Business Specialties
Macy’s Starts Reopening Amid Department Store Woes
The chain is welcoming shoppers to 68 locations this week. How will the department store format fare amid the pandemic’s challenges?
Las Vegas Stripped of Appeal as Casinos Suffer
The coronavirus pandemic led to a nearly 33 percent drop-off in transactions in the weeks following Governor Sisolak’s nonessential business closure order—though one asset class is bucking the trend.
Los Angeles Mall to Land New Owner
CIM Group is set to acquire Baldwin Hills Crenshaw Plaza for more than $100 million, and may redevelop the property.
Pandemic Unlikely to End Construction in 2020
While demand in most commercial real estate sectors has taken a nosedive, some shovels will still hit the ground in 2020.
Corning Optical’s Charlotte HQ Sells for $59M
Beacon Capital Partners sold the property less than one year after completing the $38 million build-to-suit for the fiber optics solutions provider.
Industrial Real Estate’s Positive Prognosis
Increased online shopping should continue after the pandemic and that’s good news for warehouse and distribution real estate in the long term.
Life Companies Adjust to New Lending, Investment Picture
COVID-19 rewrote the script for insurance companies’ 2020 strategies. Here’s what to expect.
COVID-19 Is Remaking the Workplace, CFOs Say
In a PwC survey, corporate executives weigh in on the future of the workplace, capital investment plans and potential layoffs.
Fairway America’s CEO on Upcoming $1B Fund, Investment Partnerships
Founder & CEO Matthew Burk talks about the importance of teaming up with disciplined real estate professionals and shares his predictions for the middle markets.
Divaris to Lease, Manage 1.3 MSF Virginia Portfolio
The 22-property portfolio, spread across three cities, has an average occupancy of 91 percent.