State legislatures fighting against property taxes, a California restaurant chain closing eateries and a stock market for Texas. From the wild and wooly world of real estate, here are the Hits and Misses for the week of June 3-7. Hit: Saying No to New Taxes. The...
DLC, the Elmsford, New York-based owner/operator of open-air retail assets, has acquired the Colony Place shopping center in Plymouth, Massachusetts, for $86 million in an off-market transaction. Colony Place has more than 50 stores and is 94% leased. The shopping...
The fruit food and beverage company Welch’s has announced it will relocate its corporate headquarters to Waltham, Massachusetts, in 2025. The new Welch’s headquarters will be in Reservoir Place at 1601 Trapelo Road, a building owned by Boston Properties...
Emerald Bay Risk Solutions has partnered with the insurance agency Arrowhead to launch Arrowhead EQ DIC, a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. According to the companies, Arrowhead EQ...
Columbus, Ohio-based Huntington National Bank has created a National Deposits business designed to expand its commercial offerings to real estate businesses. The bank said the new business will expand its services and capabilities available to commercial customers...
The sudden and unexpected closure of a major Philadelphia art school could create a major upheaval in the city’s commercial real estate market with properties coming up for sale at once. According to a Philadelphia Inquirer report, the University of the Arts will shut...
