 |
Subscribe / Renew |
 |
Contact Us |
| ► Subscribe to our Free Weekly Newsletter | |
Construction Bids
| home | Welcome, sign in or click here to subscribe. | login |
Real Estate
 Marc Stiles Real Estate Editor |
Subscriber content preview
September 2, 2010
Real Estate Buzz: Costco will go into malls, if it must
By MARC STILES
Real Estate Editor
Real Estate Editor
Costco co-founder and President Jeff Brotman says not to read too much into a Wall Street Journal story last week about how Issaquah-based Costco is looking at mall space.
The story was precipitated by The Westfield Group's announcement that Costco will be the anchor tenant at one of its West Coast malls and is taking space at two others on the East Coast. The Journal cited a Credit Suisse retail analyst, who said the moves are representative of a longer term trend where mall owners who are losing department stores will look to Costco and other “high-traffic formats as valuable anchors.”
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- Real Estate Buzz: Does Dendreon need even more space?, 08-26-2010
- Real Estate Buzz: Mr. Tacoma markets Russell's old space, 08-19-2010
- Real Estate Buzz: Want to put a pencil-thin tower on Pill Hill?, 08-05-2010
- Real Estate Buzz: Outside builders check out Black Diamond, 07-29-2010
- Real Estate Buzz: Apartment sellers 'take your medicine now', 07-22-2010
- Real Estate Buzz: Benaroya selling Ballard Denny's site, 07-15-2010
- Real Estate Buzz: Developers: It's time for a new approach, 07-08-2010
- Real Estate Buzz: Co-founder leaves Gibraltar for new firm, 07-01-2010