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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, Current News & 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, Current News & 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...
Massachusetts CPA Pleads Guilty to Role in Commercial Lender Fraud

Massachusetts CPA Pleads Guilty to Role in Commercial Lender Fraud

by Phil Hall | Jun 19, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A Massachusetts-based certified public accountant (CPA) pleaded guilty in federal court to defrauding commercial lenders by providing false and fraudulent rent rolls and forged lease agreements for multiple properties. According to the charges brought against her,...
New Orleans’ Historic Carver Theatre to be Sold at Auction

New Orleans’ Historic Carver Theatre to be Sold at Auction

by Phil Hall | Jun 19, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

SVN Auction Services (SVNAS) and its local affiliate, SVN Gilmore Auction & Realty, will conduct an online auction for the Carver Theatre, a historic venue in the Treme neighborhood of New Orleans. The Carver Theatre opened in 1950 and was named in honor after the...
Newmark Represents United Nations in Office Lease Transaction

Newmark Represents United Nations in Office Lease Transaction

by Phil Hall | Jun 19, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Newmark Group Inc. (NASDAQ: NMRK) announced it the United Nations (UN) in its long-term office lease renewal, expansion and workplace redesign at 2 United Nations Plaza, located across the street from the world body’s Manhattan headquarters. According to the company,...
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