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Amazon Acquires 23-Story Manhattan Office Property

Amazon Acquires 23-Story Manhattan Office Property

by Phil Hall | May 5, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Amazon Inc. (NASDAQ: AMZN) has expanded its New York City real estate portfolio by acquiring a 23-story Manhattan office building. According to combined media reports, the 600,000-square-foot property at the corner of Fifth Avenue and 44th Street was constructed in...
Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann

Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann

by Phil Hall | May 5, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The retailer Burlington Stores Inc. (NYSE: BURL) has signed a deal to take over the leases of 45 store locations that formerly housed the bankrupt craft company Jo-Ann. Burlington’s acquisition follows an expansion strategy by the company that saw the opening of 101...
T-Max Lending Moves HQ from San Diego to Sacramento

T-Max Lending Moves HQ from San Diego to Sacramento

by Phil Hall | May 2, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

T-Max Lending LLC, a provider or residential and commercial loan products, has relocated its corporate headquarters from San Diego to Sacramento. In a statement, the company said the relocation places it “at the heart of California’s government and financial...
Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property

Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property

by Phil Hall | May 2, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Six Flags Entertainment Corporation (NYSE: FUN) is closing its Six Flags America and Hurricane Harbor amusement park in Bowie, Maryland, after the 2025 operating season. Promoted as “DC’s Thrill Capital,” the property will be sold for redevelopment as part of Six...
Kohl’s Fires CEO Over ‘Undisclosed Conflicts of Interest’

Kohl’s Fires CEO Over ‘Undisclosed Conflicts of Interest’

by Phil Hall | May 1, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The retailer Kohl’s Corporation (NYSE: KSS) announced that its board of directors terminated the employment of Ashley Buchanan as CEO. In a statement, Kohl’s declared that Buchanan “violated company policies by directing the company to engage in vendor transactions...
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