Asian shopping mall developer CapitalMalls Asia Ltd. has set up CapitaMalls China Development Fund III – a $1 billion private-equity fund that will invest in Chinese retail properties, according to
Continue reading →Miami-based Burger King will open 1,000 restaurants in China over the next five to seven years, according to The Miami Herald. The expansion is a joint venture with the Kurdoglu family, which runs 450 Burger King restaurants in Turkey and … Continue reading →
Popularise is a website that gives the public a chance to vote on tenants for available retail spaces. Launched last December by Ben and Dan Miller, Popularise places giant black posters asking, “What Would YOU Build Here?” on available storefronts. … Continue reading →
A percent rent provision in a retail lease requires the tenant to pay percent rent to the landlord if the tenant’s annual gross sales exceed a certain breakpoint. If the breakpoint is calculated as the ratio of annual base rent … Continue reading →
RealEstateRama reports that The Boulder Group – an investment real estate service firm – represented the buyer in the sale of a Before knowing about the particular models, you should know the basic outlines. generic viagra professional continue reading to … Continue reading →
The New York Times reports that in the next 24 months, almost every block in a one-mile stretch of 14th Street in Northwest Washington will have a new or renovated mixed-use building. Once the projects are completed, this section of … Continue reading →
A 16,016sf 24-hour Walgreens in Las Vegas recently sold for $27.8 million ($1,736/sf) making it the highest-traded single-tenant net-leased drugstore in the US, according to a GlobeSt.com report. The property is located at 3025 South Las Vegas Blvd., two blocks … Continue reading →
Hariharan Ganesan writes for the Jones Lang LaSalle Blog that continued development and improving transparency in the real estate markets of the southern Indian cities are propelling places such as Bangalore, Chennai and Hyderabad to a global status alongside Mumbai … Continue reading →
Trepp, LLC reports that the US CMBS (commercial mortgage-backed security) delinquency rate increased 12 basis points last month to 9.80 percent ($59.3 billion), according to MarketWatch. Newly delinquent loans ($3.8 billion in total) contributed about 64 basis points to the rate. All … Continue reading →
Mike Donnelly writes in The Washington Post that distressed commercial real estate in the United States totaled $166.9 billion in January 2012 – down $4.7 billion since October 2011. Divided by sector the numbers are: Office: $41 billion (decrease of … Continue reading →