The last full-size Kmart operating in the US is scheduled to cease operations on Oct. 20. The New York Post reported the 90,000-square-foot store in the Long Island hamlet of Bridgehampton, New York, opened in 1996 and was part of a chain that encompassed more than...
A new mixed-use development in South Los Angeles will become the first to feature a Costco big box retail store with apartments. A groundbreaking ceremony took place on Sept. 18 at the former site of View Park Community Hospital in the Baldwin Village section of the...
Home sales in Alabama declined in August after six consecutive months of increases while the state’s median sales price reached a new recent high. According to data from the Alabama Association of Realtors, the state recorded 5,974 home sales in last month, a 2.6%...
Tempur Sealy International Inc. (NYSE: TPX) announced the divestiture of 176 stores to appease the Federal Trade Commission’s (FTC) objection over its proposed $4 billion acquisition of Mattress Firm Group. In conjunction with the planned Mattress Firm acquisition,...
The municipal council in Princeton, New Jersey, has begun the process to acquire the historic former campus of Westminster Choir College – although the ownership of the property is in dispute. NJ.com reported the council issued an ordinance to acquire the campus, with...
The American Real Estate Association (AREA) has launched a petition calling on the National Association of Realtors (NAR) to repeal its Clear Cooperation Policy. The petition on the Change.org site claims that NAR forces real estate professionals to “submit listings...