News
Lord & Taylor to Close More Stores, Bringing Total to 24
The five additional department stores being liquidated are all located in Simon Property malls.
Zions Bancorporation Begins Construction of Utah Campus
The bank’s 400,000-square-foot technology and operations center will house more than 2,000 employees and target LEED Platinum certification.
Baum Revision Lands 75 KSF Chicago Office Tenant
Chamberlain University signed the long-term lease for space in the 121,666-square-foot building in Avondale.
Brookwood Properties Expands Louisiana Storage Footprint
The 118,340-square-foot building encompasses 920 climate-controlled units across three stories.
Marcus & Millichap Arranges $20M New York ShopRite Sale
The firm assisted the seller, sourced the buyer and facilitated acquisition financing for the nearly 61,000-square-foot Long Island property.
$100M Houston Project Lands Chevron as 1st Tenant
Rice University’s management arm leased space to the energy company at The Ion, an innovation hub that will emerge from the transformation of a former Sears store.
Alexandria Pays $98M for University HQ in San Diego
The nearly 140,000-square-foot asset is close to several research institutes in the heart of Torrey Pines.
Stressed Out: Are Commercial Properties Close to Default?
To determine the potential for defaults and investment opportunities, Yardi Matrix analyzed loans from its multifamily and office property database and found prospective trouble spots over the short and long term.
Airbnb Files Confidential IPO Paperwork
The filing comes more than a month after the short-term rental giant reported an encouraging uptick in bookings.
Cambria Hotels Opens 2 New Properties
The latest additions to the upscale brand are in Ocean City, Md., and Rohnert, Calif., in Northern California’s wine country.