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Dillard’s Buys Dallas-Area Mall for $34 Million

Dillard’s Buys Dallas-Area Mall for $34 Million

by Phil Hall | Aug 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Dillard’s (NYSE: DDS) department store chain has purchased the Dallas-area Longview Mall for $34 million, according to a Wall Street Journal report sourced from an unnamed “person familiar with the matter.” It is rare for chain store retailers to buy an entire...

Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California

by Phil Hall | Aug 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Beyond Inc. (NYSE:BYON), the Murray, Utah-based parent company of the Bed Bath & Beyond brand, announced that its return to brick-and-mortar retailing will not include California. Marcus Lemonis, executive chairman of Bed Bath & Beyond, issued an online...
Leadership Shake-Up at Target with New CEO

Leadership Shake-Up at Target with New CEO

by Phil Hall | Aug 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Target Corporation (NYSE: TGT), the Minneapolis-headquartered retailer with more than 2,000 stores, announced that CEO Brian Cornell will transition to executive chairman of the board of directors while Chief Operating Officer Michael Fiddelke will take on the CEO...
Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million

Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million

by Phil Hall | Aug 13, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Core Palmetto, an affiliate of Miami-based Core Investment Management, announced the sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida. Core acquired Palmetto Plaza in 2021 for $33 million. While the company did not state the sale...
Costco Teams With Trinity Energy for Off-Grid Energy System at Connecticut Store

Costco Teams With Trinity Energy for Off-Grid Energy System at Connecticut Store

by Phil Hall | Aug 12, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Costco Wholesale Corp. (NASDAQ: COST) has partnered with Trinity Energy, a provider of turn-key sustainable energy solutions, on deployment of a modular, off-grid electrified energy system at the Costco warehouse store in Norwalk, Connecticut. According to the...
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