GLG News by Retail Real Estate Brokerage Experts (California)

This WSJ writer and many like him are raising big red flags about the fate of the retail industry. They are seizing upon the rash of retail bankruptcies as either further evidence of the severity of the depression or the tightening of customer purse strings, or both. However, not one business writer...

This article is important because it provides an early impression of what is happening around the country  to vacancy rates,  asking rents and effective rents.  Obviously if true, this limited survey by Reis Inc., could provide an early indicator of a growing problem in the shopping center...

ASistema is the largest Telecom company in Russia and together with its' construction subsidiary, Sistema Hals, (listed on the London Stock Exchange with a first 9 months turnover of $9.6 billion), is making their first ever investment outside of Russia and the CIS. With so much opportunity to make...

With debt of of roughly $17 billion and $3.4 billion in short term debt due to be paid or refinanced by April 30, can even the most ardent suitors expect to be able to do the necessary due diligence to come up with any kind of a rational offer within the next 3 weeks? Alternatively, is this...

As a veteran of 40 years at the highest levels of the corporate retail real estate industry and as a close observer of Circuit City's real estate efforts since their inception, it is my opinion that Mr. Schoonover is simply using the real estate as a coverup for his bad decisions. Mr. Schoonover...

With eight major investment funds taking very large positions in Circuit City immediately after their highly publicized turn around effort failed badly, things look bleak for the new management and , if the track record of these investment funds are any indication of the type and quality of retail management...

In a rare moment of candor, Henry Kravis, Alan Bond, Hamilton James and David Rubinstein confess at the Super Returns private equity conference, that the private equity market is simply a "proxy for the credit markets".  They also agree that the private equity buyouts are "now recognized as...

For almost the entire history of JCP's store expansion, they have been recognized in the industry as having one of the most conservative and highly selective programs of any major chain.  Suddenly they are starting to take locations in secondary, troubled strip centers and paying premium...

A three month planned delay? Come on guys, we may have been your colonies and were conditioned to believe what the "Mother Country" tells us is true, but we are not stupid! Not only did Tesco launch one of the most irresponsible invasion plans that this writer has seen in 40 years of observing the retail...

This article can be read to mean  several different important things. First, it could mean that Costco is making a significant, but unannounced, change in their very successful expansion strategy.  Next it could mean that malls have made a significant, but unannounced change in their...