CRE Headline News


  • Group Pays $275 Million for GTA Waterfront Site
    Courtesy: JLL.A consortium of developers is paying approximately $275 million to the province of Ontario for a track of land on the Greater Toronto Area's waterfront that is expected to generate up to 8,000 new housing units and create six new neighb…
    - 1 day ago 21 Mar 18, 3:58am -
  • Mercedes-Benz Picks Atlanta for Global Innovation Hub
    Pictured: Mercedes-Benz USA's new headquarters in Sandy Springs, GA.Courtesy: Business Wire.With the headquarters of Porsche North America on the southside, Groupe PSA in the city and, now, Mercedes-Benz USA officially open north of At
    - 2 days ago 20 Mar 18, 5:43am -
  • Institutional Capital, New Development Driving MOB Investment
    The St. Vincent Carmel Women's Center in Indiana is part of a $2.7 billion portfolio acquired by Heitman from Duke Realty last year. Heitman's recent purchase of 17 medical office buildings totaling 1.4 million square feet in seven states, one of t…
    - 3 days ago 19 Mar 18, 12:43pm -
  • Wells Fargo to Relocate 1,000-plus to South Minneapolis Campus
    Wells Fargo is going to move 1,250 of its workers to its sprawling Home Mortgage Minneapolis campus, which was previously Honeywell Inc.’s corporate headquarters. The relocation would bring the campus’ total headcount to 5,000, about 45 perce…
    - 3 days ago 19 Mar 18, 7:06am -
  • Re/Max World HQ Building Sells for $115 Million
    In the biggest office sale so far in 2018, the property that houses Re/Max LLC’s global headquarters has traded for $115 million, according to Denver County public records.Equity Commonwealth, a real estate investment trust that is part of Sam…
    - 3 days ago 19 Mar 18, 6:36am -
  • Starlight Taps Mitchell for New Vehicle
    Starlight Investments has tapped Bay Street veteran Dennis Mitchell to head up its newly formed real estate securities investment platform, Starlight Capital. Toronto-based Starlight, which manages $8 billion of multi-residential and commercial p…
    - 3 days ago 19 Mar 18, 2:05am -
  • Specialty Retailer Claire's Files for Chapter 11
    Claire's Stores Inc. this morning filed to pursue a Chapter 11 bankruptcy financial restructuring in order to eliminate a substantial portion of its $1.9 billion in debt outstanding.The filing follows its decision last week to defer a debt paymen…
    - 4 days ago 19 Mar 18, 1:08am -

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