Core Palmetto, an affiliate of Miami-based Core Investment Management, announced the sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida. Core acquired Palmetto Plaza in 2021 for $33 million. While the company did not state the sale...
Newmark Group Inc. (NASDAQ: NMRK) announced an alliance agreement with Mountain West Commercial Real Estate, a brokerage focused on the Idaho, Montana, Nevada, Utah and Wyoming markets. Under the terms of this alliance, Mountain West will operate as Newmark Mountain...
Costco Wholesale Corp. (NASDAQ: COST) has partnered with Trinity Energy, a provider of turn-key sustainable energy solutions, on deployment of a modular, off-grid electrified energy system at the Costco warehouse store in Norwalk, Connecticut. According to the...
The Detroit City FC unveiled new renderings and the new name for its proposed 15,000-seat soccer stadium, although the team has yet to secure the tax abatements needed to finance the $150 million venue’s construction. The Detroit Free Press reports the stadium will be...
The North Carolina-based private equity real estate firm Prudent Growth Partners LLC has completed its $7.25 million acquisition of Sugarloaf Village, a 32,000-square-foot shopping center located in the Atlanta suburb of Lawrenceville, Georgia. Built in 2008, the...
New York City will not renew its lease with the last major hotel operating as a migrant shelter. According to The New York Times, Mayor Eric Adams said the Row NYC in Times Square will cease housing migrants in April when the city’s lease with the establishment...
