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Saks Fifth Avenue to Shut Down San Francisco Store

Saks Fifth Avenue to Shut Down San Francisco Store

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

Saks Fifth Avenue has become the latest major retailer to announce its departure from San Francisco’s Union Square after nearly 45 years at the location. According to combined media reports, the retailer’s five-floor store will close on May 10, less than a year after...
New Data Center Alliance Aims to Develop Zero-Emission Facilities

New Data Center Alliance Aims to Develop Zero-Emission Facilities

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

A quartet of data center industry companies have partnered to launch the Net Zero Data Center Alliance, a collaboration focused on the development and creation of zero-emission facilities with integrated bio-farm technology and sustainable construction solutions. The...
Dynamic City Capital Expands into Luxury Spa Resort Market

Dynamic City Capital Expands into Luxury Spa Resort Market

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

Dynamic City Capital (DCC), a Utah-based real estate investment firm specializing in premium-branded hotels, has acquired The Wilde Resort and Spa in Sedona, Arizona. The acquisition marks DCC’s expansion into the luxury spa resort market. The property features...
Milbank LLP Adds New Partner in Real Estate Group

Milbank LLP Adds New Partner in Real Estate Group

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

The law firm Milbank LLP announced the recruitment of Alex Meirowitz as a partner in its Real Estate Group. Based in the firm’s New York City office, Meirowitz represents clients in commercial real estate transactions, focusing on both debt and equity representations....
Faropoint Acquires Second California Industrial Property

Faropoint Acquires Second California Industrial Property

by Phil Hall | Apr 21, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Hoboken, New Jersey-based Faropoint, a real estate investment manager specializing in last-mile industrial properties, announced the acquisition of a four-building, multi-tenant industrial portfolio in Ontario, California. Built in 2006 by Panattoni Development, the...
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