Property Types Retail
Landmark San Diego Restaurant Struggling
May 7, 2008
Source: San Diego Union-Tribune

These are not good times for one landmark San Diego restaurant. Chuey's Numero Uno in Barrio Logan is in bankruptcy, with the city as one of its creditors. The restaurant's owners owe the San Diego Redevelopment Agency $400,000 for their property, which opened at its new location in summer 2002.

Though payment was slated to begin this August, Chuey's filed for bankruptcy protection last October. The restaurant's attorney told the San Diego Union-Tribune that the current plan is to keep operating while the owners figure out their financial picture.

 
Recent Retail Headlines
Corus, Lehman Bros. Make D.C. Loans
May 15, 2008
Corus Bank closed a $72 million loan to MR BP Office #1 L.L.C. to finance the construction of a nine-story Class A office building located at 55 M Street SE in Washington, D.C.
H&M Opens First of Series of Atlanta Shops
May 15, 2008 - Source: Atlanta Journal Constitution
The Swedish clothing retailer will debut its first in-town store at Atlantic Station on June 13.
JV Formed to Develop Suburban Des Moines Retail
May 15, 2008
Capital Growth Madison Marquette of Minneapolis and DRA Properties L.L.C., an Ankeny, Iowa-based real estate company, have formed a partnership to develop about 500,000 square feet of retail space in Ankeny.
Barneys CEO Officially Resigns
May 15, 2008
Following several rumors and reports of the resignation of its CEO, Barneys New York has officially announced that Howard Socol, chairman, president and CEO of the company, has resigned.
Macy's Announces Openings in Southwest
May 15, 2008
Cincinnati-based Macy's Inc. announced plans to open three new Macy's stores in the Phoenix market within the next two years.
 

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