GLG News by Sears and Kmart Real Estate Experts

This is an important article because it puts the entire SHLD story into an accurate historical perspective and makes some insightful observations of the problems still facing any possible turn around.  Although I disagree with the authors on several key points, for the most part this is one of...

This is a poorly understood phenomenon, taking place before our eyes, that is likely to become the single most important factor affecting the values of both mall and strip center REITs. It is not unlike the problems resulting from the proposed "monetizing" of the underperforming SHLD stores or...

This is the first indication that Mr. Lampert's ironclad certainty that he knows more about retailing than the entire retail industry, is starting to waiver. To my mind this reshuffling signifies three important things. Thing one is that he will be adding overhead for the first time since buying...

Recent Newsweek and WSJ articles predicting gloom and doom for the shopping center industry were way off base. These writers simply took a few announced store closings (that have been in the works for quite some time) and projected a trend line that would have had the country littered with empty shopping...

This article talks about the real estate-driven credit crunch as being bad for all REITs, but I disagree. The article ignores the fact that over-financing in the shopping center world is hardly a new phenomenon.  This kind of thing has been going on ever since the first shopping...

The article while factual just scratches the surface of center development. It just gives an indication of one of the incentives available to major tenants.

Slowing economy put new store sites on ice across region. The fact that this is announced during what has been the historical most optimistic month for retailers makes this retrenchment even more ominous. Retailers are a cautious lot. The good ones have a reputation for careful scrutiny...

This article provides one of the most accurate and insightful snapshots of the realities of how today's strip shopping centers are developed. Although it relates to a specific suburban location in the Chicago Metropolitan area, it reflects an all-to-common reality of how developers treat anchor stores...

Mr. Lampert's long awaited bid for another retailer has finally been revealed. He has made a bid of $6.75 per share ($.05 above the offer made by Catterton Partners and $3.75 higher than the bid he submitted several weeks ago) for  Restoration Hardware Inc.   This, and the many articles...

This apparently alarming article purports to reflect an overall decline in the occupancy of shopping centers in the Midwest based upon a survey taken by a leading real estate brokerage firm. However, a careful reading of the article shows that the increase in vacancy from 7.69% to 7.81%...