Commercial Real Estate
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
The 47-acre Palms Crossing is currently 98% leased and is anchored by Best Buy, Hobby Lobby, Burlington Coat Factory, Barnes & Noble and Nike. Continue Reading CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
The property is a five-story, 7,850-square-foot commercial building located on the Upper East Side of Manhattan. Continue Reading Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Newmark Group Inc. served as exclusive advisor to Scholastic Corporation on both sale-leaseback transactions Continue Reading Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Report: Trump to Profit from Proposed NYC Casino
The Gaming Commission estimated the new casinos could generate $7 billion in gambling revenues for the state from 2027 to 2036. Continue Reading Report: Trump to Profit from Proposed NYC Casino
CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
Cash-Strapped Filmmaker Coppola Puts Landmark San Francisco Building Up as Collateral
The Sentinel Building, also known as the Columbus Tower, was completed in 1907. Continue Reading Cash-Strapped Filmmaker Coppola Puts Landmark San Francisco Building Up as Collateral
Detroit City Council Approves New 15,000-Seat Stadium
The Detroit City Council approved the proposal by the Detroit City Football Club's (DCFC) to construct a 15,000-seat stadium and other community projects in Southwest Detroit. CBS News reports the DCFC will build a 421-parking deck and 76-unit apartment building of...
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Prior to his career in real estate, he was a sports reporter for the Washington Post. Continue Reading Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
A Pair of San Francisco Hotels Sold at Steep Discount
The hotels account for nearly 10% of San Francisco’s lodging units. Continue Reading A Pair of San Francisco Hotels Sold at Steep Discount
SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
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