Commercial Real Estate
Retail Component of Miami Worldcenter Sells for $210 Million
The Retail Capital Markets business of Newmark Group Inc. announced the sale. Continue Reading Retail Component of Miami Worldcenter Sells for $210 Million
Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
“I don’t think in the end it’s going to matter to people,” said Bears Chairman George H. McCaskey. Continue Reading Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
CMBS Delinquency Rate Up for Sixth Straight Month
Year-over-year, the overall CMBS delinquency rate has increased by 185 basis points from 5.44%. Continue Reading CMBS Delinquency Rate Up for Sixth Straight Month
Hits and Misses for the Real Estate Week of Aug. 25-29
A fight over the Fed, an upcoming exodus of Canadians returning going home, and a growing wave of property tax reform efforts. Continue Reading Hits and Misses for the Real Estate Week of Aug. 25-29
Texas Acquires 2 Hotels Adjacent to the Alamo
The Menger Hotel was built in 1859, and the Crockett was built in 1909. Continue Reading Texas Acquires 2 Hotels Adjacent to the Alamo
Houston Astros File Lawsuit to Block Property Taxes on Stadium
The team claims Harris County “has no authority beyond what is conferred by the Texas Constitution or statute.” Continue Reading Houston Astros File Lawsuit to Block Property Taxes on Stadium
Jeff Kellmas Named Director of Leasing at First National Realty Partners
Kellams was most recently as vice president of Leasing at Washington Prime Group. Continue Reading Jeff Kellmas Named Director of Leasing at First National Realty Partners
Braemar Hotels & Resorts Has Put Itself Up for Sale
Braemar’s portfolio includes nine resort and five urban properties operated under multiple brands. Continue Reading Braemar Hotels & Resorts Has Put Itself Up for Sale
Aldi to Open First Grocery Store in Manhattan
The 25,000-square-foot store will be on 42nd Street near Times Square. Continue Reading Aldi to Open First Grocery Store in Manhattan
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
The development will feature more than 3.5 acres of retail pad sites, which are available for ground lease. Continue Reading ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store. Continue Reading Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
Dillard’s Buys Dallas-Area Mall for $34 Million
The 638,000-square-foot Longview Mall opened in 1978. Continue Reading Dillard’s Buys Dallas-Area Mall for $34 Million
