Elon Musk’s new Department of Government Efficiency (DOGE) has taken aim at the surplus of vacant office properties allocated to federal agencies. The DOGE channel on X ran headline from the Washington Times that announced: “Nearly 90% of feds’ office in D.C. going to...
The Denver-based real estate investment firm VanWest Partners announced its acquisition of three self-storage assets in Arkansas, Georgia, and Nevada. The acquired properties are based in Springdale, Arkansas, with 539 units and 72,645 net rentable square feet (NRSF);...
The owners of the Tampa Bay Rays said the team will not be able to move into their planned new stadium for the 2028 season, and there is a good chance they may never relocate to the new venue. The Associated Press reported the team’s executives informed Florida’s...
Savanna, a New York City-based real estate investment manager, owner/operator and developer, has acquired 799 Broadway, a Class-A office building in the Greenwich Village section of Manhattan, for a $255 million. The property was acquired at a discounted price from...
Holly Pond Plaza, a 73,060-square-foot outpatient medical building in Stamford, Connecticut, was sold for $19.1 million. Built in 1981, the four-floor property is 100% leased to three medical tenants, with Summit Health (Walgreens Boots Alliance) occupying roughly...
LandBridge Company LLC (NYSE: LB), a Houston-headquartered oil property acquirer and land management business, has purchased approximately 46,000 largely contiguous surface acres in Texas’ Southern Delaware Basin for $245 million in cash. The property, known as the...
