Commercial Real Estate
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
The property totals approximately 53,000 square feet and is 100% leased to a single tenant. Continue Reading JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
The company expects to create 200 jobs with the new store. Continue Reading T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
CBRE is now projecting a 1.2% increase in revenue per available room growth for 2024. Continue Reading CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
Trump Organization Plans Residential and Retail Project for Florida Golf Resort
The new project, which would carry the Trump brand, is budgeted at costing between $2.5 billion and $3 billion. Continue Reading Trump Organization Plans Residential and Retail Project for Florida Golf Resort
UBS to Close Real Estate Fund Focused on Office Market
The market value of the fund’s assets decreased 12% during the first half of the year. Continue Reading UBS to Close Real Estate Fund Focused on Office Market
Senior Living Provider LCS Announces Leadership Changes
Chris Bird, LCS’ president and chief operating officer, will succeed Joel Nelson as CEO. Continue Reading Senior Living Provider LCS Announces Leadership Changes
Chicago Mixed-Use Building Bought in 2016 for $140 Million Sells for $47 Million
North American Real Estate acquired the 85,000-square-foot retail and office building from Brookfield Properties. Continue Reading Chicago Mixed-Use Building Bought in 2016 for $140 Million Sells for $47 Million
Dalfen Industrial Sells Warehouse to the State of Florida
The 423,000-square-foot warehouse has direct access to a full diamond interchange with I-4 and Hwy 559. Continue Reading Dalfen Industrial Sells Warehouse to the State of Florida
Cohen Realty Enterprises Foreclosure Auction to Include 2 Cinema Chains
Fortress Credit Corp. sued Cohen earlier this year for defaulting on a large loan backed by its properties. Continue Reading Cohen Realty Enterprises Foreclosure Auction to Include 2 Cinema Chains
Blink Fitness, with 101 Gyms in 7 States, Files for Bankruptcy
The company is owned by the luxury fitness group Equinox Holdings. Continue Reading Blink Fitness, with 101 Gyms in 7 States, Files for Bankruptcy
Glasshouse Realty Group Recruits Tom Kretz to Build Commercial Division
Kretz comes to Glasshouse after finalizing the sale of his co-ownership stake in Irongate Inc. Realtors. Continue Reading Glasshouse Realty Group Recruits Tom Kretz to Build Commercial Division
