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Cedar Shopping issues $70M in preferred shares

Port Washington’s Cedar Shopping Centers Inc. said Tuesday it priced a public offering of an additional 2.85 million shares of its 8.875 percent preferred shares at $24.50 each in a move to raise about...

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Cedar buys NJ shopping center for $26.5M

Port Washington-based Cedar Shopping Centers will partner with RioCan Real Estate Investment Trust of Toronto to purchase the Cross Keys Place shopping center in Sewell, New Jersey for about $26.5...

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Toys R Us to double workforce for holidays

Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force. The privately held toy company said Tuesday that it is hiring more workers than in the past...

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Cedar Shopping Centers buys 5 properties

Cedar Shopping Centers Inc. and RioCan Real Estate Investment Trust said Thursday they have completed the purchase of five shopping centers in three mid-Atlantic states for nearly $135 million. Port...

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Cedar Shopping Centers CEO retires

Cedar Shopping Centers Inc. said Wednesday that Leo S. Ullman, its chairman, president and CEO, is retiring. The real estate investment trust, which focuses on building, owning and managing shopping...

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Kimco sells 11 centers, buys 3

New Hyde Park-based Kimco Realty acquired three grocery-anchored shopping centers in the 2nd quarter for about $75.5 million, according to a company statement. The newly acquired centers include...

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End run

Taubman Centers has a new slick marketing campaign.

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Mall at the Source nearly empty

Known as Simply Cell for nearly six years, Chris Depardieu recently changed the name of his struggling mobile phone accessories kiosk to try and change its luck. It didn’t work. Now called Street Talk,...

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Foxwoods breaks ground on $115M Tanger outlets

Foxwoods Resort Casino headed in a new direction Thursday, breaking ground on a 300,000-square-foot Tanger Outlets retail center.

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2013 recap: Syosset land sale

The 18-year battle over the shopping mall proposed by Taubman Centers in Syosset took a bizarre twist in 2013, after the Town of Oyster Bay announced it would sell 54 acres of adjoining land to a rival...

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