Continue reading →
As part of a plan to cut costs by $1 billion, Illinois-based Walgreen Co. recently gutted its real estate department and let go about 16 in-house real estate managers,
Continue reading →In an effort to raise cash to offset recent losses, Sears is considering selling 200 to 300 stores to a REIT in a sale-leaseback transaction, according to The New York Times. The REIT could eventually own most of the company’s … Continue reading →
One World Trade Center opened for business today. Employees of Conde Nast – the first tenant to take possession – arrived today to occupy the 24 floors that the company leased for 25 years at a cost of about $2 … Continue reading →
Seattle based online retailer Amazon.com, Inc. plans to open its first bricks-and-mortar store, according to The Wall Street Journal. Amazon is leasing space at 7 West 34th Street – a 12-story property owned by Vornado Realty Trust located across from … Continue reading →