Commercial Real Estate
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
Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
“I am extremely proud of the company that we have built at Sila Realty Trust,” stated Michael A. Seton, the company’s president and CEO. Continue Reading Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
Dolby Theatre, Longtime Venue for Academy Awards Show, is Sold
The venue has hosted the Academy Awards show since 2002. Continue Reading Dolby Theatre, Longtime Venue for Academy Awards Show, is Sold
Spirit Halloween to Test Christmas Season Pop-Up Stores
The company is planning to operate 10 Spirit Christmas stores in the Northeast. Continue Reading Spirit Halloween to Test Christmas Season Pop-Up Stores
True Value Files for Bankruptcy, Sells Business to Hardware Rival
Only one of the company’s 4,500 stores will be subject to closing. Continue Reading True Value Files for Bankruptcy, Sells Business to Hardware Rival
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
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