A portfolio of four commercial properties in Connecticut were sold for $26.5 million. The properties, which are part of the Guilford Commons plaza located in the town of Guilford, include a 63,100-square-foot strip mall that sold for $13 million, a 48,700-square-foot...
The discount retailer Big Lots Inc. (NYSE: BIG) has filed for Chapter 11 bankruptcy and announced the sale of its assets and business operations to an affiliate of Nexus Capital Management LP. Under the terms of the Sale Agreement, Nexus will serve as the...
The New Jersey state government is seeking to lure the Philadelphia 76ers basketball team out of their hometown and into a proposed arena that would be center of a new mixed-use development in the city of Camden. According to ROI-NJ, the multibillion-dollar project...
Microsoft Corp. (NASDAQ: MSFT) is paying $330 million to purchase the Silicon Valley campus it has been leasing for the past five years. Tribune News Service reported the tech giant acquired the Mountain View property in an all-cash transaction. The real estate...
The retailer LL Flooring is shutting down its stores after failing to secure a buyer after it filed for bankruptcy last month. In an online statement, LL Flooring’s leadership announced that it “has been working hard to pursue a going-concern sale of the company and...
Report: FHFA Director Pulte Scrutinized Attorney General Todd Blanche’s Mor…
