Dollar Tree Inc. (NASDAQ: DLTR) has acquired the designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. As part of the transaction, Dollar Tree also acquired the North American intellectual property of 99 Cents Only...
The retail holding company Ahold Delhaize USA is planning to close an unspecified number of its Stop & Shop supermarkets. Supermarket News reported that CEO JJ Fleeman made the announcement during a recent investor strategy meeting. Fleeman did not say how many...
Tekmak Development Company, a Dallas-based hospitality development company, has promoted Glenn Decker from vice president of operations to president. Decker succeeds Thomas Kirkland, who will remain as CEO. Prior to joining Tekmak in 2022, Decker spent six years in...
The Bay Area’s shaky real estate market received another blow as a vacant San Jose office property was foreclosed and seized by its lender. According to a Mercury News report, The Evergreen Advantage seized the 78,200-square-foot property at 5729 Fontanoso Way through...
Roughly 135 of New York City’s nearly 680 hotels are housing illegal immigrants, a loss of 16,532 hotel rooms, according to a report in the New York Times. This represents approximately one out of five hotels. The current level of lodging availability is 2,812 fewer...
An outrageous claim to a landmark property, an overlap of real estate and politics, and a tuneful agent begins his new job. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 20-24. Miss: Beyond Belief. The weirdest real...
