News
COVID-19 Trends of the Week: 5/8/2020
Retail bankruptcies. Rent relief extensions. When and how will real estate reprice? These are the trends that shaped coronavirus coverage this week.
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.
Solar Power Megaproject Posts World’s Lowest Tariff
The Al Dhafra Solar PV project is slated to begin commercial operation in the second quarter of 2022.
Hines Expands Netherlands Industrial Portfolio
Fully occupied by retailer HEMA, the Urban Logistics Distribution Centre in Utrecht is now part of the Hines Pan-European Core Fund portfolio.
Compass Self Storage Expands Miami Footprint
As part of the sale, the company assumed the existing debt on the 37,242-square-foot facility, a $5.2 million CMBS loan.
Sidewalk Labs Abandons Toronto Waterfront Megaproject
More than two years into the Quayside project, the Google affiliate announced it will be pulling back, citing global economic uncertainty.
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.
Energy Demand During Pandemic Times and Beyond
A new International Energy Agency report details how lockdowns have impacted energy consumption around the world and how the COVID-19 outbreak will impact the industry going forward.
Federal Realty Sells Pasadena Mixed-Use Building
Pottery Barn has occupied the first three floors of the 30,955-square-foot property for the past 20 years.
CBRE Brokers San Diego MOB Sale
Vice Presidents Dan Henry and Lars Eisenhauer facilitated the sale of the 25,600-square-foot Richley Medical Plaza.