{"id":1004391992,"date":"2020-02-18T05:55:08","date_gmt":"2020-02-18T13:55:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004391992"},"modified":"2020-02-20T07:45:26","modified_gmt":"2020-02-20T15:45:26","slug":"daily-reads-feb-18-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daily-reads-feb-18-2020\/","title":{"rendered":"DAILY READS: Feb. 18, 2020"},"content":{"rendered":"

“Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019\u2014more than the total in 2018, which surpassed the record of 2017. Already this year, retailers have announced more than 1,200 more intended closings, including 125 Macy\u2019s stores.” Read more<\/a>
\nNew York Times<\/em><\/p>\n

More Seniors Are Living Alone. Stop Blaming Them for the Housing Crisis.<\/strong><\/p>\n

“There are many reasons for the housing shortage. Home builders haven\u2019t been able to build at a pace that keeps up with demand. Major cities lack enough land to build on. People who already own homes aren\u2019t upsizing or downsizing, which limits the circulation of homes on the market.  But at a time when intergenerational rivalry has become a viral meme, it\u2019s been easier for many to blame one particular punching bag: baby boomers.” Read more<\/a>
\nCurbed<\/em><\/p>\n

\"Jonathan

Jonathan Gray, President & COO, Blackstone<\/p><\/div>\n

How Blackstone Became the World\u2019s Biggest Corporate Landlord<\/strong><\/p>\n

“Over the past decade, Blackstone has relentlessly expanded its reach in real estate. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. Blackstone leverages that capital by taking out mortgages, so the total value of the property it owns \u201cin the ground\u201d is around $325 billion. By these measures it ranks, by Fortune\u2019s estimates, as the world\u2019s largest commercial real estate company.” Read more<\/a>
\nFortune<\/em><\/p>\n

Tesla Ordered to Halt Work on German Factory Amid Anger Over Chopping Down Trees<\/strong><\/p>\n

“The company does not yet have planning permission to build its new so-called Gigafactory, but the state environmental agency had given it a green light to clear 92 hectares of forest land.” Read more<\/a>
\nCNBC<\/em><\/p>\n

Galleria Towers Sale Comes With Potential for Another High-Rise<\/strong><\/p>\n

“The purchase of the three office high-rises at LBJ Freeway and Noel Road by Piedmont Office Realty Trust was one of the largest real estate investments in North Texas in recent years.  And the acquisition includes an almost 2-acre building site on the northeast corner of the Galleria property that had been planned for another high-rise.” Read more<\/a>
\nDallas Morning News <\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Blackstone\u2019s rise. Bonus for Dallas investors. Why we shouldn’t blame seniors? Here’s a batch of other critical content for you to read, listen to or watch.<\/p>\n","protected":false},"author":1269,"featured_media":1004199557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004391992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nDAILY READS: Feb. 18, 2020 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-feb-18-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAILY READS: Feb. 18, 2020\" \/>\n<meta property=\"og:description\" content=\"Blackstone\u2019s rise. 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