CVS Health (NYSE: CVS) planning to open a dozen mini-stores that only provide full-service pharmacies with a limited retail component. The Wall Street Journal reports the new stores will be on average less than 5,000 square feet, or less than half the size of the...
The US Small Business Administration (SBA) announced plans to relocate regional offices from six cities that enforce sanctuary city policies. In a press statement, the SBA stated its regional offices in Atlanta, Boston, Chicago, Denver, New York City, and Seattle will...
Elon Musk’s artificial intelligence company xAI has acquired a 1 million-square-foot facility in Southwest Memphis, Tennessee. The acquisition follows xAI’s announcement from last December that it planned to expand the “Colossus” supercomputer facility it...
A real estate agent gets slammed for insulting a waiter, another agent seeks to oust Los Angeles’ mayor, and a huge hole that needs to be filled. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 3-7. Miss: Comeuppance...
The alternative asset management company Blackstone (NYSE: BX) announced the final close of its most recent commercial real estate debt fund, Blackstone Real Estate Debt Strategies V (BREDS V), which has approximately $8 billion of total capital commitments. The Wall...
The Open Space Institute (OSI), a land conservation organization, has acquire more than 3,100 forested acres within the New York’s Catskill Park for $6.2 million. The property, one of the largest parcels of privately-owned, contiguous forestland remaining within the...