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Sale Begins for Real Estate Assets from Bankrupt 99 Cents Only Stores

Sale Begins for Real Estate Assets from Bankrupt 99 Cents Only Stores

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

Hilco Real Estate LLC and Jefferies LLC are managing the sale of the 377 real estate assets that are part of the bankruptcy Chapter 11 filing of 99 Cents Only Stores LLC. The sale includes 44 owned and 333 leased properties across Arizona, California, Nevada and...
FloodFlash Debuts Flood Business Interruption Coverage

FloodFlash Debuts Flood Business Interruption Coverage

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

The insurtech FloodFlash has rolled out U.S. business interruption (BI) coverage ahead of this year’s hurricane season. According to the company, the new Flood BI coverage was created because many businesses and public entities are unable to get BI cover – the...
Amazon Leases 2 Million SF of California Industrial Space

Amazon Leases 2 Million SF of California Industrial Space

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

The e-commerce giant Amazon (NASDAQ:AMZN) has leased approximately 2 million square feet of industrial space across in two buildings in California. According to a Bisnow report sourced from Savills data. Amazon leased roughly 1 million square feet at a PGIM Real...
Apple Signs 42,000 SF Office Lease in Florida

Apple Signs 42,000 SF Office Lease in Florida

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

After searching for Miami-area office space for nearly three years, Apple Inc. (NASDAQ:AAPL) will soon open an office in Coral Gables. Bisnow reported the high-tech giant has signed a 42,000-square-foot lease in the north tower of the Plaza Coral Gables that...

420 Property Debuts Cannabis MLS

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

420 Property, the Sacramento-headquartered online marketplace for cannabis real estate and business listings, has launched Cannabis MLS (cannabismls.com), a multiple listing service designed to serve individuals and businesses involved in the U.S. cannabis industry....
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