Commercial Real Estate
Demolition Begins at Boston’s Historic Matthews Arena
Over the years, it served as the original home of the NHL’s Boston Bruins and the NBA’s Boston Celtics. Continue Reading Demolition Begins at Boston’s Historic Matthews Arena
British Real Estate Investor Seeks to Restore Closed UK Churches
Samuel Leeds stated that he made a £250,000 offer to purchase the former Darlaston Methodist Church in Wednesbury, England. Continue Reading British Real Estate Investor Seeks to Restore Closed UK Churches
Retailer Forever 21 Plans Store Closures While Mulling Bankruptcy
If a buyer cannot be secured, Forever 21 will most likely be forced to shut down its entire 350-store chain. Continue Reading Retailer Forever 21 Plans Store Closures While Mulling Bankruptcy
Duracell Relocates R&D Headquarters from Connecticut to Atlanta
The new R&D facility is scheduled to open in Summer 2026. Continue Reading Duracell Relocates R&D Headquarters from Connecticut to Atlanta
Executive Changes Announced at Newmark Group
The executive changes follow the departure of Howard Lutnick to become Secretary of Commerce. Continue Reading Executive Changes Announced at Newmark Group
Another Major Tenant to Depart Beleaguered San Francisco Centre Mall
Burke Williams’ 16,000-square-foot spa, the largest in San Francisco, has been a tenant of the mall since 2006. Continue Reading Another Major Tenant to Depart Beleaguered San Francisco Centre Mall
CoStar Group Acquires Agricultural Land Data Firm
The financial aspects of the transaction were not disclosed. Continue Reading CoStar Group Acquires Agricultural Land Data Firm
Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job
Among the relocating workers, 56% attempted to secure a different job before moving, but most failed to secure a lucrative job offer. Continue Reading Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job
Crypto-Only Buyer Sought for $28 Million Manhattan Office Property
Okada & Co. acquired 111 West 24th Street in 2021 for $16 million. Continue Reading Crypto-Only Buyer Sought for $28 Million Manhattan Office Property
Real Estate Investment Firm Head Pleads Guilty to $62.8 Million Fraud Scheme
Elie Schwartz pleaded guilty to one count of wire fraud and faces a maximum penalty of 20 years in prison. Continue Reading Real Estate Investment Firm Head Pleads Guilty to $62.8 Million Fraud Scheme
Craft Retailer Jo-Ann Plans to Close 500 Stores
The company blamed rising inflation and the disruptions created by the Covid-19 pandemic for its current financial difficulties. Continue Reading Craft Retailer Jo-Ann Plans to Close 500 Stores
DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Four FEMA employees who conducted the transaction, including Chief Financial Officer Mary Comans, have been fired by the DHS. Continue Reading DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
