Axis Partners, an Atlanta-headquartered real estate investment platform, has partnered with Sweetwater Holdings on the $111 million sale of an 85-acre portfolio comprised of 22 industrial outdoor storage facilities located primarily throughout the Sunbelt states. The...
The Tampa Bay Rays have signed a non-binding memorandum of understanding (MOU) with Hillsborough College to redevelop the college’s 113-acre Dale Mabry campus to become a new baseball stadium and mixed-use development. MLB.com reports the campus is south of George M....
The beleaguered San Francisco Centre, a once-grand shopping center that hosted 200 retail stores prior to the pandemic, is permanently closing on Jan. 26. The San Francisco Chronicle reports an employee at Ecco’s, the mall’s last remaining tenant, confirmed the...
The women’s fashion retailer Francesca’s has begun closing all store locations. According to Women’s Wear Daily, the chain has more than 450 stores in 45 states, with 3,400 employed as associates. Francesca’s first opened in 1999 and filed for Chapter 11 bankruptcy in...
The UK government has given China the go-ahead to proceed with its new 215,000-square-foot mega-embassy in London, despite concerns that the building could be used as a launchpad for espionage purposes. According to combined media sources, China purchased the building...
Connecticut Gov. Lamont announced a freeze on property tax assessments for the state’s farms amid warnings that farmers would face severe tax hikes that would imperil their operations. In a letter to the state’s Office of Policy and Management, Lamont ordered the...
Hits and Misses for the Real Estate Week of June 22-26
