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J.C. Penney to Develop Land Near HQ

Three firms have been chosen to jointly manage the 240-acre site in Plano, Tex.

Wal-Mart Canada Accelerates Supercenters

$470 million earmarked for stores and other expansion moves.

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Diane von Furstenberg Signs On at Brookfield Place

The designer has taken out a lease on a 2,000-square-foot store at the urban mall in lower Manhattan.

Landlords See Profits Rise at U.S. Shopping Centers

Malls gain despite shifting a retail landscape, according to the ICSC and the National Council of Real Estate Investment Fiduciaries.

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The University Center at The New School Set to Open

The sprawling 375,000-square-foot hub of The New School, will officially open its doors Thursday on the university’s Greenwich Village campus.

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Kempinski Galleria Aims to Boost Nairobi's Luxe Factor

To foreigners, the annex may look modest, but in Kenya’s capital city it is a real plunge into unknown.

Westfield Gains Rights to Manhattan's Fulton Center

The Australian developer will put its imprimatur on another downtown retail and transportation project.

Starwood Capital Acquires Swedish Retail Properties

The properties are located in Stockholm, Gothenburg, Malmo and Uppsala, and the tenant lineup includes well-known international nameplates, such as H&M.

Carrefour to Create Shopping Mall Group

The French retailer plans to buy 124 malls from Klépierre for $2.7 billion.

Simon Plans Spin-off of Smaller Properties

New REIT, to be call SpinCo, will house strip centers and smaller malls.

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Reinventing Malls, Deals Drive ICSC

In a bid to attract more luxury tenants, including restaurants, mall are expanding with more street-facing storefronts.

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Bal Harbour's Stanley Whitman Looks Back

The luxury center's owner and visionary developer turned 95 on Nov. 15, and yet continues to go to work two to three days a week.

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