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Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks

Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks

by Phil Hall | Oct 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An $8 billion Vantage data center planned for Port Washington, Wisconsin, could enjoy more than $450 million in local property tax breaks plus an exemption from state sales taxes. The Center Square reports the proposed facility is estimated to be valued at over $2.1...
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper

Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper

by Phil Hall | Oct 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Do you recall the TV sitcom “The Jeffersons” with a family that was “moving on up to a deluxe apartment in the sky”? Well, the Saudi Arabian organizers of the 2034 World Cup are going one better – they’re moving on up to a deluxe soccer stadium in the sky. AS USA...
Joint Venture Acquires Sotherly Hotels REIT

Joint Venture Acquires Sotherly Hotels REIT

by Phil Hall | Oct 27, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate investment trust Sotherly Hotels Inc. (NASDAQ: SOHO) announced that KW Kingfisher, a joint venture involving affiliates of Kemmons Wilson Hospitality Partners LP (KHWP) and Ascendant Capital Partners LP, will acquire all outstanding shares of Sotherly...
NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm

NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm

by Phil Hall | Oct 27, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A 175-year-old family-owned farm in Cranbury, New Jersey, that was threatened with eminent domain seizure by township officials eager to use the land for affordable housing was spared from takeover after Gov. Phil Murphy intervened in the case. In a statement, the...
Hits and Misses for the Real Estate Week of Oct. 20-24

Hits and Misses for the Real Estate Week of Oct. 20-24

by Phil Hall | Oct 24, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Manhattan luxury tower is falling apart, Jamie Dimon is going to the Smithsonian, and who’s photographing the East Wing demolition? From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 20-24. Miss: Don’t Look Up. One...
Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall

Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall

by Phil Hall | Oct 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

General Dynamics Electric Boat, the submarine manufacturing division of the aerospace and defense contractor General Dynamics (NYSE: GD), today announced it has acquired nearly all the mostly vacant Crystal Mall in Waterford, Connecticut. The acquisition encompasses...
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