Curtailed expansion plans and store closures seem to be the most common trend in the retail sector, yet a pair of large-scale retail projects marked milestones just a few miles and hours apart from each other. Muss Development L.L.C. disclosed that a 121,000-square-foot BJ’s Wholesale Club will open this November at Sky View Center in [...]

Although we hold out hope for the best outcome and outright survival of General Growth Properties, Inc., the Chapter 11 bankruptcy of this real estate titan was a devastating event for the Bucksbaum family and the REIT’s employees. Further, it is a terribly disheartening account for those who have long admired and truly respected the [...]

The $25.5 million sale of Crossroads Entertainment Center in Chino Hills, Calif., seemed unremarkable at first glance, at least by dollar value. The new owner, GAS Distomo Inc., bought the property from 26 Del Sur Crossroads L.L.C., a privately held seller represented by Faris Lee Investments. However, 1031-exchange deals are a rarity nowadays, making this [...]

Drug maker Alkermes Inc. last week became the latest in what has become a growing line of biotech firms leaving Cambridge, Mass., in search of less expensive office and laboratory space in the suburbs. The company plans to relocate to a 100,000-square-foot facility in Waltham early next year, a move that Alkermes says will eventually [...]

The specter of a swine flu pandemic excited the news media over the weekend, based on outbreaks in Mexico and a handful of cases in the United States. Few industries are likely more worried about such a prospect than the travel business, including hotel owners and operators. As a hint of what might happen if [...]

Mexico and inland ports in the United States will be among the chief beneficiaries of increased global trade and infrastructure, according to a new study by Cushman & Wakefield Inc. and commissioned by the NAIOP Research Foundation. At the heart of the changes in the supply chain is the cost of transportation. Despite [...]

The credit crunch continues to squeeze the life out of big construction projects across the country, but Fontainebleau Las Vegas L.L.C. doesn’t plan on becoming a victim. One month after MGM Mirage was sued by its CityCenter project partner, the developer of the in-progress Fontainebleau Las Vegas casino-resort has filed a $3 billion lawsuit against [...]

W Hotels Worldwide, the lifestyle brand from Starwood Hotels and Resorts, is continuing its ambitious expansion plan despite the rocky economy. The firm just opened a new hotel in Hoboken, N.J., the latest step in the brand’s global growth efforts. The W Hoboken hotel and The Residences at W Hoboken, located on the Hudson River [...]

As the business world continues to realize the benefits of integrating green building practices, Citi’s newly completed data center in Frankfurt, Germany, has earned a LEED Platinum rating from the U.S. Green Building Council, marking the first time a data center property has received the Council’s highest rating.“We’re seeing very large increases year to year [...]

Bear Sterns Cos. was in the news again Thursday, in case anyone remembers back far enough to recall the last time it was big news–a time when the disappearance of that company into JPMorgan Chase seemed unfortunate, but not necessarily a harbinger of vast financial problems ahead. Which, in fact, it turned out to be. [...]