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Ailing Park Avenue tower secures much needed deal
News 7 hours ago
Ailing Park Avenue tower secures much needed deal

The Chinese investment firm that bought 245 Park Ave. for $2.2 billion at the top of the real estate market two years ago and has since struggled...

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Tech company grows to 89,000 s/f at 3 WTC
News 7 hours ago
Tech company grows to 89,000 s/f at 3 WTC

Silverstein Properties announced today Better.com is expanding to 89,000 s/f at 3 World Trade Center. The tech company initially leased 44,000 s/f...

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NYC seeks to rein in Lower East Side nightlife scene with new rules
Blog 7 hours ago
NYC seeks to rein in Lower East Side nightlife scene with new rules

The Lower East Side has one of the city’s most robust nightlife scenes that, for area residents, creates major quality of life issues. | Flickr...

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Children's of Alabama moving outpatient behavioral health services to Patriot Midtown Park
News 7 hours ago
Children's of Alabama moving outpatient behavioral health services to Patriot Midtown Park

Children's of Alabama is moving one of its services further west on the Lakeshore corridor. This account isn't linked to a paid Birmingham Business...

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Real Estate Weekly
News 7 hours ago
Real Estate Weekly

STEVEN I. HOLM Attorney Steven I. Holm died October 17, 2019, the day before his 67th birthday. A graduate of Emory University School of Law, he...

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Brookdale buys back Sawgrass Park portfolio for $80M
News 7 hours ago
Brookdale buys back Sawgrass Park portfolio for $80M

Sawgrass International Corporate Park Brookdale Group paid $80.27 million for four office buildings at a business park in Sunrise, about four years...

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J.S. Held bolsters consulting service
News 7 hours ago
J.S. Held bolsters consulting service

J.S. Held, the global consulting firm, has acquired SPECS (Specialized Property Evaluation Control Services). Headquartered in Langley, British...

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VTS protech giant acquires retail platform, PropertyCapsule
News 7 hours ago
VTS protech giant acquires retail platform, PropertyCapsule

VTS, a leasing and asset management platform dominant in the commercial real estate sector, announced it will acquire PropertyCapsule, a marketing...

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Tribeca, PGIM, Meadow JV signs ground lease for Textile Building in Manhattan
News 7 hours ago
Tribeca, PGIM, Meadow JV signs ground lease for Textile Building in Manhattan
Source CRE HERALD

Tribeca, PGIM, Meadow have entered into a new 99-year ground lease at 295 Fifth Avenue, The Textile Building in Midtown South, Manhattan. Tribeca,...

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AIA:
Blog 7 hours ago
AIA: "Architecture Billings Index downturn moderates as challenging conditions continue"

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture Billings Index...

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Wilco to Open First California Store in May 2020
News 7 hours ago
Wilco to Open First California Store in May 2020

Mt. Angel, Ore. - Wilco, a farmer-owned cooperative, plans to open a new store in Petaluma, Calif., in May 2020. This opening will mark the...

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Massachusetts state senators developing their own health care legislation
News 7 hours ago
Massachusetts state senators developing their own health care legislation

Days after Gov. Charlie Baker proposed a wide-ranging health care bill, the president of the Massachusetts Senate said lawmakers are working on...

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Task force answers church prayers
News 7 hours ago
Task force answers church prayers

Manhattan Borough President Gale A. Brewer has formed a task force composed of faith leaders, nonprofit housing developers, and historic...

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Some Additional Thoughts from CREFC CRE CLO Conference 2019
News 7 hours ago
Some Additional Thoughts from CREFC CRE CLO Conference 2019

Conversations at the event included the need to shape a sustainable CRE CLO market and adding more flexibility to deal structures. The second...

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CID incentives at stake as Hilton Garden Inn poised to accept reservations for April 2020
News 7 hours ago
CID incentives at stake as Hilton Garden Inn poised to accept reservations for April 2020

Originally scheduled to complete in March 2018, the 120-room Hilton Garden Inn Wichita Downtown project has been fraught with delays. This account...

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Clarion pays $77M for La Mirada industrial project
News 7 hours ago
Clarion pays $77M for La Mirada industrial project

La Mirada industrial building Clarion Partners bought an industrial infill project in La Mirada, in a deal that Cushman & Wakefield called one of...

