Saks Global, the parent company of the Saks Fifth Avenue department store chain, it is closing 62 of its 70 Saks Off 5th discount outlets as part of its bankruptcy protection restructuring. The Wall Street Journal reports the stores targeted for closing will begin...
Hanover Bancorp Inc. (NASDAQ: HNVR), the Mineola, New York-based bank holding company for Hanover Community Bank, has hired William J. Newham III as executive vice president and chief commercial real estate lending officer. Prior to joining Hanover Bank, Newham was...
A Phil Hall Op-Ed: There appears to be a malignant trend among the more extreme elements of today’s political “protesters” – they believe they have the inalienable right to disrupt and destroy the commercial property of anyone they don’t like. This strategy gained...
The self-storage company StorageMart has acquired a portfolio of 15 self-storage properties across New York City encompassing approximately 1.3 million net rentable square feet with 25,498 storage units and 121 parking spaces. The financial terms of the deal were not...
The campaign to bring the Chicago Bears to Northwest Indiana picked up more momentum in the Hoosier State’s legislature. NBC Chicago reports Indiana’s Senate passed SB 27 on Wednesday that creates the Northwest Indiana Stadium Authority. The new agency will be...
The law firm of Dorsey & Whitney LLP announced the hiring of Clay Pulliam as a partner in the real estate group. Pulliam will be based in Dallas and will advise clients on commercial real estate matters, including acquisitions and dispositions, development,...
Hits and Misses for the Real Estate Week of March 16-20
