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Report: Developers Quietly Buying Up Land for Proposed Texas Baseball Stadium

Report: Developers Quietly Buying Up Land for Proposed Texas Baseball Stadium

by Phil Hall | May 31, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The real estate developers who are among the owners of the San Antonio Missions minor league baseball team have been quietly acquiring properties that can be combined into a new stadium for their team. According to a San Antonio Express-News report sourced from an...
Dollar Tree Acquires 170 Locations from Bankrupt 99 Cents Only Stores

Dollar Tree Acquires 170 Locations from Bankrupt 99 Cents Only Stores

by Phil Hall | May 31, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Dollar Tree Inc. (NASDAQ: DLTR) has acquired the designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. As part of the transaction, Dollar Tree also acquired the North American intellectual property of 99 Cents Only...
Stop & Shop Plans Supermarket Closings

Stop & Shop Plans Supermarket Closings

by Phil Hall | May 29, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The retail holding company Ahold Delhaize USA is planning to close an unspecified number of its Stop & Shop supermarkets. Supermarket News reported that CEO JJ Fleeman made the announcement during a recent investor strategy meeting. Fleeman did not say how many...
Glenn Decker Promoted to President at Tekmak Development Company

Glenn Decker Promoted to President at Tekmak Development Company

by Phil Hall | May 28, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Tekmak Development Company, a Dallas-based hospitality development company, has promoted Glenn Decker from vice president of operations to president. Decker succeeds Thomas Kirkland, who will remain as CEO. Prior to joining Tekmak in 2022, Decker spent six years in...
Lender Seizes Foreclosed San Jose Office Property

Lender Seizes Foreclosed San Jose Office Property

by Phil Hall | May 28, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Bay Area’s shaky real estate market received another blow as a vacant San Jose office property was foreclosed and seized by its lender. According to a Mercury News report, The Evergreen Advantage seized the 78,200-square-foot property at 5729 Fontanoso Way through...
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