COMMERCIAL REAL ESTATE HEADLINE NEWS

 
 

CRE Headline News

CoStar

  • Starwood Launches New Hotel Brand as Supply Ramps Up in Extended Stay Segment
    Barry Sternlicht’s Starwood Capital Group this week launched Uptown Suites, an upscale take on Starwood's InTown Suites extended-stay brand. The firm will open its first property in Concord, NC, with plans to open 10 more properties by 2019.Sta…
    - 2 days ago 25 Apr 17, 10:40am -
  • RLJ Lodging and FelCor Merging in $1.2 Billion Deal
    FelCor Lodging Trust Inc. (NYSE:FCH) has agreed to merge with and become a wholly-owned subsidiary of RLJ Lodging Trust (NYSE:RLJ) in an all-stock transaction.Under the deal, each FelCor share will be converted into 0.362 shares of newly issued s…
    - 2 days ago 24 Apr 17, 12:34pm -
  • Sears Holdings Negotiating $700 Million in Property Sales
    Sears Holdings Corp. (NASDAQ: SHLD) expanded its previously announced plans to close 150 stores this year by adding another 50 locations to its store-closing list, and is now turning its attention to selling another $700 million in properties."Ea…
    - 3 days ago 24 Apr 17, 2:10am -
  • bebe Hires Firms to Liquidate Stock, Close Stores
    Women’s fashion retailer bebe stores inc. (Nasdaq: BEBE) has hired Great American Group LLC, an affiliate of B. Riley & Co., the company’s financial advisor, and Tiger Capital Group LLC to sell the merchandise and inventory at all of its 134 ret…
    - 3 days ago 24 Apr 17, 1:28am -
  • Office Lease Up (April 24) Caterpillar Bucks Trend, Selects Suburbs for HQ Location Over Downtown Chicago
    Heavy equipment manufacturer Caterpillar Inc. (NYSE: CAT) announced Wednesday it will relocate to Chicago's suburbs, opting to move its global headquarters to the northern Chicago suburb of Deerfield over several downtown options after more than 90 y…
    - 3 days ago 24 Apr 17, 1:00am -
  • Survey: Investor Concerns Over Policy Uncertainty, Gridlock Temper Bullish CRE Outlook
    Major steps announced Friday by President Donald Trump to roll back Dodd-Frank regulations and unveil a "massive" tax reform package next week were welcomed by a majority of CRE investors and lenders, with nearly two-thirds of the executives surveyed…
    - 6 days ago 21 Apr 17, 8:02am -
  • CoStar's People of Note (Apr. 21)
    It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Philadelphia, South Florida, Houston, Atlanta, Dallas / Ft. Worth,…
    - 6 days ago 21 Apr 17, 5:48am -

National RE Investor

Wall Street Journal

  • New Jersey Office Market Slump Worsens
    New Jersey office leasing for the first quarter hit a multiyear low, as tenants avoid dated corporate campuses and demand proximity to transit and urban amenities.
    - 3 days ago 23 Apr 17, 10:55pm -
  • Israel's Gazit-Globe Sets Sights on New York
    Global retail landlord Gazit-Globe is planning to open a private U.S. subsidiary to invest in real estate in New York and other major metropolitan areas, the company said.
    - 3 days ago 23 Apr 17, 4:39pm -
  • Office Market Swings in Tenants' Favor
    The seven-year expansion in the U.S. office market slowed in many big cities in the first quarter.
    - 7 days ago 19 Apr 17, 11:53am -
  • New Shopping Centers, More Than the Web, Kill Old Malls
    Internet retailing is eating into mall revenue, but competition from newer shopping centers was the most common cause of death for malls over the past decade, according to a recent study.
    - 8 days ago 19 Apr 17, 4:21am -
  • Malls Deploy Technology to Lure---and Keep---Shoppers
    Mall landlords faced with declining sales and disappearing stores are deploying smartphones, social media and other technology to lure customers—and then keep them spending.
    - 8 days ago 19 Apr 17, 4:21am -
  • Nashville Mall Turns to Madame Tussauds to Draw Crowds
    Simon Property Group is hosting the nation’s first Madame Tussauds in a shopping mall, part of the retail landlord’s push to offer customers new experiences that go well beyond shopping.
    - 8 days ago 18 Apr 17, 9:20pm -
  • Two More Retail Tenants Sign Onto Fort Lee's Hudson Lights Complex
    Developers of a mixed-use project at the base of the George Washington Bridge in New Jersey have added two retailers to the roster of tenants, filling more than 80% of its shopping complex
    - 10 days ago 17 Apr 17, 12:26am -

BizJournals

  • newPopular sushi restaurant opening at Kakaako condominium
    The popular KuruKuru Sushi restaurant, which has locations in Aiea in Central Oahu and in Kahala in East Oahu, is expanding to the growing Honolulu neighborhood of Kakaako, Pacific Business News has learned.The kaiten-style sushi restaurant that se…
    - 33 mins ago 26 Apr 17, 10:58pm -
  • newFortune 1000 company set to relocate HQ from Memphis
    Memphis is set to lose a Fortune 1000 company to Collierville.Mueller Industries, currently headquartered in Southwind, is planning to move its 120-person headquarters to a yet-to-be-constructed office building at Schilling Farms, according to Coll…
    - 1 hour ago 26 Apr 17, 10:28pm -
  • newInvestor buying land near Hawaii Convention Center primed for tower development
    An investor is buying a half-acre parcel on Kalakaua Avenue near the Hawaii Convention Center in Honolulu that could be developed into a high-rise condominium tower, Pacific Business News has learned.The seller, 1700 Kalakaua LLC, headed by Mark Bo…
    - 2 hours ago 26 Apr 17, 9:49pm -
  • newOpening soon: Elysian CEO and developer Greg Smith team up for Zócalo restaurant (photos)
    A new Mexican-themed restaurant called Zócalo is opening soon in Weyerhaeuser's Pioneer Square headquarters.Elysian Brewing Co. co-founder and CEO Joe Bisacca and Greg Smith, founder and CEO of real estate development company Urban Visions, are pu…
    - 2 hours ago 26 Apr 17, 9:49pm -
  • newWho's better at real estate development: Stanford or Cal?
    The deep-seated rivalry between Stanford University and the University of California, Berkeley goes beyond sports. Each year, a team from each school squares off in a different field: Real estate development.This year, two teams, each made up of fi…
    - 2 hours ago 26 Apr 17, 9:45pm -
  • newAbatement, land sale keep Columbus Park redevelopment rolling
    A Kansas City economic development agency cleared the way for the $10.4 million second phase of the roughly $70 million redevelopment of the Columbus Park neighborhood.The $19.5 million first phase, called CP Lofts, included 108 apartment units in…
    - 2 hours ago 26 Apr 17, 9:41pm -
  • newHead of local Cushman & Wakefield office is resigning
    The leader of the local Cushman & Wakefield office is resigning.Steve Gassaway, market leader at the Charlotte Cushman office, is leaving after serving six years in a leadership position, according to a Cushman & Wakefield spokesperson. The move is…
    - 2 hours ago 26 Apr 17, 9:16pm -

CRE News




 

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