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Portland-area hotel revenues won't rebound until year-end 2023, forecast shows
News 2 days ago
Portland-area hotel revenues won't rebound until year-end 2023, forecast shows

It could be years before a Portland-area hotel revenue indicator rebounds to 2019 levels. This account isn't linked to a paid Portland Business...

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Not your father’s distress: Down market could be opportunity of a lifetime or a big letdown
News 2 days ago
Not your father’s distress: Down market could be opportunity of a lifetime or a big letdown

As the coronavirus pandemic bore down on the economy, veteran investor Tom Barrack emerged as one of the loudest voices urging a lifeline for the...

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Wayne State escapes worst of coronavirus financial impact, developing plan for return to campus for fall
News 2 days ago
Wayne State escapes worst of coronavirus financial impact, developing plan for return to campus for fall

President Wilson says there will be in-person classes Wayne State University's unique public private partnership with Corvias to run all of its on...

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Philadelphia to begin enforcing coronavirus protocols at construction sites, fine for violations
News 2 days ago
Philadelphia to begin enforcing coronavirus protocols at construction sites, fine for violations

Philadelphia will begin on Monday patrolling construction sites and enforcing the city's coronavirus protocols. Philadelphia will begin on Monday...

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Le Pain Quotidien freed from 59 leases in bankruptcy
News 2 days ago
Le Pain Quotidien freed from 59 leases in bankruptcy

A judge allowed Le Pain Quotidien to be released from 59 of its leases. (Getty, iStock) Upscale bakery chain Le Pain Quotidien will be allowed to...

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Philadelphia bank nixes new NYC branch due to Covid-19 construction woes
News 2 days ago
Philadelphia bank nixes new NYC branch due to Covid-19 construction woes

Republic Bank has withdrawn its application to add another branch in Manhattan and Chairman Vernon Hill said further expansion this year could be...

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Atlanta's Stonemont Financial to develop spec industrial building at Trivium Corporate Center in Hickory
News 2 days ago
Atlanta's Stonemont Financial to develop spec industrial building at Trivium Corporate Center in Hickory

More activity is headed to Hickory's Trivium Corporate Center. On Thursday, Atlanta-based developer Stonemont Financial Group announced its plans...

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Wrapping paper-maker consolidates distribution into Mid-South warehouse
News 2 days ago
Wrapping paper-maker consolidates distribution into Mid-South warehouse

Wrapping paper has been made in Memphis since the 1950s, though the company's name and ownership keeps changing. The company that was long known as...

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IG Design consolidates distribution into Marshall County warehouse
News 2 days ago
IG Design consolidates distribution into Marshall County warehouse

Wrapping paper has been made in Memphis since the 1950s, though the company's name and ownership keeps changing. The company that was long known as...

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The week in bankruptcies: Celebrated Chinese restaurant declares Chapter 7
News 2 days ago
The week in bankruptcies: Celebrated Chinese restaurant declares Chapter 7

Portland area bankruptcy courts recorded two business filings - including zero with total debt above $1 million - during the week that ended May 22...

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Five Must Reads for the CRE Industry Today (May 30, 2020)
News 2 days ago
Five Must Reads for the CRE Industry Today (May 30, 2020)
Source NREI - Wire

The Centers for Disease Control and Prevention (CDC) lists recommendations for American employers reopening their offices, reports The New York...

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Here's more on those alfresco dining districts
News 2 days ago
Here's more on those alfresco dining districts

The city has received over 800 applications for sidewalk café permits in 2020, including nearly 400 since March. The six corridors will have closed...

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A Closer Look at the Post-COVID-19 Office Landscape
News 2 days ago
A Closer Look at the Post-COVID-19 Office Landscape

Real estate experts had forecast a cloudless horizon for the national office market in 2020, indicated by a gradually growing skyline, sprawling...

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IBM Leaving 70K SF WeWork Outpost in Union Square
News 2 days ago
IBM Leaving 70K SF WeWork Outpost in Union Square

Tech giant IBM plans to leave its nearly 70,000 square foot WeWork outpost in Union Square, one of the first major companies to drop real estate as...

