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JMB Realty
JMB Realty was a real estate investment company based in Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name .... In 1993, after suffering during the early 1990s recession, the company spun off its retail properties as Urban Retail Properties, Urban Shopping Centers, Inc., which was acquired by Rodamco in 2000 and broken up. After selling off its remaining assets in the late 2000s, JMB Realty was defunct; although its debt finance group was spun-out as JMB Financial Advisors and still exists as a going concern based in Chicago. History The company was founded as Robert Judelson & Co. in 1968. In October 1969, Judelson was joined by University of Illinois roommates Neil Bluhm and Judd Malkin. Judelson split from the partnership in 1973 to form Balcor Company with Jerry Reinsdorf. B ...
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Real Estate Investment Trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. Most countries' laws on REITs entitle a real estate company to pay less in corporation tax and capital gains tax. REITs have been criticised as enabling speculation on housing, and reducing housing affordability, without increasing finance for building. REITs can be publicly traded on major exchanges, publicly registered but non-listed, or private. The two main types of REITs are equity REITs and mortgage REITs (mREITs). In November 2014, equity REITs were recognized as a distinct asset class in the Global Industry Classification Standard by S&P Dow Jones Indices and MSCI. The key statistics to examine the financial position and operation of a REIT include n ...
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Century City
Century City is a 176-acre (71.2 ha) neighborhood and business district in Los Angeles, California. Located on the Westside to the south of Santa Monica Boulevard around 10 miles (16 km) west of Downtown Los Angeles, Century City is one of the most prominent employment centers in the Los Angeles metropolitan area, and its skyscrapers form a distinctive skyline on the Westside. The district was developed on the former backlot of film studio 20th Century Studios, and its first building was opened in 1963. Important to the economy are the Westfield Century City shopping center, business towers, and the Fox Studio Lot. History The land of Century City belonged to cowboy actor Tom Mix (1880-1940), who used it as a ranch.Gary BaumWhy Century City Ranks Among the Worst Real Estate Deals in Hollywood History ''The Hollywood Reporter'', September 26, 2013 It later became a backlot of 20th Century Fox, which still has its headquarters just to the southwest. The area is named for t ...
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Copley Place
Copley Place is an enclosed shopping mall within the mixed-use Copley Square in the Back Bay neighborhood of Boston, Massachusetts. It features direct indoor connections to several nearby destinations including four office towers, and the Boston Marriott Copley Place and Sheraton Boston hotels. The mall is connected to the Prudential Center shopping mall via a skybridge over Huntington Avenue. The mall currently features Neiman Marcus and Saks Fifth Avenue. In November 2019, the online business news website MassLive rated Copley Place as fourth, and the immediately adjacent Prudential Center as fifth best among 40 malls and shopping centers in Massachusetts. Description The bi-level indoors mall is noted for its upscale fashion stores, including Ralph Lauren, Christian Dior, John Varvatos, Michael Kors, Tory Burch, Victorinox Swiss Army, Porsche Design, Tiffany & Co., Jimmy Choo, David Yurman, Louis Vuitton, Salvatore Ferragamo, Saint Laurent, Ermenegildo Zegna, Burber ...
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Westfield Century City
Westfield Century City (formerly known as the Century Square Shopping Center) is a two-level, 1.3 million-square-foot outdoor shopping mall in the Century City commercial district in Los Angeles, California. A property of the Westfield Corporation, the mall is anchored by Nordstrom, Bloomingdale's, Macy's, a Gelson's supermarket, and a 15-screen AMC multiplex. History Westfield Century City opened in 1964 as the Century Square Shopping Center, anchored by The Broadway. In 1976, the mall's parking lot was turned into an expansion of the mall, bringing a Bullock's and several new retail stores. An AMC cinema and a new food court, referred to as "The Marketplace" opened in 1987. In 1996, both The Broadway and Bullock's closed when The Broadway's struggling parent Carter Hawley Hale was acquired by Federated Department Stores. Federated converted The Broadway store into Bloomingdale's and the Bullock's into a Macy's. Australian shopping center developer Westfield Group acquired a 50 ...
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Houston Galleria
The Galleria, stylized theGalleria and also known as the Houston Galleria, is an upscale mixed-use urban development and shopping mall located in the Uptown Houston, Uptown District of Houston, Texas, United States.Uptown Houston
Map. ''Uptown Houston''. Uptwon-houston.com, Accessed July 22, 2008.
