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Volume 4 - Number 2 | January 17, 2006
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Industry Update: Insights From Shopping Center Owners
By Ian Ritter, national online editor
GlobeSt.com/RETAIL
Media-oriented retailers are the most likely chains to close stores in the coming year, shopping center and mall owners said last week at the Deutsche Bank Securities 2006 Real Estate Outlook in New York City. Music and video retailers, including Blockbuster, were singled out by the speakers as candidates for shutting stores.
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Insider: Newkirk Realty Trust's Michael Ashner
By Michelle Napoli
There is an acquisitions rule about “18 months and 85%” at Newkirk Realty Trust, a company that went public last November and has offices in Jericho, NY and Boston. Michael L. Ashner, chairman and CEO of both Newkirk Realty Trust and Winthrop Realty Trust, explains the rule for NET LEASE forum as well as how Newkirk differs from most other net-lease or single-tenant REITs.
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