Commercial Real Estate
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
University of Rochester Creates New Position to Oversee Real Estate Portfolio
Andrea Tompkins Wright is the new associate vice president for real estate, portfolio management, and planning. Continue Reading University of Rochester Creates New Position to Oversee Real Estate Portfolio
NY Attorney General Begins Process to Seize Trump’s Westchester Properties
James’ office entered judgments on March 6 with the clerk’s office in Westchester County, where Trump has a golf course and a private estate called Seven Springs. Continue Reading NY Attorney General Begins Process to Seize Trump’s Westchester Properties
$475 Million Financing Secured for 800,000-Square-Foot Burbank Office Project
Noted architect Frank Gehry and the team at Gehry Partners designed the buildings, which stand seven and nine stories in height. Continue Reading $475 Million Financing Secured for 800,000-Square-Foot Burbank Office Project
DXL Big + Tall Taps Beta Agency for Retail Store Expansion
DXL’s expansion plans includes the opening of nine new stores in 2024. Continue Reading DXL Big + Tall Taps Beta Agency for Retail Store Expansion
Chicago Voters Reject ‘Mansion Tax’ Referendum
The referendum was spurned by a 54% to 46% ratio. Continue Reading Chicago Voters Reject ‘Mansion Tax’ Referendum
BOMA International Updates Floor Measurement Standard for Office Buildings
BOMA first published its measurement standard for office buildings in 1915. Continue Reading BOMA International Updates Floor Measurement Standard for Office Buildings
ElmTree Funds Launches Two Industrial Property-Focused REITs
For its initial investment, the REITs acquired a 169,543 square-foot industrial property located in St. Louis. Continue Reading ElmTree Funds Launches Two Industrial Property-Focused REITs
Trump Unable to Secure $454 Million Surety Bond in Valuation Fraud Case
ew York Attorney General Letitia James threatened to seize Trump’s real estate assets if he failed to secure the bond. Continue Reading Trump Unable to Secure $454 Million Surety Bond in Valuation Fraud Case
Hits and Misses for the Real Estate Week of March 11-15
An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 11-15
$7,000 in Grants Awarded to Preserve Three Historic Chicago Sites
The fund provides small planning and capital matching grants to support organizations and people working to preserve South Side history. Continue Reading $7,000 in Grants Awarded to Preserve Three Historic Chicago Sites
