Aerial View is a weekly industry recap that provides a snapshot of relevant retail news from around the nation and in our region.
National View
Mortgage Maturity Impact by Region and Property Type
Three major issues facing the commercial real estate market include the amount of debt coming due, default activity and sales demand.
What's It Really Worth?
In today’s market appraisers are finding inventive ways to assess property values.
http://www.reforum-digital.com/reforum/201001#pg43
GGP Merger Would Make Simon A Force to Reckon With For Tenants and Lenders
Retail real estate professionals are starting to weigh the effects a potential union would have on the industry landscape as Simon Property Group Inc. and General Growth Properties Inc. engage in the early stages of merger negotiations.
http://nreionline.com/finance/news/ggp_merger_simon_0217/
Regional View
Tower Investments erecting shopping center
Groundbreaking took place this past Tuesday on the Shops at Schmidts located on 2nd and Girard Avenue in the Northern Liberties section on Philadelphia.
http://philadelphia.bizjournals.com/philadelphia/stories/2010/02/08/daily41.html?surround=lfn
Mount Laurel has plans for two properties
A preliminary development study is underway on a 48 acre site in Mount Laurel Township, New Jersey.
Developers call ’cut!’ on Pa. movie studio plan
The plan for the Norristown, PA development which orginally slated a 100,000 square foot movie studio will now have a supermarket and office space instead. Construction of the supermarket is set to begin in late spring or early summer.
http://cumberlink.com/articles/2010/02/06/news/state/doc4b6c995400732939040332.txt
Fameco View
FAMECO MANAGEMENT SECURES 3 NEW PROPERTY MANAGEMENT ASSIGNMENTS
Fameco Real Estate, L.P., the region’s foremost full service retail real estate firm is pleased to announce that its property management division, Fameco Management Services, has secured 3 new property management assignments totaling 188,000 square feet.
Click Here For Full Press Release
Philadelphia, PA 633 W Germantown Pike, Suite 200 Plymouth Meeting, PA 19462 Phone: 610-834-8000 Fax: 610-834-1793 |
Woodbridge, NJ 555 US Highway 1 South, Suite 400 Iselin, NJ 08830 Phone: 732-526-9100 Fax: 732-526-9101 |
The Power of Retail
Fameco Real Estate, L.P. does not warrant the accuracy or completeness of the information in this newsletter or on linked web sites. Our newsletter includes these links as a convenience to the reader. For those linked sites not under our control, we expressly disclaim any and all responsibility for the content thereof. The copyrights in quoted and linked articles belong to their respective owners.