Commercial Real Estate
Nashville Businesses Protest Rising Property Taxes
Mayor Freddie O’Connell explained that taxes are higher because local property valuations have increased. Continue Reading Nashville Businesses Protest Rising Property Taxes
St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays
St. Petersburg Mayor Ken Welch has no regrets that the Tampa Bay Rays withdrew their plans last year to build a stadium in his city. Indeed, he’s quite happy about it. Last March, the team discontinued its plans for a new $1.3 billion, 30,000-seat venue in St....
CBRE Acquires Co-Working Firm Industrious
CBRE previously invested in Industrious through an approximately 40% equity interest and a $100 million convertible note. Continue Reading CBRE Acquires Co-Working Firm Industrious
Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue
The new arena is slated for a 2031 opening. Continue Reading Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue
Structural Demolition Begins on RFK Stadium
RFK Stadium has fallen into disrepair and not been used since 2019 Continue Reading Structural Demolition Begins on RFK Stadium
Industrial Property Vacancy Rate Up in Q4
Quarterly new leasing activity totaled approximately 130 msf in the fourth quarter and was down 15.7% compared to one year ago. Continue Reading Industrial Property Vacancy Rate Up in Q4
Macy’s and Kohl’s Announce Store Closures
“Closing any store is never easy,” said Tony Spring, chairman and CEO of Macy’s Inc. Continue Reading Macy’s and Kohl’s Announce Store Closures
Kimco Realty Acquires Jacksonville Shopping Center for $108 Million
The Markets at Town Center was built in 2008 and is 97% occupied. Continue Reading Kimco Realty Acquires Jacksonville Shopping Center for $108 Million
Two Dubai Real Estate Developers Announce Plans Enter US Market
Dar Global and EDGNEX Data Centers by DAMAC have made their plans public. Continue Reading Two Dubai Real Estate Developers Announce Plans Enter US Market
Firm Named for Redevelopment of Historic Bronx Armory
The armory opened in 1917 and was used by the New York National Guard during the two World Wars. Continue Reading Firm Named for Redevelopment of Historic Bronx Armory
Ex-Quarterback Colt McCoy to Launch HPI’s New Fort Worth Office
After 14 years in the NFL, McCoy is starting a new career in real estate. Continue Reading Ex-Quarterback Colt McCoy to Launch HPI’s New Fort Worth Office
LaSalle Investment Management Acquires Arizona Industrial Complex
The complex is 92% leased to eight tenants. Continue Reading LaSalle Investment Management Acquires Arizona Industrial Complex