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Ohio retailer to shut down 160 stores, including 3 Orlando locations
News 8 hours ago
Ohio retailer to shut down 160 stores, including 3 Orlando locations

The Chillicothe, Ohio-based retailer's parent company, Hamilton Beach Brands Holding Co. (NYSE: HBB) announced last week it would wind down the...

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Atlanta pays tribute to the legendary rap duo OutKast with a huge mural
News 8 hours ago
Atlanta pays tribute to the legendary rap duo OutKast with a huge mural

A mural of OutKast in Atlanta's Little Five Points neighborhood has attracted crowds of people coming to see the iconic duo. The South has...

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Falling vacancies brighten gloomy outlook for retail landlords
News 8 hours ago
Falling vacancies brighten gloomy outlook for retail landlords

After rising to recessionary levels, the Chicago-area retail vacancy rate has fallen for the second straight quarter, a positive sign for a market...

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NKF Takes Over as Exclusive Agents for Staten Island Empire Outlets
News 8 hours ago
NKF Takes Over as Exclusive Agents for Staten Island Empire Outlets

Newmark Knight Frank was named the exclusive leasing agent for Staten Island's recently opened Empire Outlets mall, taking over from local...

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Pleasantville real estate bankruptcy exposes family business fault lines
News 8 hours ago
Pleasantville real estate bankruptcy exposes family business fault lines

U.S. Bankruptcy Judge Sean H. Lane recently rejected a wife’s claims that her husband mishandled the finances of their Pleasantville real estate...

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Press Release 8 hours ago
Sales of an industrial building, piece of land, both in Chandler, highlight recent deals by NAI Horizon

     PHOENIX, ARIZONA (October 23, 2019) – The $1.748 million sale of a 16,471 industrial building and the $395,000 sale of a 63,574 SF piece of...

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Steak 'n Shake strategy serves uncertainty for brand's future in St. Louis
News 8 hours ago
Steak 'n Shake strategy serves uncertainty for brand's future in St. Louis

Even the parent company of Steak 'n Shake calls itself "unorthodox." In a 2018 letter to shareholders, the chairman of Texas-based Biglari Holdings...

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5 CRE Metrics Every Successful Investor Needs To Know – Part III
Blog 8 hours ago
5 CRE Metrics Every Successful Investor Needs To Know – Part III

This post originally appeared on Doug Marshall's Blog Marshall Commercial Funding Blog and is republished with permission. Find out how to...

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BBVA USA names John Chan as Director of Community Development Capital
News 8 hours ago
BBVA USA names John Chan as Director of Community Development Capital

HOUSTON, Oct. 23, 2019 /PRNewswire/ -- BBVA USA announced today that John Chan has been promoted to Director of the bank's Community Development...

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The Boulder Group Arranges Sale of Metro Atlanta Retail Asset
News 8 hours ago
The Boulder Group Arranges Sale of Metro Atlanta Retail Asset

The Boulder Group has brokered the sale of a 12,990-square-foot building net leased to CVS in Newnan, Ga., for $4 million. President Randy...

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What's Next for Chicago's Central Loop?
Blog 8 hours ago
What's Next for Chicago's Central Loop?

By: Linsey Smith, PhD, Director, Chicago Research and Sally Haertl, Chicago Marketing Manager Chicago’s once thriving Central Loop, anchored by the...

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Here are the week’s top luxury sales
News 8 hours ago
Here are the week’s top luxury sales

Each week, The Real Deal and CityRealty look back at Manhattan's priciest apartment sales. For 15 years, David Koch lived at the world's "richest...

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The landlords who evict the most, Central Park gets its first statue honoring women, & more
Blog 8 hours ago
The landlords who evict the most, Central Park gets its first statue honoring women, & more

Tenant groups have released a list of the NYC landlords who evict the most renters, naming 20 landlords responsible for 2,200 evictions (Patch)...

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RIDC contracts Scalo Solar Solutions to install solar array in Western PA
News 8 hours ago
RIDC contracts Scalo Solar Solutions to install solar array in Western PA

PITTSBURGH, PA — Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) has contracted with Scalo Solar Solutions to...

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