Commercial Real Estate
8-Building Orlando-Area Office Portfolio Sold for $96 Million
The portfolio encompasses a total of 722,456 square feet of office properties in urban and suburban areas. Continue Reading 8-Building Orlando-Area Office Portfolio Sold for $96 Million
Aldi Plans 180 New Stores During 2026
The new plans include the first Aldi store in Maine. Continue Reading Aldi Plans 180 New Stores During 2026
Morgan Clark to Lead Investor Relations at Basis Industrial
Clark previously led investor relations and fund management for Foundry Commercial’s development and investment platform. Continue Reading Morgan Clark to Lead Investor Relations at Basis Industrial
Hits and Misses for the Real Estate Week of Feb. 25-March 1
This week’s Hits and Misses includes Macy’s store closings, the CFPB’s opaqueness and living in a Mercedes-Benz (but not a car). Continue Reading Hits and Misses for the Real Estate Week of Feb. 25-March 1
New York Community Bank CEO Quits as Losses Grow
The fourth quarter loss was amended to $2.7 billion, a tenfold increase from its previously declared $252 million net loss. Continue Reading New York Community Bank CEO Quits as Losses Grow
Historic Black Church in DC is Sold to Anglican Congregation
Third Baptist Church’s members have chosen to continue as a congregation in Prince George’s County, Maryland. Continue Reading Historic Black Church in DC is Sold to Anglican Congregation
Healthpeak Properties Completes Merger with Physicians Realty Trust
The merged company will encompass a 52 million-square-foot portfolio. Continue Reading Healthpeak Properties Completes Merger with Physicians Realty Trust
New Jersey Development Site Sells for $7.5 Million
CBRE procured the buyer for the transaction, which is the third sale that the brokerage completed on behalf of the seller. Continue Reading New Jersey Development Site Sells for $7.5 Million
Whole Foods to Anchor New Mixed-Use Development in Central Connecticut
The project will include retail, lodging and a master-planned community. Continue Reading Whole Foods to Anchor New Mixed-Use Development in Central Connecticut
Macy’s to Close 150 Stores
The company insisted these locations generate less than 10% of its sales. Continue Reading Macy’s to Close 150 Stores
Will Commercial Real Estate Woes Fuel a New Wave of Bank Failures?
1,522 out of 4,641 banks have total commercial real estate exposures greater than 300%. Continue Reading Will Commercial Real Estate Woes Fuel a New Wave of Bank Failures?
Jonathan Pollack to Become President at Starwood Capital Group
Pollack was Blackstone’s global head of the firm’s real estate credit business since 2016. Continue Reading Jonathan Pollack to Become President at Starwood Capital Group
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