Commercial Real Estate
Walgreens Reveals Closing Chicago Store Suffered Million-Dollar Loss Amid High Theft Rates
The store had served the community for over 20 years. Continue Reading Walgreens Reveals Closing Chicago Store Suffered Million-Dollar Loss Amid High Theft Rates
Hits and Misses for the Real Estate Week of May 4-8
New listings on the rise, New York City’s mayor shoots his mouth off (twice), and the late Ted Turner’s property portfolio. Continue Reading Hits and Misses for the Real Estate Week of May 4-8
Bankrupt Canadian Retailer Hudson’s Bay to Shutter 7 Remaining Stores
Hudson’s Bay filed for creditor protection earlier in March, owing $950 million to nearly 2,000 secured and unsecured creditors. Continue Reading Bankrupt Canadian Retailer Hudson’s Bay to Shutter 7 Remaining Stores
Hits and Misses for the Real Estate Week of April 21-25
This week’s Hits and Misses feature homebuyers who regret their purchase, a new approach to data center development, and another attempt to combat homelessness. Continue Reading Hits and Misses for the Real Estate Week of April 21-25
Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024
Depositories were the leading capital source for the sector’s mortgage debt last year. Continue Reading Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024
Stonepeak Launches Data Center Development Company
Montera is led by company founder and CEO Eanna Murphy, formerly a data center executive at Yondr and Google. Continue Reading Stonepeak Launches Data Center Development Company
Jack in the Box to Close Up to 200 Restaurants
The new program will consist of approximately 80-120 restaurant closures between now and Dec. 31. Continue Reading Jack in the Box to Close Up to 200 Restaurants
Infinite Reality to Build 60-Acre HQ Complex in Fort Lauderdale
The project is slated to open in 2026 at the site of a remediated former Superfund property. Continue Reading Infinite Reality to Build 60-Acre HQ Complex in Fort Lauderdale
Saks Fifth Avenue to Shut Down San Francisco Store
The retailer’s five-floor store will close on May 10. Continue Reading Saks Fifth Avenue to Shut Down San Francisco Store
Capital Square Opens Luxury Mixed-Use Complex in Raleigh
Maeve includes 297 apartments and more than 10,000 square feet of street-level retail space. Continue Reading Capital Square Opens Luxury Mixed-Use Complex in Raleigh
New Data Center Alliance Aims to Develop Zero-Emission Facilities
The alliance founders are Innovo Profitable Net Zero, ESS, Arco Design/Build, and Corpus Christi Regional Economic Development Corporation. Continue Reading New Data Center Alliance Aims to Develop Zero-Emission Facilities
Dynamic City Capital Expands into Luxury Spa Resort Market
The property features 137 rooms and suites, a full-service spa, and curated wellness programs. Continue Reading Dynamic City Capital Expands into Luxury Spa Resort Market
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