Commercial Real Estate
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
The arena has been at its site since 1968, and the proposal calls for a public plaza to replace the 820,000-square-foot building. Continue Reading Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
Vietnam Approves Trump Organization’s Golf Resort Real Estate Project
The projects will encompass a golf course the size 336 American football fields, residential areas, commercial spaces and parks. Continue Reading Vietnam Approves Trump Organization’s Golf Resort Real Estate Project
Voice of America’s DC HQ Listed for Sale
The million-square-foot property was constructed in 1940. Continue Reading Voice of America’s DC HQ Listed for Sale
Bastyr University Plans to Sell Seattle-Area Campus
Once a full or partial sale occurs, Bastyr University plans to relocate to a new campus in the Seattle area. Continue Reading Bastyr University Plans to Sell Seattle-Area Campus
Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion
The acquisition announcement was not accompanied by news of potential store closings. Continue Reading Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion
Bank of America to Open 150 New Financial Centers
The bank opened a new flagship financial center at 2 Bryant Park in New York City. Continue Reading Bank of America to Open 150 New Financial Centers
A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums
Editor Phil Hall questions if taxpayers should be financing new privately-owned stadium projects. Continue Reading A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums
Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
“Bringing Shake Shack to Central America marks a major milestone as we continue to grow globally,” said Michael Kark, president of global licensing. Continue Reading Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The portfolio is currently 99.7% leased to a roster of 26 tenants. Continue Reading PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment
Real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. Continue Reading Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment
Hits and Misses for the Real Estate Week of May 5-9
A mortgage fraud probe of Letitia James, a serious HR problem at the GSEs and the surprising site for Disney’s next theme park. Continue Reading Hits and Misses for the Real Estate Week of May 5-9
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