Commercial Real Estate
Activist Investor Withdraws Demand for Board Change at CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...
Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
The property is roughly 57% occupied. Continue Reading Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million
The property is 100% leased as the corporate headquarters for Skims Body Inc. Continue Reading Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million
CMBS Delinquency Rate Up in March
Last month, the overall delinquent balance was $39.3 billion, up from $36 billion in February. Continue Reading CMBS Delinquency Rate Up in March
Faropoint Makes First Los Angeles Industrial Acquisition
The 36,491-square-foot industrial facility was built in 1963 and is fully leased to four tenants. Continue Reading Faropoint Makes First Los Angeles Industrial Acquisition
Foot Locker Moves HQ from NYC to St. Petersburg, Florida
Foot Locker Inc. (NYSE: FL), the footwear and apparel retailer, is relocating is global headquarters from New York City to a 110,998-square-foot office in St. Petersburg, Florida. The company, which first announced its relocation plans last summer, has signed a lease...
Hits and Misses for the Real Estate Week of March 24-28
The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. Continue Reading Hits and Misses for the Real Estate Week of March 24-28
31,000 SF California Industrial Property Sells for $7.4 Million
The sale marks the final transaction involving the Southern California industrial asset portfolio acquired by the companies in 2020. Continue Reading 31,000 SF California Industrial Property Sells for $7.4 Million
SmartStop Self Storage REIT Announces Underwritten Public Offering
SmartStop has been approved to list its common stock on the New York Stock Exchange under the ticker symbol “SMA.,” Continue Reading SmartStop Self Storage REIT Announces Underwritten Public Offering
Dollar Tree Sells Family Dollar Retail Chain for $1 Billion
Dollar Tree acquired Family Dollar for more than $8 billion in 2015. Continue Reading Dollar Tree Sells Family Dollar Retail Chain for $1 Billion
Hilton’s Waldorf Astoria Hotels & Resorts to Open First Texas Resort
The new resort is slated to open in 2027. Continue Reading Hilton’s Waldorf Astoria Hotels & Resorts to Open First Texas Resort
A Phil Hall Op-Ed: The Assaults Against Tesla Dealerships
Editor Phil Hall considers the destruction of commercial property in “protest” of Elon Musk’s role in the Trump White House. Continue Reading A Phil Hall Op-Ed: The Assaults Against Tesla Dealerships
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