Commercial Real Estate
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
The arena has been at its site since 1968, and the proposal calls for a public plaza to replace the 820,000-square-foot building. Continue Reading Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year
The MBA also reported that 17% ($875 billion) of the $5 trillion of outstanding commercial mortgages held by lenders and investors is scheduled to mature this year. Continue Reading MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year
Connecticut Theater Shuttered for 52 Years is Sold for $250,000
The new owner plans to renovate the space into an entertainment and music venue, with a reopening planned for 2027. Continue Reading Connecticut Theater Shuttered for 52 Years is Sold for $250,000
Kroger Taps Walmart Executive as New CEO
Foran was previously CEO of the US division of Walmart and earlier in his career he was CEO of Air New Zealand. Continue Reading Kroger Taps Walmart Executive as New CEO
Hits and Misses for the Real Estate Week of Feb. 2-6
A baseball team gets evicted from its stadium, a five-year-old lawsuit is settled, and a pizza chain loses 250 stores. Continue Reading Hits and Misses for the Real Estate Week of Feb. 2-6
Tampa Bay Rays Unveil First Renderings of Proposed Domed Stadium
The 31,000-seat stadium will encompass approximately 130 acres, along with a mixed-use district. Continue Reading Tampa Bay Rays Unveil First Renderings of Proposed Domed Stadium
Kristen Stewart Buys Historic Los Angeles Theater
Stewart did not reveal the purchase price for the venue or the budget for the interior renovations. Continue Reading Kristen Stewart Buys Historic Los Angeles Theater
Indiana House Speaker to Sponsor Bears Stadium Bill
Gov. Mike Braun has advocated for having the Bears in Indiana. Continue Reading Indiana House Speaker to Sponsor Bears Stadium Bill
Simon to Begin Renovations and Upgrades at 3 Mall Properties
This investment reflects Simon’s focus on strategic redevelopments to create vibrant, modern environments that cater to today’s shopper,” said Eli Simon, chief operating officer. Continue Reading Simon to Begin Renovations and Upgrades at 3 Mall Properties
Baseball Team Evicted from Indiana Stadium
“I was surprised to find out that we weren’t playing at the stadium this year,” said team president Don Popravak. Continue Reading Baseball Team Evicted from Indiana Stadium
Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center
The property was previously used as a logistics center and as arena that hosted rodeos and demolition derbies. Continue Reading Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center
