Commercial Real Estate
Hits and Misses for the Real Estate Week of March 23-27
Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series help seniors consider housing options. Continue Reading Hits and Misses for the Real Estate Week of March 23-27
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
Construction Begins on Kentucky’s First Quarter Horse Racetrack
The new Sandy Ridge racetrack is being built on 182 acres behind Sandy’s Gaming. Continue Reading Construction Begins on Kentucky’s First Quarter Horse Racetrack
Two Alabama Tribes in Fight Over Casino Built on Sacred Site
The Poarch Band is countering that the Muscogee Nation is trying to dictate how the tribe uses its land. Continue Reading Two Alabama Tribes in Fight Over Casino Built on Sacred Site
Vanderbilt University Leases 2.2-Acre Campus in Manhattan
The Wall Street Journal reported the property is valued at more than $100 million. Continue Reading Vanderbilt University Leases 2.2-Acre Campus in Manhattan
New VP of Acquisitions at First National Realty Partners
Prior to FNRP, Brackenridge served as managing director of investments at Newport Capital Partners. Continue Reading New VP of Acquisitions at First National Realty Partners
Alexander & Baldwin Acquires Oahu Industrial Property
The 81,500-square-foot food distribution facility is fully leased to Hansen Distribution Group. Continue Reading Alexander & Baldwin Acquires Oahu Industrial Property
America’s Last Full-Size Kmart Store to Close
Kmart-branded stores still operate in Guam and the US Virgin Islands. Continue Reading America’s Last Full-Size Kmart Store to Close
Work Begins on First Mixed-Use Complex Featuring Costco and Apartments
Thrive Living first announced the project in January 2013. Continue Reading Work Begins on First Mixed-Use Complex Featuring Costco and Apartments
Tempur Sealy to Sell 176 Stores to Win FTC Approval for Mattress Firm Acquisition
f the acquisition goes through, Tempur Sealy expects to operate over 2,800 retail locations worldwide. Continue Reading Tempur Sealy to Sell 176 Stores to Win FTC Approval for Mattress Firm Acquisition
New Jersey Town Seeks to Buy College Campus in Property Ownership Dispute
The town appropriated $50 million for the purchase. Continue Reading New Jersey Town Seeks to Buy College Campus in Property Ownership Dispute
Elon Musk’s SpaceX Sued for Trespassing on Neighboring Texas Property
The lawsuit added that Musk offered to buy the property with “a lowball offer for less than half our land’s value.” Continue Reading Elon Musk’s SpaceX Sued for Trespassing on Neighboring Texas Property
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