Commercial Real Estate
New Forecast Points to Declining Vacancy Rate for Industrial Real Estate
The national industrial real estate vacancy rate remained in the mid-7% range entering the second quarter and is expected to edge higher into 2027 before rolling into a gradual decline, according to a revised forecast from CoStar Group. Under the revised forecast,...
Pepperlot Launches Online Marketplace for Restaurant Real Estate
The platform is open to brokers, agents, landlords, tenant representatives, and restaurant operators across the US. Continue Reading Pepperlot Launches Online Marketplace for Restaurant Real Estate
Hits and Misses for the Real Estate Week of Nov. 18-22
This week’s Hits and Misses covers the intersection of real estate and politics in Washington, Ottawa, Sacramento and Animal Crossing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 18-22
Sky Real Estate Acquires Missouri Shopping Center from Simon Property Group
The 391,000-square-foot shopping center is located on a 60-acre parcel along Osage Beach Parkway. Continue Reading Sky Real Estate Acquires Missouri Shopping Center from Simon Property Group
Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
The initiative includes $340 million in loans for qualified small businesses, residential mortgages, and commercial real estate. Continue Reading Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
City Reverses Offer to Help Rebuild Tampa Bay Rays’ Hurricane-Damaged Stadium
The city’s contract with the team makes it legally obligated to provide financial aid to repair the roof. Continue Reading City Reverses Offer to Help Rebuild Tampa Bay Rays’ Hurricane-Damaged Stadium
Elon Musk’s Government Efficiency Initiative Takes Aim at Empty Office Surplus
President-elect Donald Trump tasked Musk to drive DOGE to identify wasteful spending within the federal government. Continue Reading Elon Musk’s Government Efficiency Initiative Takes Aim at Empty Office Surplus
VanWest Partners Acquires Three Self-Storage Properties
All three facilities will be operated by ClearHome Self Storage, VanWest’s vertically integrated management platform. Continue Reading VanWest Partners Acquires Three Self-Storage Properties
Tampa Bay Rays Warn They May Never Move Into New Stadium
“The Rays organization is saddened and stunned by this unfortunate turn of events” said the team’s co-presidents Brian Auld and Matt Silverman Continue Reading Tampa Bay Rays Warn They May Never Move Into New Stadium
NYC Office Building Sells for $255 Million
The 12-story, 176,588-square-foot property opened in 2022. Continue Reading NYC Office Building Sells for $255 Million
Connecticut Medical Building Sells for $19.1 Million
Built in 1981, the property is 100% leased to three medical tenants. Continue Reading Connecticut Medical Building Sells for $19.1 Million
Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
LandBridge was formed in 2021 by Five Point Energy LLC, a private equity firm. Continue Reading Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
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