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Despite Missed Sales Projections, Discount Retailer Five Below Will Open 180 New Stores This Year
News 3 days ago
Despite Missed Sales Projections, Discount Retailer Five Below Will Open 180 New Stores This Year

Five Below is going full speed ahead with its expansion plans, despite lackluster sales over the holidays. The Philadelphia-based retailer, which...

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The Internet Ate Its Lunch
News 3 days ago
The Internet Ate Its Lunch

High-end electronics retailer Bose Corp. is planning to close all of its retail locations in North America, Europe, Japan and Australia, a total of...

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Treasury Department Opens Probe Into Opportunity Zones
News 3 days ago
Treasury Department Opens Probe Into Opportunity Zones

The U. S. Department of the Treasury has opened an investigation into the federal government's opportunity zone program, the agency said late...

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Simon, Brookfield Partner With Allied Esports To Ramp Up Their Experiential Retail
News 4 days ago
Simon, Brookfield Partner With Allied Esports To Ramp Up Their Experiential Retail

Simon Property Group and Brookfield Property Partners have struck separate deals with Allied Esports Entertainment, an esports company, as part of...

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CVS To Renovate, Add HealthHUB Concept To 600 Stores In 2020
News 4 days ago
CVS To Renovate, Add HealthHUB Concept To 600 Stores In 2020

CVS Health is leaning into the latter part of its name in a major way this year. The pharmacy giant plans to roll out its HealthHUB wellness and...

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MGM Grand, Mandalay Bay Hotels Sell For $4.6B
News 5 days ago
MGM Grand, Mandalay Bay Hotels Sell For $4.6B

MGM Growth Properties and Blackstone Real Estate Income Trust have formed a joint venture to acquire the Las Vegas Strip hotels MGM Grand and...

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Apartment Managers Dealing With Holiday Package Onslaught That Seems To Double Every Year
News 5 days ago
Apartment Managers Dealing With Holiday Package Onslaught That Seems To Double Every Year

The 2019 holiday season was a good one for many retailers, especially online. E-commerce sales grew again during the busiest retail stretch of the...

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Over 1,700 Stores Are Already Slated To Close In 2020
News 5 days ago
Over 1,700 Stores Are Already Slated To Close In 2020

After 2019 set a new record for store closures among national retailers, 2020 is off to a similar start. Over 1,700 closures will take place this...

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16 Questions With Fore Property Co. Managing Partner Jim Sullivan
News 6 days ago
16 Questions With Fore Property Co. Managing Partner Jim Sullivan

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses...

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Airbnb Plans To Use Union Labor For Its Developments
News 6 days ago
Airbnb Plans To Use Union Labor For Its Developments

Airbnb has pledged to use union construction labor for its real estate developments, particularly workers who are part of the United Brotherhood of...

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WeWork Sells Another Neumann-Era Acquisition
News 6 days ago
WeWork Sells Another Neumann-Era Acquisition

WeWork has sold a meeting space technology company it acquired in 2018, the latest divestiture following its failed IPO attempt last year....

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Elizabeth Warren Proposes Ban On Non-Carbon-Neutral Construction
News 6 days ago
Elizabeth Warren Proposes Ban On Non-Carbon-Neutral Construction

Sen. Elizabeth Warren has proposed a full ban on any construction, residential or commercial, that is not carbon neutral by 2028 as part of her...

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Goldman Sachs Selling Data Center Operator For $2.1B
News 1 week ago
Goldman Sachs Selling Data Center Operator For $2.1B

Macquarie Infrastructure & Real Assets has reportedly inked a deal to acquire a majority stake in AirTrunk, a data center operator in the Asia...

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WeWork 90 Days After Announcing A 90-Day Turnaround Plan
News 1 week ago
WeWork 90 Days After Announcing A 90-Day Turnaround Plan

SoftBank Group CEO Masayoshi Son claimed turning WeWork around would be simple, but the two months since his company took control have proven to be...

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Opportunity Zone Investment Soared In December, New Data Shows
News 1 week ago
Opportunity Zone Investment Soared In December, New Data Shows

It appears the predictions for an end-of-year rush of investment into opportunity zones came true. Qualified opportunity funds reported raising...

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Economists React To December Jobs Report On Twitter
News 1 week ago
Economists React To December Jobs Report On Twitter

Nonfarm payroll employment increased by 145,000 jobs in December, the U. S. Bureau of Labor Statistics reported Friday, marking the country's 111th...

