Commercial Real Estate
Churchill Downs Considering the Sale of 9 Gaming Properties
The company’s flagship racing properties – including Churchill Downs Racetrack, the home of the Kentucky Derby – are not being considered for sale. Continue Reading Churchill Downs Considering the Sale of 9 Gaming Properties
Work Halted on Another NYC Office-to-Residential Conversion Project
SL Green has scheduled its project to be completed in 2029. Continue Reading Work Halted on Another NYC Office-to-Residential Conversion Project
Feds Sell Trump’s Former DC Hotel for $80 Million
The property was originally the Post Office Building, which opened in 1899. Continue Reading Feds Sell Trump’s Former DC Hotel for $80 Million
CRE Finance Council Names Toby Cobb as Chairman of Executive Committee
Cobb succeeds outgoing Chairman Leland F. Bunch III. Continue Reading CRE Finance Council Names Toby Cobb as Chairman of Executive Committee
Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas
“SpaceX will still be paying an annual amount that increases tax revenue for Grimes County by ~25% and will be by far the biggest source of revenue for the county,” said Musk. Continue Reading Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas
Hits and Misses for the Real Estate Week of June 1-5
Bill Pulte gets a new job, a social media-savvy realtor helps a Texas mayor, and a new video on the data center sector racks up hits on YouTube. Continue Reading Hits and Misses for the Real Estate Week of June 1-5
Chicago Bears Vote to Advance New Stadium in Indiana
The team is looking to move to Hammond, an Indiana city that is a 20-minute drive from Chicago. Continue Reading Chicago Bears Vote to Advance New Stadium in Indiana
TPG-Led Investor Group Acquires ECHO Realty for $2 Billion
To date, Echo has acquired and developed more than 16 million square feet of neighborhood and regional centers. Continue Reading TPG-Led Investor Group Acquires ECHO Realty for $2 Billion
Terreno Realty Corp. Buys San Francisco Industrial Property for $26 Million
The 3.8-acre property is an industrial distribution building in the city’s India Basin section. Continue Reading Terreno Realty Corp. Buys San Francisco Industrial Property for $26 Million
Report: Bears Held Multiple Secret Talks About Keeping the Team in Chicago
“The Bears would pay 72-75% of a stadium that the people of Chicago would own,” said Mayor Brandon Johnson. Continue Reading Report: Bears Held Multiple Secret Talks About Keeping the Team in Chicago
Joint Venture Acquires 51-Property Light Industrial Portfolio for $1.81 Billion
The companies said this deal marks the largest light industrial transaction since 2022. Continue Reading Joint Venture Acquires 51-Property Light Industrial Portfolio for $1.81 Billion
June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack
The 108-acre property includes 1.12 million square feet of buildings and a grandstand and clubhouse encompassing nearly 365,000 square feet. Continue Reading June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack
