http://briansullivan.blogs.foxbusiness.com/2008/08/21/the-buckles-big-quarter/ FOXBusiness Fri, 20 Nov 2009 18:24:21 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 http://briansullivan.blogs.foxbusiness.com/2008/08/21/the-buckles-big-quarter/comment-page-1/#comment-702 chuck Mon, 25 Aug 2008 20:52:08 +0000 http://briansullivan.blogs.foxbusiness.com/?p=76#comment-702 Brian with the retailers in trouble due this economic downturn..u and Cheryl should look at the Real Estate Investment Trusts just to see how they're fairling in this envorirment. I learned from a Colorado Investment newsletter I found by acciddent is that the 6 leading REITS are in heavy debt. CBL Associates of Chatanooga,Tn one of the most successful is now in trouble. Just check the business section of the Chatnooga Times. I can tell you CBL's property here Pemberton Mall has fallen on hard times. It has lost a number of retailers due to CBL's high rent. Word is I heard they want to close this small mall which opened over twenty years; the bright spot for CBL here has been the Pemberton Plaza where the businesses there are surviving. But why not focus on these REITS who are the landlords of the retailers. Afterall localtion is everything. Like here if twelve retailers have closed down. Which has forced this market to radically shift to the growing Madison area to shop. Just two years over twelve business CBL shut down due to crime or retailers refusing to pay their high rent. But CBL has left this community in a lurch about the fate of thier old mall property. And the Mall Propetier R.W. has been quiet on any new developments for thier old property and CBL hasn't sold any land parcels around thier mall at all. Interesting isn't it? Brian with the retailers in trouble due this economic downturn..u and Cheryl should look at the Real Estate Investment Trusts just to see how they’re fairling in this envorirment. I learned from a Colorado Investment newsletter I found by acciddent is that the 6 leading REITS are in heavy debt. CBL Associates of Chatanooga,Tn one of the most successful is now in trouble. Just check the business section of the Chatnooga Times.
I can tell you CBL’s property here Pemberton Mall has fallen on hard times. It has lost a number of retailers due to CBL’s high rent. Word is I heard they want to close this small mall which opened over twenty years; the bright spot for CBL here has been the Pemberton Plaza where the businesses there are surviving. But why not focus on these REITS who are the landlords of the retailers. Afterall localtion is everything. Like here if twelve retailers have closed down. Which has forced this market to radically shift to the growing Madison area to shop. Just two years over twelve business CBL shut down due to crime or retailers refusing to pay their high rent. But CBL has left this community in a lurch about the fate of thier old mall property. And the Mall Propetier R.W. has been quiet on any new developments for thier old property and CBL hasn’t sold any land parcels around thier mall at all. Interesting isn’t it?

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