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Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions

Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions

by Phil Hall | Jun 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Apex Commercial Exchange (ACE) has launched its new platform for commercial real estate auctions. According to the New York City-based ACE, the new platform enables brokers and owners to build fully customized asset pages, securely host diligence materials, generate...
Former NFL Player Sentenced in Real Estate Embezzlement Scheme

Former NFL Player Sentenced in Real Estate Embezzlement Scheme

by Phil Hall | Jun 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Real estate developer and former NFL football player Chris Harrison was sentenced to six years in federal prison and three years of supervised for his coordination of a scheme that embezzled funds intended for the development and construction of two real estate...
Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

by Phil Hall | Jun 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Macerich Company (NYSE: MAC), a Santa Monica, California-based real estate investment trust, has acquired Crabtree Valley Mall, a Class A retail center totaling approximately 1.3 million square feet in Raleigh, North Carolina, for $290 million. The acquired...
Kroger to Close 60 Stores Over the Next 18 Months

Kroger to Close 60 Stores Over the Next 18 Months

by Phil Hall | Jun 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) announced plans to close 60 underperforming stores over the next 18 months. Kroger operates 2,730 stores in 35 states and the District of Columbia under multiple brands. In a call with financial analysts after the release the...
Joseph Canizaro, Prominent New Orleans Developer, Dies at 88

Joseph Canizaro, Prominent New Orleans Developer, Dies at 88

by Phil Hall | Jun 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Joseph Canizaro, one of New Orleans’ most prominent commercial real estate developers, passed away on Friday at the age of 88 after experiencing a series of strokes. Canizaro first gained industry attention when he developed the 276-foot Lykes Center in 1966 as the...
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