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Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium

Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium

by Phil Hall | Apr 21, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Tampa Bay Rays are seeking to finance their proposed $2.3 billion new stadium with over $1 billion in public funds. USA Today reports Rays CEO Ken Babby is seeking is $750 million from Hillsborough County, $251 million from Tampa, and another $64 million from a...
Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion

Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion

by Phil Hall | Apr 20, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The New York City-based asset manager Blue Owl Capital Inc. (NYSE: OWL) announced that affiliates of Blue Owl Real Estate Capital LLC will acquire all outstanding shares of common stock of Sila Realty Trust Inc. (NYSE: SILA) for $30.38 per share in an all-cash...
A&G Real Estate Partners Offers 78 Walgreens Properties

A&G Real Estate Partners Offers 78 Walgreens Properties

by Phil Hall | Apr 17, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A&G Real Estate Partners announced that it is seeking offers for a mix of Walgreens store leases and fee-owned properties nationwide. The offering features existing leaseholds for 60 retail freestanding, central business district, end cap and inline locations...
Blueprint Healthcare Real Estate Advisors Taps Peter Trazzera as Senior Director of Capital Markets

Blueprint Healthcare Real Estate Advisors Taps Peter Trazzera as Senior Director of Capital Markets

by Phil Hall | Apr 16, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Blueprint Healthcare Real Estate Advisors, a Chicago-headquartered advisor in healthcare real estate investment sales, announced the hiring of Peter Trazzera as senior director of capital markets. In a statement, the company said Trazzera “brings deep expertise in...
Foshay Tower, Historic Minneapolis Property, Faces Foreclosure

Foshay Tower, Historic Minneapolis Property, Faces Foreclosure

by Phil Hall | Apr 15, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Foshay Tower, a landmark building in downtown Minneapolis, is facing foreclosure after its owners failed to pay off its $51 million mortgage. The Star-Tribune reports the mortgage’s maturity date came in May 2025. Deutsche Bank filed the complaint as a trustee...
WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project

WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project

by Phil Hall | Apr 13, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Charleston, South Carolina-based real estate development firm WRS Inc. has broken ground on the Lakeforest Redevelopment, a mixed-use project in the Washington, DC suburb of Gaithersburg, Maryland. The $1.2 billion project is designed to reanimate the former...
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