Commercial Real Estate
Another Attempt Planned to Get a Buyer for the Vacant San Francisco Centre
CBRE will launch a call for initial offers on Sept. 9 at 5:00 pm PDT. Continue Reading Another Attempt Planned to Get a Buyer for the Vacant San Francisco Centre
Newmark CEO Barry Gosin to Step Down at Year’s End
Gosin has been CEO since 1979. Continue Reading Newmark CEO Barry Gosin to Step Down at Year’s End
Feds Seek to Give Away Nation’s Oldest Continuously Operating Lighthouse
Located on Little Brewster Island in Boston Harbor, the 310-year-old property is listed on the National Register of Historic Places. Continue Reading Feds Seek to Give Away Nation’s Oldest Continuously Operating Lighthouse
Texas Governor Pauses New Data Centers with Audit Order
Data center projects that fail to comply with the requirements set forth by the PUCT and ERCOT will be denied connection to the Texas grid. Continue Reading Texas Governor Pauses New Data Centers with Audit Order
Merritt Properties Breaks Ground on First Phase of Virginia Business Park
This is the first phase of a planned five-building development located along I-95 between Washington, DC, and Richmond. Continue Reading Merritt Properties Breaks Ground on First Phase of Virginia Business Park
Newmark Acquires Altus Group’s Development Advisory Business
Altus’ Development Advisory business consists of approximately 335 employees across the US, Canada, Australia and Thailand. Continue Reading Newmark Acquires Altus Group’s Development Advisory Business
Private Equity Firm Seeks to Buy 117 JCPenney Stores
The 117 stores are located in 35 states. Continue Reading Private Equity Firm Seeks to Buy 117 JCPenney Stores
Data Center Construction in June Totals $22.3 Billion
Year-to-date spending on data center construction through June reached $81.5 billion. Continue Reading Data Center Construction in June Totals $22.3 Billion
Raleigh Museum Announces Sale of Its Building
For the past 15 years, the museum has been located in a repurposed warehouse built in 1911. Continue Reading Raleigh Museum Announces Sale of Its Building
Kalshi Predictive Market Favors a New Chicago Bears Stadium in Illinois
The Bears have begun geotechnical testing of the soil at the Wolf Lake Terminals site in Hammond as part of viability study for an Indiana venue. Continue Reading Kalshi Predictive Market Favors a New Chicago Bears Stadium in Illinois
The World’s First Motel (or What’s Left of It) is Listed for Sale
Most of the original buildings at the site were demolished in 2006. Continue Reading The World’s First Motel (or What’s Left of It) is Listed for Sale
CMBS Delinquency Rate Soars by 51 Basis Points to 7.86%
Four of the five property sectors tracked by Trepp recorded CMBS delinquency rate increases in July. Continue Reading CMBS Delinquency Rate Soars by 51 Basis Points to 7.86%