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The best neighborhoods to invest in, leaving NYC because of coronavirus, & more
Blog 2 days ago
The best neighborhoods to invest in, leaving NYC because of coronavirus, & more

This week, readers visited Brick Underground for a guide to the best New York City neighborhoods to invest in this year. With most buyers sitting...

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U.S. Auto Parts enters DFW with distribution hub in Grand Prairie
News 2 days ago
U.S. Auto Parts enters DFW with distribution hub in Grand Prairie

Southern California-based U. S. Auto Parts Network Inc. (Nasdaq: PRTS) is planting its first flag in Texas with a 210,000-square-foot distribution...

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If NHL's Carolina Hurricanes were to leave PNC Arena — millions will be at play
News 2 days ago
If NHL's Carolina Hurricanes were to leave PNC Arena — millions will be at play

A new deal between the Carolina Hurricanes and the Centennial Authority, the governing body for PNC Arena, details what happens if the NHL team...

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Campgrounds see famine amid coronavirus shutdown orders ⁠— but loophole keeps some open
News 2 days ago
Campgrounds see famine amid coronavirus shutdown orders ⁠— but loophole keeps some open

RAPID RIVER — In a pine tree forest on a ridge uphill from the shores of Lake Michigan's Little Bay de Noc, the Vagabond Resort & Campground looks...

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Phase 2 update: Retail can reopen in upstate New York. What shoppers need to know
News 2 days ago
Phase 2 update: Retail can reopen in upstate New York. What shoppers need to know

ALBANY - Retail stores were able to start reopening Friday in five parts of upstate New York. But they will need to do so with strict guidelines....

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Philly riders can soon book an Uber for hours at a time
News 2 days ago
Philly riders can soon book an Uber for hours at a time

The "hourly" option, available in Philadelphia starting Tuesday, works almost like a car for hire. Riders needing a lift to a grocery store or...

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Warby Parker, J. Crew re-open first in The Woodlands
News 2 days ago
Warby Parker, J. Crew re-open first in The Woodlands

Warby Parker and J. Crew have re-opened their Market Street locations in The Woodlands with new procedures aimed at keeping shoppers safe amid the...

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New area nonresidential construction craters in April, but residential provides a lift
News 2 days ago
New area nonresidential construction craters in April, but residential provides a lift

Commercial construction starts in Kansas City plummeted 81% last month, compared with activity the previous year. The decline eclipsed an increase...

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The June Digital Issue of CPE Is Now Available!
News 2 days ago
The June Digital Issue of CPE Is Now Available!

Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or...

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Birmingham’s Lakeshore Parkway seeing more development
News 2 days ago
Birmingham’s Lakeshore Parkway seeing more development

There's more action happening along Birmingham's Lakeshore Parkway, which has seen continued development over the last year. Dunkin' will be...

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DC Reaches Agreement to Move 700-Member Agency East of the Anacostia
News 2 days ago
DC Reaches Agreement to Move 700-Member Agency East of the Anacostia
Source CoStar

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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With Sales Down and Debt Rising, Ann Taylor Parent Goes Into Preservation Mode
News 2 days ago
With Sales Down and Debt Rising, Ann Taylor Parent Goes Into Preservation Mode

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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News 2 days ago
First Industrial Realty Trust To Participate In Nareit's REITweek: 2020 Virtual Investor Conference

CHICAGO, May 29, 2020 /PRNewswire/ -- First Industrial Realty Trust, Inc. (FR) - Get Report, a leading fully integrated owner, operator and...

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Atlanta 'creative city' secures $1.75M in loans, sets site-work date
News 2 days ago
Atlanta 'creative city' secures $1.75M in loans, sets site-work date

The owners of the historic Pratt-Pullman Yard have secured $1.75 million in federal funding to begin environmental rehab of the 27-acre former...

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Bankruptcy Judge Gives Retailer Pier 1 Imports Permission to Shutter Operations
News 2 days ago
Bankruptcy Judge Gives Retailer Pier 1 Imports Permission to Shutter Operations

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Pandemic-Driven Job Losses Mount in Dallas-Fort Worth
News 2 days ago
Pandemic-Driven Job Losses Mount in Dallas-Fort Worth

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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