Shopping Centers

Indiana CEOs are cautious during financial mayhemRestricted Content

November 10, 2008
Greg Andrews

CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically cautious approach to acquisitions and investments, given the faltering economy.

More

Simon Property Group exploring overseas marketsRestricted Content

September 29, 2008
Cory Schouten

Simon Property Group Inc. has been readying its balance sheet and sizing up buyout targets in hopes of capitalizing on a worldwide markdown on shopping-center owners.


More

Nordstrom new north-side store targets tonier shoppersRestricted Content

August 18, 2008
Gabrielle Poshadlo

Come Sept. 19, Nordstrom Inc.'s got a brand new bag--and, well, shoes, hat and ensemble to match--as the department store opens a second Indianapolis location, in the Fashion Mall at Keystone. Residing in Parisian's former quarters, the new store is poised to burnish the mall's reputation as the region's highest-end shopping destination.

More

Strip-mall developer scales back as housing slump hurts small retail centersRestricted Content

August 4, 2008
Cory Schouten

A local developer known for its strip centers has stopped building new projects, scaled back its staff, and is trying to unload several of its properties in an apparent bid to survive. Williams Realty Group earlier this year shuttered its custom-home-building operation, DayMarc Homes, and now observers are wondering if owners Dave Crockett and Marc Freije can keep the rest of Williams afloat.


More

New Lafayette Square owner pitching major expansionRestricted Content

May 26, 2008
Cory Schouten
Lafayette Square Mall could look a lot like the revitalized Glendale Town Center in a few years if the mall's new owners get their way. A proposed site plan shows that New York-based Ashkenazy Acquisition Corp. doesn't intend to settle for filling the mall's ample vacant space.
More

DeBartolo to buy Metropolis from Dominion CapitalRestricted Content

May 19, 2008
Cory Schouten
Tampa, Fla.-based DeBartolo Development has reached a preliminary agreement to buy Plainfield's Metropolis mall out of foreclosure and hopes to hook Macy's and Bass Pro Shops to anchor a second phase.
More

Premier Properties lays off workers as lawsuits, debt pile upRestricted Content

April 7, 2008
Cory Schouten
Premier Properties USA Inc. has eliminated about half its headquarters staff--more than 40 employees--as banks seize several of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans, illegally redirected rent payments and check fraud.
More

Kite lands in hot retail spotRestricted Content

February 25, 2008
Cory Schouten
Another high-profile local developer is making a move to capitalize on the city's hottest retail corridor, joining mall giant Simon Property Group Inc. and upstart Premier Properties USA Inc. Kite Realty Group Trust paid $18.3 million for Rivers Edge shopping center, a 111,000-square-foot property just east of Clearwater Crossing.
More

Fiercely private developer built strip-center empireRestricted Content

September 24, 2007
Cory Schouten
Sid Eskenazi fell in love with the board game Monopoly as a child. Buying and developing make-believe properties with make-believe money inspired the grade-schooler. And he was good at it. So several years later, Eskenazi began playing what he likes to call "adult Monopoly." He bought one property at a time with real money.
More

New Nordstrom an obstacle for fragile downtown mall

December 18, 2006
Greg Andrews
When Nordstrom in 1992 signed its lease to open in Circle Centre, mall developers extracted an unusual commitment. The Seattle company agreed not to open another Indianapolis-area store for at least five years. So when Nordstrom last month announced it will launch a second location here, in The Fashion Mall at Keystone, it caught the attention of Herman Renfro, a former Simon Property Group Inc. development executive who oversaw Circle Centre.
More

Glendale might become open-air center, gain a TargetRestricted Content

November 13, 2006
Cory Schouten
Kite Realty Group is in final negotiations to bring Target to Glendale Mall as part of a wholesale redevelopment that could transform one of the city's first enclosed malls into an open-air shopping center.
More
Page  << 1 2 3 4 5 6 7 8 9 pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT