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Simon Property Group to Develop Luxury Shopping Center in Nashville Area

Simon Property Group to Develop Luxury Shopping Center in Nashville Area

by Phil Hall | Jan 29, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Indianapolis-headquartered Simon Property Group Inc. (NYSE: SPG) has acquired a large site that will be developed into a Nashville area luxury shopping and lifestyle destination known as Nashville Premium Outlets. The new 325,000 square foot mixed-use center will be...
AvantStay Announces Its First Full-Service Hotel to Open in Nashville

AvantStay Announces Its First Full-Service Hotel to Open in Nashville

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

AvantStay, the hospitality management company and tech platform with over 2,300 short-term vacation rental properties across 65 markets, is expanding into the hotel industry with the forthcoming opening of The Gilmore, an AvantStay Hotel, in Nashville. The new hotel...
Terravet Real Estate Solutions Acquires Three Atlanta-Area Veterinary Facilities

Terravet Real Estate Solutions Acquires Three Atlanta-Area Veterinary Facilities

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

Terravet Real Estate Solutions, a real estate group specializing in veterinary properties, has expanded into the Atlanta metro area with a $5.37 million acquisition of three veterinary and pet care facilities in Peachtree City and Fairburn, Georgia. The acquisition...
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, Market Snapshot, News/Current Events, 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, Market Snapshot, News/Current Events, 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...
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, Market Snapshot, News/Current Events, 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...
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