Mall player
Article Abstract:
The General Growth Properties Incorporation, a publicly traded real-estate investment trust (REIT) and a second largest mall operator, owns and operates 209 shopping malls in 44 states and holds assets worth $34 billion. General Growth presently carries nearly $21billion in debt, but prefers to stay low key as its executives are comfortable with their balance sheet and are paying down the debt at a good clip.
Publication Name: Chicago
Subject: Travel, recreation and leisure
ISSN: 0362-4595
Year: 2005
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The Revivalist
Article Abstract:
S. B. Friedman, a real-estate planning consultant has become a local force in helping clients to breathe life back into old neighborhoods and rundown business districts. Privately owned as well as publicly run customers have a development agenda and their ultimate goal is reinvigorating an aged neighborhood or deteriorating commercial district.
Publication Name: Chicago
Subject: Travel, recreation and leisure
ISSN: 0362-4595
Year: 2005
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The bigger store
Article Abstract:
The position and ability of Alan Lucy, the chief executive of Sears Co. is being challenged, after a rival company Kmart purchased Sears. However, industry analysts believe that Lucy is the right guy to handle the major changes that come since he is the man to achieve a successful combination.
Publication Name: Chicago
Subject: Travel, recreation and leisure
ISSN: 0362-4595
Year: 2005
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