Commercial Real Estate
Retail Rent Growth Slowed During Q1
Minneapolis posted the strongest year-over-year rent gains nationally, at 6.9%. Continue Reading Retail Rent Growth Slowed During Q1
Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
“Should this commitment ultimately not be achievable, we would have no choice but to evaluate alternatives,” said Rays CEO Ken Babby. Continue Reading Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
Seafood Restaurant Chain Captain D’s Expanding to the UK Market
Captain D’s was founded in 1969 and operates more than 530 restaurants in 23 states. Continue Reading Seafood Restaurant Chain Captain D’s Expanding to the UK Market
Biden Signs Executive Order on Creating New AI Data Centers
The Executive Order required developers adhere to “high labor standards, promoting positive labor-management relations, and paying workers prevailing wages.” Continue Reading Biden Signs Executive Order on Creating New AI Data Centers
Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
The Browns did not publicly comment on the lawsuit. Continue Reading Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
Leases for Big Lots Stores Offered for Sale
Offers for location purchases are due by Jan. 24. Continue Reading Leases for Big Lots Stores Offered for Sale
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
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