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Phillips Edison & Company Acquires Connecticut Shopping Center

Phillips Edison & Company Acquires Connecticut Shopping Center

by Phil Hall | Oct 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bethel Shopping Center, a 101,2050-square-foot retail plaza in Bethel, Connecticut, was sold to the real estate investment trust Phillips Edison & Company (NASDAQ: PECO). The property is 91% leased and anchored by Big Y Supermarket, Starbucks and Dollar Tree;...
Hits and Misses for the Real Estate Week of Oct. 14-18

Hits and Misses for the Real Estate Week of Oct. 14-18

by Phil Hall | Oct 18, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Selling homes with dinosaurs, climate change’s impact on football stadiums and the real estate developer friend from hell. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 14-18. Hit: Jurassic Property. Kudos to...
Former NFL Player Charged with Embezzlement on Real Estate Projects

Former NFL Player Charged with Embezzlement on Real Estate Projects

by Phil Hall | Oct 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A former NFL player who became a real estate developer was indicted by a federal grand jury for embezzling loan proceeds intended for the development and construction of two commercial real estate projects. According to the indictment, Christopher A. Harrison,...
Carolyn Wilson Named Chief Operating Officer at NexCore Group

Carolyn Wilson Named Chief Operating Officer at NexCore Group

by Phil Hall | Oct 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

NexCore Group, a Denver-headquartered healthcare real estate development firm, has promoted Carolyn Wilson to chief operating officer (COO). Wilson joined the company as a strategy and planning advisor in March 2022 after running her own consulting firm and holding...
Cleveland Browns Seek Relocation to New Suburban Stadium

Cleveland Browns Seek Relocation to New Suburban Stadium

by Phil Hall | Oct 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The NFL’s Cleveland Browns are planning to leave their hometown to play at a new domed stadium in neighboring suburb of Brook Park. “Last night, I had a meeting with Jimmy and Dee Haslam, principals of the Haslam Sports Group (HSG), in which they expressed their...
Report: NFL Stadiums Could Experience $11 Billion in Losses from Climate Threats

Report: NFL Stadiums Could Experience $11 Billion in Losses from Climate Threats

by Phil Hall | Oct 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

NFL stadiums could experience up to $11 billion in cumulative losses by 2050 as a result of escalating climate threats, according to a new report from the climate risk analysis firm Climate X. The new analysis studied 30 NFL stadiums that have exposure to significant...
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