COMMERCIAL REAL ESTATE HEADLINE NEWS

 
 

CRE Headline News

CoStar

  • Apple to Open Another Corporate Campus, Pledges to Create 20,000 US Jobs
    Apple unveiled its new visitor center in Cupertino near Apple Park last November. Credit: Apple Inc.Just a few months after opening its 2.8 million-square-foot circular headquarters campus in Cupertino, CA, Apple Inc. today announced plans to buil…
    - 1 day ago 17 Jan 18, 6:38am -
  • Kansas City Realtor Assn. Selects CoStar as CRE Data Provider
    The Kansas City Regional Association of Realtors (KCRAR) and CoStar issued a joint statement today announcing that CoStar will become the real estate organization’s exclusive data, analytics and marketing provider for its commercial real estate div…
    - 1 day ago 17 Jan 18, 2:38am -
  • Updated: MGM Growth Properties Makes Play to Acquire VICI Properties
    Caesars Palace in Las VegasMGM Growth Properties LLC (NYSE: MGP) is making a play to combine two of the largest casino owners in the world.MGM sent a letter to the CEO and the chairman VICI Properties Inc. (OTCMKTS: VICI) proposing to acquire 100…
    - 1 day ago 17 Jan 18, 1:59am -
  • Related Makes Bid for CRE Lender Ladder Capital
    Justin Metz, president of Related Fund ManagementA subsidiary of New York developer and investor the Related Cos. made a cash bid this past weekend to acquire commercial real estate lender Ladder Capital Corp. (NYSE:LADR).Related Fund Management…
    - 2 days ago 16 Jan 18, 4:04am -
  • No Breaks for Tenants in Toronto
    Pictured: Michael Betsalel, senior vice president of JLL Capital Markets.Multifamily units are selling for close to $200,000 in Toronto, but even at that price a new report from JLL says they are still trading well below replacement cost, and with li…
    - 3 days ago 15 Jan 18, 10:07am -
  • Proposal to Ban Dual Agency Turned Back in California
    California State Capitol. Credit: California State Assembly Sergeant-At-Arms.Legislation introduced in California intended to prohibit CRE brokers from acting in a 'dual agent' capacity and represent both sides of the same commercial property transa…
    - 7 days ago 11 Jan 18, 11:29am -
  • Sam's Club Abruptly Closes 63 Stores
    Sam's Club, a division of Wal-Mart Stores Inc. (NYSE:WMT), abruptly posted closure notices on 63 of its stores across the country yesterday.The closings impact about 10% of its fleet of 660 clubs and are expected to affect about 10,000 employees,…
    - 7 days ago 11 Jan 18, 10:15am -

National RE Investor

Wall Street Journal

  • NYC Council Stops Midtown Tower Construction
    Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,.
    - 46 days ago 3 Dec 17, 6:23pm -
  • Malls Never Wanted Gyms. Now They Court Them
    Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they’re giving health clubs some of their best real estate.
    - 52 days ago 27 Nov 17, 7:03pm -
  • New Jersey Office Rents Near Records
    Asking rents for New Jersey office space are nearing records as landlords undertake extensive renovations and fill older properties with top-notch amenities.
    - 52 days ago 26 Nov 17, 11:21pm -
  • Brookfield Property Makes $14.8 Billion Offer to Acquire Rest of GGP
    Brookfield Property Partners LP has made a $14.8 billion offer to acquire the shares of mall owner GGP Inc. that it doesn’t already own, according to people familiar with the matter.
    - 66 days ago 13 Nov 17, 11:27am -
  • 'Little India' Thrives in Central New Jersey
    Oak Tree Road, known as “Little India,” has been transformed from a rundown and desolate area to a booming ethnic business district that attracts South Asian customers from Maine to Maryland.
    - 26 Sep 17, 2:58am -
  • NYC's Pearl River Mart Will Expand to Chelsea Market
    Pearl River Mart, once a casualty of skyrocketing retail rents, is planning to open another 3,500 square-foot store at Chelsea Market in Manhattan.
    - 13 Sep 17, 4:31am -
  • Chocolate Giant Ferrero to Look for Innovation at Cornell Tech
    Ferrero, Italian manufacturer of sweets and chocolates, is setting up an innovation outpost at Cornell University’s technology campus on Roosevelt Island in New York City.
    - 30 Aug 17, 3:31am -

BizJournals

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