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Duracell Relocates R&D Headquarters from Connecticut to Atlanta

Duracell Relocates R&D Headquarters from Connecticut to Atlanta

by Phil Hall | Feb 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The battery brand Duracell, a Berkshire Hathaway (NYSE:BRK) company, is relocating its Research and Development (R&D) headquarters from its corporate headquarters in Bethel, Connecticut, to Atlanta. The new R&D facility is scheduled to open in Summer 2026 and...
Executive Changes Announced at Newmark Group

Executive Changes Announced at Newmark Group

by Phil Hall | Feb 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Newmark Group Inc. (NASDAQ: NMRK) announced CEO Barry M. Gosin will take on the additional role of chairman of its operating company, Newmark & Company Real Estate Inc., while Executive Vice President and Chief Legal Officer Stephen Merkel has been named chairman...
Another Major Tenant to Depart Beleaguered San Francisco Centre Mall

Another Major Tenant to Depart Beleaguered San Francisco Centre Mall

by Phil Hall | Feb 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The San Francisco Centre mall has lost another major tenant as Burke Williams Day Spa announced it will be leaving the property on April 28. The San Francisco Chronicle reports Burke Williams’ 16,000-square-foot spa, the largest in San Francisco, has been a tenant of...
CoStar Group Acquires Agricultural Land Data Firm

CoStar Group Acquires Agricultural Land Data Firm

by Phil Hall | Feb 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP) has acquired the agricultural data company Ag-Analytics. According to the companies, the acquisition will extend CoStar Group’s Land.com platform into the agricultural land sector by incorporating data capabilities for farmland,...
Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job

Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job

by Phil Hall | Feb 14, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new survey of Americans working from home has found one in four remote employees who must now return to an office no longer live near their place of employment and must either move or seek a new job. The survey of 2,370 employees at companies enforcing return to...
Crypto-Only Buyer Sought for $28 Million Manhattan Office Property

Crypto-Only Buyer Sought for $28 Million Manhattan Office Property

by Phil Hall | Feb 14, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Manhattan office building has been listed for $28 million, but there’s a catch – the property owner will only sell it to a buyer who pays in cryptocurrency. Bisnow.com reports Okada & Co. acquired 111 West 24th Street in 2021 for $16 million. The following year,...
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