The development consists of a retail complex, as well as the Galleria Office Towers complex, two Westin Hotels, Westin hotels, and a private health club. The office towers and hotels are separately owned and managed from the shopping center. The anchor stores are Neiman Marcus, Nordstrom, Saks Fifth Avenue, and Macy's. With of space that includes of gross leasable area with 400 stores, the Galleria is the largest mall in Texas and the List of largest shopping malls in the United States, seventh largest shopping mall in the United States. < ...
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Pittsburgh Post-Gazette
The ''Pittsburgh Post-Gazette'', also known simply as the PG, is the largest newspaper serving metropolitan Pittsburgh, Pennsylvania. Descended from the ''Pittsburgh Gazette'', established in 1786 as the first newspaper published west of the Allegheny Mountains, the paper formed under its present title in 1927 from the consolidation of the ''Pittsburgh Gazette Times'' and ''The Pittsburgh Post''. The ''Post-Gazette'' ended daily print publication in 2018 and has cut down to two print editions per week (Sunday and Thursday), going online-only the rest of the week. In the 2010s, the editorial tone of the paper shifted from liberal to conservative, particularly after the editorial pages of the paper were consolidated in 2018 with '' The Blade'' of Toledo, Ohio. After the consolidation, Keith Burris, the pro-Trump editorial page editor of '' The Blade'', directed the editorial pages of both papers. Early history ''Gazette'' The ''Post-Gazette'' began its history as a four-page w ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather t ...
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Houston Center
Houston Center is a retail and office complex in Downtown Houston, Texas, United States. It is owned by Brookfield Property Partners and Spear Street Capital, LLC, and operated separately by Jones Lang LaSalle (JLL) and Brookfield Property Management. The three towers in Houston Center have almost of Class A office space.Dawson, Jennifer.Crescent trophies on sales block" ''Houston Business Journal''. Friday May 21, 2004. Retrieved on May 10, 2009. The buildings in Houston Center include: * LyondellBasell Tower (formerly 1 Houston Center) * 2 Houston Center * Fulbright Tower (formerly 3 Houston Center) * 4 Houston Center * 5 Houston Center (individually owned) * The Shops in Houston Center (formerly The Park Shops) ** The Shops, built in 1982, is an enclosed shopping mall. * Four Seasons Hotel Houston History Texas Eastern Corporation bought 32 blocks of land in Downtown Houston for $50 million. Texas Eastern razed the existing buildings and proposed building Houston Center, a ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ...
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Sugar Cane
Sugarcane or sugar cane is a species of (often hybrid) tall, perennial grass (in the genus ''Saccharum'', tribe Andropogoneae) that is used for sugar production. The plants are 2–6 m (6–20 ft) tall with stout, jointed, fibrous stalks that are rich in sucrose, which accumulates in the stalk internodes. Sugarcanes belong to the grass family, Poaceae, an economically important flowering plant family that includes maize, wheat, rice, and sorghum, and many forage crops. It is native to the warm temperate and tropical regions of India, Southeast Asia, and New Guinea. The plant is also grown for biofuel production, especially in Brazil, as the canes can be used directly to produce ethyl alcohol (ethanol). Grown in tropical and subtropical regions, sugarcane is the world's largest crop by production quantity, totaling 1.9 billion tonnes in 2020, with Brazil accounting for 40% of the world total. Sugarcane accounts for 79% of sugar produced globally (most of the rest is ma ...
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Amfac
Amfac, Inc., formerly known as American Factors and originally H. Hackfeld and Company, was a land development company in Hawaii. Founded in 1849 as a retail and sugar business, it was considered one of the so-called Big Five companies in the Territory of Hawaii. At its peak, it owned of land, and was a dominant sugar company in Hawaii as well the founder of one of its best known department stores, Liberty House. It now owns of land in Kaanapali on the island of Maui. Since 2005 it is known as Kaanapali Land, LLC (). History German immigrant Heinrich Hackfeld and his brother-in-law J. C. Pflueger founded a dry goods store called H. Hackfeld and Company in 1849 in Honolulu. Hackfeld later became the business agent for Kōloa Plantation on the island of Kauai. Paul Isenberg (1837–1903) became a partner in 1881. During World War I, Pioneer Mill, DCCA #207, was seized by the U.S. government Alien Property Custodian. It was later sold to a consortium of Hawaii businessmen in ...
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