Commercial Real Estate
Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
“Should this commitment ultimately not be achievable, we would have no choice but to evaluate alternatives,” said Rays CEO Ken Babby. Continue Reading Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
“I am extremely proud of the company that we have built at Sila Realty Trust,” stated Michael A. Seton, the company’s president and CEO. Continue Reading Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
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
Hits and Misses for the Real Estate Week of Aug. 18-22
Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. Continue Reading Hits and Misses for the Real Estate Week of Aug. 18-22
Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
The new stadium will receive $350 million in public financing, with the team absorbing the remaining costs on the project. Continue Reading Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
Appeals Court Voids $524 Million Penalty in Trump Fraud Case
The president declared “total victory.” Continue Reading Appeals Court Voids $524 Million Penalty in Trump Fraud Case
Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California
Marcus Lemonis faulted the California business environment for “higher taxes, higher fees, higher wages that many businesses simply cannot sustain.” Continue Reading Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California
Leadership Shake-Up at Target with New CEO
Brian Cornell became CEO in 2014, the first chief executive to come into the leadership role from outside of the company. Continue Reading Leadership Shake-Up at Target with New CEO
USDA to Cease Funding Solar and Wind Power Installations on Farmland
Solar and wind projects are no longer eligible for the Rural Development Business and Industry Guaranteed Loan Program. Continue Reading USDA to Cease Funding Solar and Wind Power Installations on Farmland
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
The Browns planned to begin construction on the new stadium early next year. Continue Reading Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
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