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Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million

Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million

by Phil Hall | May 20, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Tempus Realty Partners, an Arkansas-based real estate investment partnership, has acquired a Class A+ office and retail property in Pittsburgh’s Strip District for $43.75 million. Originally constructed as a warehouse, the property covers 94,580 square feet of...
Scott Felder Homes Acquires Olivia Clarke Homes

Scott Felder Homes Acquires Olivia Clarke Homes

by Phil Hall | May 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Scott Felder Homes, a homebuilder with operations in Austin, San Antonio and Denver, has acquired Olivia Clarke Homes, a homebuilder based in the Dallas-Fort Worth Metroplex. According to the companies, the acquisition by Scott Felder Homes will expand its geographic...
Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion

Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion

by Phil Hall | May 15, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The sports retail submarket is experiencing a major shift as Dick’s Sporting Goods Inc. (NYSE: DKS) announced its $2.4 billion acquisition of Foot Locker Inc. (NYSE: FL). Dick’s expects to operate Foot Locker as a standalone business unit within its portfolio and...
Mortgage Lender Lower Acquires Real Estate Portal Movoto

Mortgage Lender Lower Acquires Real Estate Portal Movoto

by Phil Hall | May 13, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The mortgage lender Lower announced its acquisition of the real estate portal Movoto for an undisclosed sum. The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. The company was part of the Ojo Labs family of...
PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio

PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio

by Phil Hall | May 13, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Montreal-headquartered PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has acquired a six-asset portfolio of Winnipeg industrial properties for $96.5 million from Parkit Enterprise Inc. (TSX.V: PKT). The portfolio encompasses 678,177 square feet of gross...
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