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IQHQ Acquires Metro Boston Life Science Campus
The REIT expanded its presence in the area with the $35.9 million purchase of Innovation Park in Andover, Mass.
FHR Capital Buys PVH Distribution Center
JLL Capital Markets arranged the sale of the 850,000-square-foot facility in McDonough, Ga.
CapRock Closes Second Funding Round With $180M
The firm will focus on middle-market, value-add facilities in California, Nevada and Arizona.
Global Business Districts Rankings Shift
Western markets continue to lead in desirability, but Asian cities are narrowing the gap, according to a new report from EY and the Urban Land Institute.
J.C. Penney To Shed 29% of Stores Amid Retail Reckoning
The iconic department store chain plans to slim down its footprint after filing for bankruptcy last week.
Some US Megaprojects Power Through in the New Normal
Multibillion-dollar developments across the country are adapting to challenges brought by the health crisis.
What Simon Property’s Q1 Results Say About Retail’s Future
The REIT is reopening half of its portfolio, while analysts’ concerns about what’s ahead for mall-based stores persist.
NAIOP Finds Drop in CRE Confidence
The latest semi-annual Commercial Real Estate Industry Sentiment Index from NAIOP finds a notable uptick in pessimism from industry professionals.
COVID-19 Shakeup Reaches Neiman Marcus, Lord & Taylor
One leading retailer has filed for Chapter 11 bankruptcy protection, and the other is planning an inventory liquidation once stores reopen.
Net Leased Pharmacies, Dollar Stores Perform Well Despite Pandemic
Avison Young’s first-quarter report on the net lease retail sector shows how COVID-19 has hit different businesses, including casual dining, QSR, dollar stores and pharmacies.