Retail REIT's

Getty Realty Corp. (NYSE: GTY) today announced that it has commenced an underwritten public offering of 3,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of the Company's common stock to cover over-...

Cedar Shopping Centers, Inc. (NYSE: CDR) today announced that it has closed on the acquisition of Colonial Commons in Lower Paxton Township, Pennsylvania. The 487,000 square foot shopping center, located approximately half-way between Harrisburg and Hershey, Pennsylvania, covers approximately 37...

Schwab expanded its ETF line-up last Thursday (1/13/11) with the addition of Schwab U.S. REIT ETF (SCHH) and Schwab U.S. Mid-Cap ETF (SCHM).  Both have low expense ratios of 0.13% and will have commission-free trading for Schwab customers.  Schwab is not showing any signs of fear as it prepares for...

JP Morgan has upgraded the following companies: Brookfield Properties (NYSE: BPO) $17.57 To Neutral from Underweight, $17.00 to $15.00 DCT Industrial Trust (NYSE: DCT) $5.43 To Neutral from Underweight. $5.00 Education Realty Trust (NYSE: EDR) $7.45 To Neutral from Underweight, $7.00 to $6.00...

JP Morgan has downgraded the following companies: Brandywine Realty Trust (NYSE: BDN) $11.48 To Neutral from Overweight, $11.00 to $12.00 Corporate Office Properties (NYSE: OFC)$35.06 To Neutral from Overweight, $39.00 to $41.00 Nationwide Health Properties (NYSE: NHP) $35.92 To Neutral from...

JP Morgan has changed the price targets on the following REITs: Acadia Realty Trust (NYSE: AKR) 18.09 Neutral $17.00 to $18.00 AMB Property Corporation (NYSE: AMB) $32.46 Neutral $30.00 to $26.00 Boston Properties (NYSE: BXP) $86.46 Overweight $110.00 to $91.00 CB Richard Ellis Group, Inc. (NYSE:...

Glimcher Realty Trust (GRT), a real estate investment trust (REIT), has recently completed its secondary offering of 14.8 million common shares at $8.30 per share, including 1.8 million shares sold to the underwriters to cover the over-allotment options. BofA Merrill Lynch, the investment...

Glimcher Realty Trust (GRT), a real estate investment trust (REIT), has recently completed its secondary offering of 14.8 million common shares at $8.30 per share, including 1.8 million shares sold to the underwriters to cover the over-allotment options. BofA Merrill Lynch, the investment...

Alexander's, Inc. (NYSE: ALX) today announced that its Board of Directors has declared an increased quarterly dividend of $3.00 per share. The former annual rate was $10.00 per share. The increased dividend will be payable on February 22, 2011 to stockholders of record on January 28, 2011.

Jefferies has initiated coverage of Regency Centers Corp. (NYSE: REG) with a Hold rating and $39/share 12-month price target. “While REG's high-quality, grocery-anchored portfolio strategy benefits from a consumer still focused on necessity-based shopping, we see a challenging outlook for the...

Jefferies & Company has initiated coverage on Regency Centers Corporation (NYSE: REG) with a Hold rating and $39 price target.

Jefferies & Company has initiated coverage on Weingarten Realty Investors (NYSE: WRI) with a Hold rating and $23 price target.

Jefferies & Co. is initiating coverage on Tanger Factory Outlet Centers (NYSE: SKT) with a Hold rating and a $53 price target on shares. In the research note Jefferies writes, "As the only pure-play outlet in the Shopping Center REIT sector, SKT is in a better position to take advantage of a...

Jefferies & Co. is initiating coverage on shares of Ramco-Gershenson (NYSE: RPT) with a Buy and a $15 price target on shares. In the research note sent to clients, Jefferies writes, "At current levels, RPT's stock is trading at a meaningful discount to the sector on a price-to-1-year forward...

Jefferies & Company has initiated coverage on Developers Diversified Realty (NYSE: DDR) with an Underperform rating and $11 price target.