News

Simon Shutters US Malls Amid Virus Scare

The retail investor-operator is shuttering its 204 properties across the country until March 29.

City, State Officials Halt Commercial Evictions

Officials are stepping in to mitigate the pandemic’s economic impact on tenants.

Lone Star Funds Buys Atlanta Office Asset

A state pension fund sold the Class A building located in the city’s Innovation Corridor.

Casinos Join Coronavirus Closure Rush

The states of Nevada, New Jersey and Connecticut are forcing hotel and casino properties to temporarily shut their doors.

Top 5 Markets for Office Construction Activity

Some 145 million square feet was under development as of January. CPE identified the country’s top-performing metros in terms of supply as a percentage of existing office stock.

Rockpoint Sells Stake in Boston Gem for $243M

Newmark Knight Frank orchestrated the company’s recapitalization of 75-101 Federal St. with the sale of a 50 percent interest in the interlinked office towers.

Colliers Closes Washington Retail Deal

Reza Ghobadi and Ryan Marn worked on behalf of both parties in the transfer of the 17,384-square-foot building.

Cushman & Wakefield Facilitates Sale of Virginia Retail Center

The team of Eric Robison, Catharine Spangler and Jessica Johnson represented the joint venture seller.

Commercial Real Estate Finding It’s Not Immune to the Coronavirus

Monday’s giant sell-off in the stock market, combined with announcements of increasingly draconian closures of businesses, is moving the market toward a steep cutback in transactions.

Newmark Knight Frank Hires EVP in New York

The former RXR Realty senior vice president brings three decades of experience to his new position.