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Still In Bankruptcy, Forever 21 De-Emphasizing Physical Stores
News 1 week ago
Still In Bankruptcy, Forever 21 De-Emphasizing Physical Stores

Bankrupt retailer Forever 21 Inc. is setting its sights on e-commerce sales outside the United States, where consumer spending is rising rapidly....

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U.S. Cities Vowed To Have More Mass Transit By 2020. Most Are Still Waiting.
News 1 week ago
U.S. Cities Vowed To Have More Mass Transit By 2020. Most Are Still Waiting.

U. S. Cities Vowed To Have More Mass Transit By 2020. Most Are Still Waiting. Planners in many U.S. cities benchmarked 2020 as the year transit...

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Uber, Hyundai Team Up On Flying Cars. Will Landing Portals Be Standard For Office Buildings By 2040?
News 1 week ago
Uber, Hyundai Team Up On Flying Cars. Will Landing Portals Be Standard For Office Buildings By 2040?

Uber and Hyundai Motor Co. have inked a deal to develop Uber Air Taxis as the basis of an aerial ride-share network in the future, unveiling a full...

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AT&T Looking To Sell 13-Building Office Portfolio In Huge Sale-Leaseback Deal
News 1 week ago
AT&T Looking To Sell 13-Building Office Portfolio In Huge Sale-Leaseback Deal

AT&T is looking to monetize a substantial chunk of its office assets. The telecoms giant is in talks with multiple potential buyers for a 13...

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Using Tech To Win The War Against Construction Costs
News 1 week ago
Using Tech To Win The War Against Construction Costs

The Best Practices series asks CRE leaders around the country about how to best execute a single aspect of their business. Throughout 2019 and into...

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Toyota Plans Hydrogen-Powered Test City
News 1 week ago
Toyota Plans Hydrogen-Powered Test City

Toyota Motor Corp. has unveiled plans to build a 175-acre development that will be mostly powered by hydrogen fuel cells. Dubbed the Woven City,...

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After Supreme Court Denial, What's Next For NIMBYs, Inclusionary Zoning?
News 1 week ago
After Supreme Court Denial, What's Next For NIMBYs, Inclusionary Zoning?

Property rights activists, multifamily developers and others who may have hung their anti-inclusionary zoning hopes on Marin County must now look...

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Iranian Official Threatens Trump's Real Estate
News 1 week ago
Iranian Official Threatens Trump's Real Estate

Escalating tensions between the U. S. and Iran may have made President Donald Trump's properties a target for terrorist attacks. Hesameddin Ashena,...

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Bed Bath & Beyond Nets $250M In Sale-Leaseback Deal
News 1 week ago
Bed Bath & Beyond Nets $250M In Sale-Leaseback Deal

Bed Bath & Beyond Inc. has agreed to sell about half of its real estate holdings to Chicago-based Oak Street Real Estate Capital in a deal that...

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How Rent Control, Downturn Fears Are Reshaping The Capital Stack
News 1 week ago
How Rent Control, Downturn Fears Are Reshaping The Capital Stack

Two monumental forces are bearing down on the world of multifamily financing: an impending economic slowdown and the spread of rent control. While...

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16 Questions With Breather Chief Real Estate Officer Dan Suozzi
News 1 week ago
16 Questions With Breather Chief Real Estate Officer Dan Suozzi

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses...

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Google's Parent Company Designing Automated Warehouse Technology
News 1 week ago
Google's Parent Company Designing Automated Warehouse Technology

A sister company of Google has new ideas about how to automate distribution centers. X Development, the experiment and idea-focused subsidiary of...

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Retiring Baby Boomers Could Reshape Real Estate
News 1 week ago
Retiring Baby Boomers Could Reshape Real Estate

As the heart of the baby boomer generation begins to hit retirement age, what boomers will do instead of work has the potential to transform...

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As Garage Usage Dwindles, Operators Are Starting To Charge More To Park Luxury Vehicles
News 2 weeks ago
As Garage Usage Dwindles, Operators Are Starting To Charge More To Park Luxury Vehicles

When Lisa Nickerson, the owner of a Boston-based marketing firm, traded in her Audi for a Tesla last year, a representative with Icon Parking...

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