Commercial Real Estate
Cleveland Rejects $1.6 Billion Data Center Project in Residential Neighborhood
“Mayor Bibb has serious concerns about hyperscale, standalone data centers being placed in residential neighborhoods,” said the mayor’s office in a statement. Continue Reading Cleveland Rejects $1.6 Billion Data Center Project in Residential Neighborhood
Tampa Bay Rays in Tentative Deal with Local Officials on New $2.3 Billion Ballpark
The team has played at Tropicana Field in St. Petersburg since their 1998 launch. Continue Reading Tampa Bay Rays in Tentative Deal with Local Officials on New $2.3 Billion Ballpark
Nuveen Launches 1031 Real Estate Exchange Platform
The new platform is structured as an Umbrella Partnership Real Estate Investment Trust (UPREIT) program. Continue Reading Nuveen Launches 1031 Real Estate Exchange Platform
DeSantis: No State Money for Building a New Tampa Bay Rays Stadium
“We are not taking your tax dollars to do any stadiums at the state level,” he said. Continue Reading DeSantis: No State Money for Building a New Tampa Bay Rays Stadium
Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
The nine facilities are comprised of 686 licensed beds. Continue Reading Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Construction is expected to start in the third quarter of this year, with the first phase anticipated to be completed in 2027. Continue Reading Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
Penn State to Close 7 Campuses
The board voted 25 to 8 to close the DuBois, Fayette, Mont Alto, New Kensington, Shenango Wilkes-Barre and York campuses. Continue Reading Penn State to Close 7 Campuses
OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
The buildings’ construction will be funded by G42 while the data center will be operated by OpenAI and the tech company Oracle. Continue Reading OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate
All proceeds from the Louis J. Rogers’ book sales will benefit the Children’s Hospital of Richmond at Virginia Commonwealth University. Continue Reading New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate
Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million
Originally constructed as a warehouse, the property covers 94,580 square feet of office space and 31,405 square feet of retail. Continue Reading Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million
Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme
Schwartz pleaded guilty in February to one count of wire fraud. Continue Reading Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 10-14- Seattle Bans Rental Housing Junk Fees
- American Real Estate Association Hires John Blount as Chief Lobbyist
- Better Pushes Back at Attempt by Ex-CEO Vishal Garg to Regain Control of th…
- REMAX and Golfweek Partner on Real Estate and Lifestyles Destination
