Commercial Real Estate
SL Green Sells Manhattan Office Tower for $312.2 Million
The 37-story, 390,000 square foot property is currently 92% leased. Continue Reading SL Green Sells Manhattan Office Tower for $312.2 Million
Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion
People Inc. owns 26.1% of the outstanding common stock of MGM and would possess just over 50.1% of the equity of the company if the transaction is approved. Continue Reading Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion
Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
Shalom Baranes Associates replaced James McCrery, who stepped down as the project’s original architect in October. Continue Reading Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
The financial aspects of the deal were not disclosed. Continue Reading Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
Avalon Risk Management Debuts Hurricane Insurance Product
The new product can provide coverage to hurricane-prone areas from Brownsville, Texas through Newport News, Virginia. Continue Reading Avalon Risk Management Debuts Hurricane Insurance Product
Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
The lawsuits claim the office of Orange County Property Appraiser Amy Mercado did not use “professionally accepted appraisal practices.” Continue Reading Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
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