News
STORE Capital Launches as New Private REIT
The firm was formed to invest in single-tenant properties including chain restaurants, supermarkets, drugstores and other retail, service and distribution facilities.
RECon Coverage: Incoming ICSC Chair Offers Insights
David Henry is bullish on the future. The new International Council of Shopping Centers chairman and president & CEO of Kimco Realty Corp. sees good things coming not only for the organization, but for the retail sector as a whole.
Economy Watch: REOs Up, GDP Low
RealtyTrac reported in its latest U.S. foreclosure sales report, which covers the first quarter of 2011, that REOs and other properties in some stage of foreclosure now account for 28 percent of U.S. residential sales, up slightly from the fourth quarter of 2010, when the total was 27 percent.
Conde Nast Takes 1 MSF at One World Trade Center
In a long-rumored lease deal, the publisher signed on the dotted line to relocate its headquarters to Lower Manhattan.
Pillar Buys Former Nortel HQ
The $43.1 million transaction represents Pillar’s crack at capitalizing on the rebirth of the Dallas-area tech market.
Las Vegas Multifamily Preparing For a Comeback
By Alex Girda, Associate Editor
If Las Vegas real estate was a movie theater, multifamily housing would be written all over its marquee. The city had its solid share of real estate headlines this past week, with a massive real estate […]
Denver Housing Authority Ramps Up Redevelopment Plans
By Alex Girda, Associate Editor
This past week, Denver real estate has made headlines through a series of diverse moves that encompass both major sales and development news. One of these top headlines was regarding the sale of the JW Marriott […]
Economy Watch: OEDC Up, FHFA Index Down
In its most recent economic outlook, the Organisation for Economic Development and Cooperation waxed fairly optimistic, but warned that the global crisis may not yet be through.
In Search of New Retailers in D.C.
By Veronica Grecu, Associate Editor
The first Wegmans grocery store might finally open in the District. City officials have been trying for years to attract the chain but could not provide a site large enough to accommodate the store. Now, with […]
Tampa’s Residential Market Sees New Transactions, New Ventures
By Georgiana Mihaila, Associate Editor
Recent announcements highlight what might be called a trend in Tampa’s residential market, with several apartment properties changing owners.
Among the latest sales is that of Sandanay and Stonehenge, the 100-unit apartment property at 13129 N. 19th […]