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CVS To Renovate, Add HealthHUB Concept To 600 Stores In 2020
News 1 month 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 1 month 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 1 month 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 1 month 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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WeWork Sells Another Neumann-Era Acquisition
News 1 month 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 1 month 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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Airbnb Plans To Use Union Labor For Its Developments
News 1 month 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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16 Questions With Fore Property Co. Managing Partner Jim Sullivan
News 1 month 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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Goldman Sachs Selling Data Center Operator For $2.1B
News 1 month 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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Opportunity Zone Investment Soared In December, New Data Shows
News 1 month 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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WeWork 90 Days After Announcing A 90-Day Turnaround Plan
News 1 month 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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Economists React To December Jobs Report On Twitter
News 1 month 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 month 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 month 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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Using Tech To Win The War Against Construction Costs
News 1 month 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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Uber, Hyundai Team Up On Flying Cars. Will Landing Portals Be Standard For Office Buildings By 2040?
News 1 month 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 month 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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Iranian Official Threatens Trump's Real Estate
News 1 month 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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After Supreme Court Denial, What's Next For NIMBYs, Inclusionary Zoning?
News 1 month 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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Toyota Plans Hydrogen-Powered Test City
News 1 month 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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Bed Bath & Beyond Nets $250M In Sale-Leaseback Deal
News 1 month 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 month 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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Retiring Baby Boomers Could Reshape Real Estate
News 1 month 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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16 Questions With Breather Chief Real Estate Officer Dan Suozzi
News 1 month 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 month 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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SoftBank-Backed Indian Hotel Startup Oyo Might Be Following In WeWork's Footsteps
News 1 month ago
SoftBank-Backed Indian Hotel Startup Oyo Might Be Following In WeWork's Footsteps

Another startup backed by SoftBank Group Vision Fund could be headed for disaster. India-based discount hotel brand Oyo has expanded at a...

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Walmart Aims To Augment Its Supercenters In Struggle Against Amazon
News 1 month ago
Walmart Aims To Augment Its Supercenters In Struggle Against Amazon

Walmart, in its ongoing struggle against fellow retail giant Amazon, is planning to use its existing base of supercenters, which are about 180K SF...

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As Garage Usage Dwindles, Operators Are Starting To Charge More To Park Luxury Vehicles
News 1 month 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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TRIA Reauthorized For 7 Years, EB-5 Program For 9 Months
News 1 month ago
TRIA Reauthorized For 7 Years, EB-5 Program For 9 Months

Just before its holiday recess, Congress reauthorized the Terrorism Risk Insurance Act until the end of 2027, while giving a much shorter...

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Site Selection In 2020
News 1 month ago
Site Selection In 2020

Attracting a relocating business to a particular place is tougher than ever in the current high-employment, incentive-skeptical climate. Yet in the...

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