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Robert Caliguri Joins Marcus & Millichap Capital Corporation as Managing Director

Robert Caliguri Joins Marcus & Millichap Capital Corporation as Managing Director

by Phil Hall | Apr 10, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap (NYSE: MMI), announced the hiring of industry veteran Robert Caliguri in its Manhattan office as a managing director of capital markets. Caliguri joins MMCC from JP Morgan Chase,...
MOD Pizza Denies California Restaurant Closings Were Tied to Minimum Wage Hike

MOD Pizza Denies California Restaurant Closings Were Tied to Minimum Wage Hike

by Phil Hall | Apr 9, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The MOD Pizza chain is denying reports that it shut down five of its California eateries because the state raised the minimum wage to $20 an hour. According to a report by the pizza industry news site PMQ.com, MOD Pizza closed 26 locations over the past few weeks – in...
San Francisco Proposal Would Require a Six-Month Notice Before Grocery Stores Can Close

San Francisco Proposal Would Require a Six-Month Notice Before Grocery Stores Can Close

by Phil Hall | Apr 8, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The San Francisco city government is considering an ordinance that would force grocery stores to give six months’ notice before closing while searching for a replacement to take over their real estate while hosting community meetings to offer updates on their...
Cushman & Wakefield Names Jessica Francisco at Chief Sustainability Officer

Cushman & Wakefield Names Jessica Francisco at Chief Sustainability Officer

by Phil Hall | Apr 5, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE: CWK) has appointed Jessica Francisco as the company’s first chief sustainability officer. Francisco joined Cushman & Wakefield in 2022 as the global head of sustainability for the firm’s occupier services business. In her new role,...
Discount Retailer 99 Cents Only Stores to Close All 371 Locations

Discount Retailer 99 Cents Only Stores to Close All 371 Locations

by Phil Hall | Apr 5, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The discount retailer 99 Cents Only Stores LLC announced it is closing its chain of 371 stores and winding down its business operations. The City of Commerce, California-headquartered company entered into an agreement with Hilco Global to liquidate the company’s...
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