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Nominations Sought for Lowe’s Hometowns Community Revitalization Program

Nominations Sought for Lowe’s Hometowns Community Revitalization Program

by Phil Hall | Jan 28, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The home improvement retailer Lowe’s Companies Inc. (NYSE: LOW) is accepting project nominations for Lowe’s Hometowns, a five-year, $100 million commitment to community revitalization. According to the Mooresville, North Carolina-based company, $10 million...
Evan Wayne Named Chief Information Officer at Marcus & Millichap

Evan Wayne Named Chief Information Officer at Marcus & Millichap

by Phil Hall | Jan 28, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) has hired Evan Wayne as chief information officer (CIO). In his new job, Wayne will spearhead the execution of all technology initiatives that impact the company’s clients, brokers, capital...
Report: Vermont Needs to Create 7,000 Homes Per Year to Keep Up with Housing Demand

Report: Vermont Needs to Create 7,000 Homes Per Year to Keep Up with Housing Demand

by Phil Hall | Jan 27, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new report is warning that Vermont needs to create 7,000 new homes each year for the next 25 years to keep up with the demand for housing, for a total goal of 172,000 new units by 2050. “We have got to pick up the pace,” said Commissioner Alex Farrell of...
IBM Expands NYC Office Space by 92,663 Square Feet

IBM Expands NYC Office Space by 92,663 Square Feet

by Phil Hall | Jan 27, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

SL Green Realty Corp. (NYSE: SLG) has signed a 92,663-square-foot expansion lease with IBM (NYSE: IBM) at One Madison Avenue at New York City, increasing the tech giant’s total footprint at the property to 362,092 square feet. The 15-year lease covers the entire...
Christie’s International Real Estate Expands Mexican Presence

Christie’s International Real Estate Expands Mexican Presence

by Phil Hall | Jan 27, 2025 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

Christie’s International Real Estate has expanded its presence into the Mexican Caribbean and Yucatan Peninsula through a new agreement with the local brokerage firm Mexico Real Estate Group. The brokerage firm will serve the states of Quintana Roo and Yucatan,...
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