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Report: Trump Considers Selling Two-Thirds of Federal Office Properties

Report: Trump Considers Selling Two-Thirds of Federal Office Properties

by Phil Hall | Jan 21, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The newly inaugurated Trump administration is reportedly mulling the sale of two-thirds of the federal government’s office properties to the private sector. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the transition operations,”...
Developers Propose Building Tallest-Ever American Skyscraper in NYC

Developers Propose Building Tallest-Ever American Skyscraper in NYC

by Phil Hall | Jan 17, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The real estate developers TF CornerStone and RXR are teaming on a proposed New York City mixed-use property that could become the tallest and most expensive skyscraper ever constructed in the country. Business Insider reports the project, dubbed 175 Park Avenue,...
Seafood Restaurant Chain Captain D’s Expanding to the UK Market

Seafood Restaurant Chain Captain D’s Expanding to the UK Market

by Phil Hall | Jan 17, 2025 | Commercial Real Estate News, International Real Estate News, Real Estate News, WRE News Exclusive

The Nashville-headquartered fast-casual seafood restaurant chain Captain D’s is expanding across the Atlantic Ocean with a 20-unit multi-unit franchise agreement for the UK market, with the first restaurant scheduled for the London area later this year. This...
Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City

Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City

by Phil Hall | Jan 16, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The City of Cleveland has filed a lawsuit to stop its NFL team from moving out when the lease on its lakefront stadium expires in 2028. The Associated Press reports Jimmy and Dee Haslam, the owners of the Cleveland Browns, plan to build a $2.4 billion stadium and...
Leases for Big Lots Stores Offered for Sale

Leases for Big Lots Stores Offered for Sale

by Phil Hall | Jan 14, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The retail focused investment firm Gordon Brothers announced that it is now offering Big Lots leases for sale. According to the company, the new-to-market stores are primarily located in shopping centers across 47 states and range in size from approximately 19,000 to...
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