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Cilantro Taco Grill to Open 110 Units Across Four States

Cilantro Taco Grill to Open 110 Units Across Four States

by Phil Hall | Jul 16, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Commercial real estate brokers representing restaurant clients might be interested to learn that Cilantro Taco Grill, the Mexican fast-casual chain, has signed agreements with six different franchise groups and an area rep agreement to open 110 units across...
Elon Musk Seeks to Sublease X’s San Francisco Headquarters

Elon Musk Seeks to Sublease X’s San Francisco Headquarters

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Elon Musk is looking to sublease the 800,000-square-foot San Francisco headquarters for his social media platform X (formerly known as Twitter). The San Francisco Chronicle reported that JLL (NYSE:JLL) was contracted to market roughly 460,000 square feet of X’s office...
Macy’s Ends Acquisition Talks with Activist Investor Groups

Macy’s Ends Acquisition Talks with Activist Investor Groups

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Macy’s Inc. (NYSE: M) announced it has ended acquisition discussions with the activist investors Arkhouse Management Co. LP and Brigade Capital Management LP, citing a failure by the would-be suitors to offer “an actionable proposal with certainty of financing at a...
KKR Acquires Houston Industrial Logistics Park for $234 Million

KKR Acquires Houston Industrial Logistics Park for $234 Million

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The global investment firm KKR (NYSE:KKR) has acquired Park 8Ninety, a 12-building industrial logistics park in Houston, from Artis Real Estate Investment Trust (OTCMKTS: ARESF) for approximately $234 million. The acquired property is a 1.8 million-square-foot master...
Finmarc Management Buys Maryland Shopping Center for $30 Million

Finmarc Management Buys Maryland Shopping Center for $30 Million

by Phil Hall | Jul 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Finmarc Management Inc., a commercial real estate investment and management firm headquartered in Bethesda, Maryland, has acquired Riverview Plaza, a 185,275-square-foot shopping center in Frederick, Maryland, for $30 million. Riverview Plaza opened in 1998 and is...
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