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Feds to Shed 8 Government Buildings

Feds to Shed 8 Government Buildings

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Ahead of the new Elon Musk-Vivek Ramaswamy initiative to cut federal waste through the Department of Government Efficiency (DOGE), the US General Services Administration (GSA) announced eight federal properties will be jettisoned from its portfolio. The GSA plan said...
Dollar General Plans 575 New US Stores in 2025

Dollar General Plans 575 New US Stores in 2025

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The discount retailer Dollar General Corporation (NYSE: DG) announced a proactive real estate agenda involving new and renovated stores. The Goodlettsville, Tennessee-headquartered company is planning to open 575 new stores across the US and 15 in Mexico in 2025. Also...
Q3 Equity Gains Down by More Than 5%

Q3 Equity Gains Down by More Than 5%

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

US homeowners with mortgages – which account for roughly 62% of all properties – saw home equity increase by $425 billion during the third quarter, an uptick of 2.5% year-over-year, according to new data from CoreLogic. By the end of the third quarter, total net...
St. Petersburg City Council Approves Tampa Bay Rays Stadium Funding

St. Petersburg City Council Approves Tampa Bay Rays Stadium Funding

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The ongoing saga of the proposed $1.3 billion ballpark for the Tampa Bay Rays took a new step forward as the St. Petersburg City Council narrowly voted to approve bonds to fund its public financing portion for the stadium and the surrounding Historic Gas Plant...
Joshua Smith Joins eXp Realty Network of Agents

Joshua Smith Joins eXp Realty Network of Agents

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), has welcomed the prominent Phoenix-based real estate professional Joshua Smith to its global network of agents. Smith has been the owner/realtor of Revisto Real Estate Group for nearly 20 years and...
Now Open: The World’s Most Expensive Real Estate Development

Now Open: The World’s Most Expensive Real Estate Development

by Phil Hall | Dec 5, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Monaco is home to a new development that makes Dubai look like an affordable housing project. The Times of London reports the tiny European principality has opened, Mareterra, a 14-acre district built on land reclaimed from the sea. Homebuyers in Mareterra have a...
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