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Flood Museum Closed Due to Flooding

Flood Museum Closed Due to Flooding

by Phil Hall | Jan 30, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A Pennsylvania museum focused on a historic flood was forced to close indefinitely because its building was flooded. WJAC.com reports the Johnstown Flood Museum experienced a valve failure on the building’s third floor, with water pouring through the walls. The...
Canadian Farm Goods Retailer Peavey Mart to Close All Stores

Canadian Farm Goods Retailer Peavey Mart to Close All Stores

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

The Canadian farm goods store chain Peavey Mart announced it is closing all its locations. The Red Deer, Alberta-headquartered company recently closed 22 stores in Ontario and Nova Scotia. In a posting yesterday on social media, the company stated it “had sought and...
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...
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