Commercial Real Estate
New Forecast Points to Declining Vacancy Rate for Industrial Real Estate
The national industrial real estate vacancy rate remained in the mid-7% range entering the second quarter and is expected to edge higher into 2027 before rolling into a gradual decline, according to a revised forecast from CoStar Group. Under the revised forecast,...
Pepperlot Launches Online Marketplace for Restaurant Real Estate
The platform is open to brokers, agents, landlords, tenant representatives, and restaurant operators across the US. Continue Reading Pepperlot Launches Online Marketplace for Restaurant Real Estate
Private-Label CMBS Market Issuance Up 21% During 2025
“The average size of a SASB deal in 2025 was $718.9 million,” said Orest Mandzy, managing editor of Trepp’s CRE Direct. Continue Reading Private-Label CMBS Market Issuance Up 21% During 2025
Axis Partners Sells 22-Asset Industrial Portfolio for $111 Million
Roughly two-thirds of the properties are spread across Atlanta and Texas. Continue Reading Axis Partners Sells 22-Asset Industrial Portfolio for $111 Million
Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
The MOU also includes the creation of new facilities for Hillsborough College, which has 180 days to negotiate and approve a final agreement with the team. Continue Reading Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
The property was foreclosed on in November, selling for $134 million. Continue Reading San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
Women’s Fashion Retailer Francesca’s to Close All Stores
The chain has more than 450 stores in 45 states, with 3,400 employed as associates. Continue Reading Women’s Fashion Retailer Francesca’s to Close All Stores
UK Approves China’s Mega-Embassy in London
China purchased the building – the former site for the Royal Mint – in 2018 for $312 million. Continue Reading UK Approves China’s Mega-Embassy in London
Connecticut Freezes Property Tax Assessments on Farmland
Gov. Ned Lamont ordered the revocation of the 2025 Recommended Land Use Values and Best Practices for farmland. Continue Reading Connecticut Freezes Property Tax Assessments on Farmland
2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
A third hotel, the Hilton Canopy in Minneapolis, has stopped accepting reservations but is still open for business. Continue Reading 2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
Gary, Indiana Offers 3 Possible Sites for New Chicago Bears Stadium
“A move to Gary isn’t just about a building; it’s about building a dynasty,” said Mayor Eddie Melton. Continue Reading Gary, Indiana Offers 3 Possible Sites for New Chicago Bears Stadium
Sphere Entertainment to Open New Venue at Maryland’s National Harbor
The new venue will be the second of its kind in the US and the first to utilize a smaller-scale design model featuring a 6,000-seat structure. Continue Reading Sphere Entertainment to Open New Venue at Maryland’s National Harbor
