PNC Bank, a member of The PNC Financial Services Group Inc. (NYSE: PNC), announced a $500 million increase to its branch investment with the goal of opening more than 100 additional new branches and renovating 200 more existing locations across the country. According...
Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction valued at...
Dora’s Naturals, a distributor of natural and organic perishable products, has acquired a 70,680-square-foot industrial property in Moonachie, New Jersey, from KBC Advisors for $20.9 million. Built in 1985 on a 3.47-acre parcel, the property is accessible to Routes...
Chinese third-party logistics providers and e-commerce companies were responsible for 20% of net new warehouse leasing in the US during the third quarter. According to Wall Street Journal coverage culled from Prologis data, many of these companies are leasing space in...
Dallas-headquartered TGI Fridays has become the latest restaurant chain to face acute financial problems, with a Chapter 11 bankruptcy protection filing on Saturday designed to “ensure the long-term viability” of the casual dining brand. The Associated Press reports...
Rent Discounts Spread to 43.5% of Listings as Apartment Owners Fight for Te…
