Commercial Real Estate
Maryland to See Average Increase of 12.7% on Property Tax Assessments
All 23 counties and Baltimore City will see increases in property values. Continue Reading Maryland to See Average Increase of 12.7% on Property Tax Assessments
International Hot Rod Association Acquires North Carolina’s Rockingham Speedway
The purchase price was not disclosed. Continue Reading International Hot Rod Association Acquires North Carolina’s Rockingham Speedway
Walgreens to Close 1,200 Stores by 2027
Approximately 500 closures planned for Fiscal Year 2025. Continue Reading Walgreens to Close 1,200 Stores by 2027
Discount Retailer Dirt Cheap Files for Bankruptcy, Announces Store Closings
The retailer’s website said the brand is “the largest buyer of insurance claims in the United States.” Continue Reading Discount Retailer Dirt Cheap Files for Bankruptcy, Announces Store Closings
7-Eleven to Close 444 Stores Across North America
The company did not provide details on which stores it would close and which would be sold and then leased. Continue Reading 7-Eleven to Close 444 Stores Across North America
Chase Properties Acquires Retail Plazas in Upstate New York and Virginia
“Creekside Plaza and Waynesboro Town Center have strong tenant rosters with a proven history of robust sales performance,” said Co-CEO Andrew Kline. Continue Reading Chase Properties Acquires Retail Plazas in Upstate New York and Virginia
15-Story Oakland Office Tower and Garage Sells at a Loss
The properties last changed hands in 2019 for $175 million. Continue Reading 15-Story Oakland Office Tower and Garage Sells at a Loss
Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor
This is the fifth criminal investigation involving the mayors and his allies. Continue Reading Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor
FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches
Marriott also agreed to pay a $52 million penalty to 49 states and the District of Columbia to resolve similar data security allegations. Continue Reading FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches
Las Vegas’ Iconic Tropicana Hotel is Demolished
The hotel was featured in the 1971 James Bond film “Diamonds Are Forever.” Continue Reading Las Vegas’ Iconic Tropicana Hotel is Demolished
Analysts Forecast Hurricane Milton Could Damage Disney’s Earnings
Disney World is still open and operational ahead of the hurricane. Continue Reading Analysts Forecast Hurricane Milton Could Damage Disney’s Earnings
Los Angeles Commercial Real Estate Agent Indicted on Tax Evasion
Gabriel Guerrero faces a maximum penalty of five years in prison for tax evasion and three years in prison for obstructing the IRS. Continue Reading Los Angeles Commercial Real Estate Agent Indicted on Tax Evasion
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