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Report: Trump Considers Selling Two-Thirds of Federal Office Properties

Report: Trump Considers Selling Two-Thirds of Federal Office Properties

by Phil Hall | Jan 21, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The newly inaugurated Trump administration is reportedly mulling the sale of two-thirds of the federal government’s office properties to the private sector. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the transition operations,”...
Developers Propose Building Tallest-Ever American Skyscraper in NYC

Developers Propose Building Tallest-Ever American Skyscraper in NYC

by Phil Hall | Jan 17, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The real estate developers TF CornerStone and RXR are teaming on a proposed New York City mixed-use property that could become the tallest and most expensive skyscraper ever constructed in the country. Business Insider reports the project, dubbed 175 Park Avenue,...
Report: 18-Year-Old Barron Trump in New Real Estate Endeavor

Report: 18-Year-Old Barron Trump in New Real Estate Endeavor

by Phil Hall | Jan 17, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump’s youngest son, 18-year-old Barron Trump, has quietly incorporated a real estate business. Newsweek reported the firm of Trump, Fulcher & Roxburgh Capital Inc. was incorporated on July 15, 2024, in Wyoming with its principal...
Seafood Restaurant Chain Captain D’s Expanding to the UK Market

Seafood Restaurant Chain Captain D’s Expanding to the UK Market

by Phil Hall | Jan 17, 2025 | Commercial Real Estate News, International Real Estate News, Real Estate News, WRE News Exclusive

The Nashville-headquartered fast-casual seafood restaurant chain Captain D’s is expanding across the Atlantic Ocean with a 20-unit multi-unit franchise agreement for the UK market, with the first restaurant scheduled for the London area later this year. This...
Biden Signs Executive Order on Creating New AI Data Centers

Biden Signs Executive Order on Creating New AI Data Centers

by Phil Hall | Jan 16, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

With less than a week before his term expires, President Biden signed an Executive Order directed the Departments of Defense and Energy to identify federal sites that could be used for artificial intelligence (AI) data centers and clean power facilities. The Executive...
Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City

Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City

by Phil Hall | Jan 16, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The City of Cleveland has filed a lawsuit to stop its NFL team from moving out when the lease on its lakefront stadium expires in 2028. The Associated Press reports Jimmy and Dee Haslam, the owners of the Cleveland Browns, plan to build a $2.4 billion stadium and...
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