A judge has slashed the assessed value of New Jersey’s American Dream megamall by roughly $850 million following an appeal by the development's landlord.
Private real estate investment firm Ashkenazy Acquisition Corp. has bought and plans to upgrade an open-air shopping center in New York’s Queens, continuing its strategy of buying and renovating retail properties throughout the United States.
Murphy USA, one of the largest convenience store chains in the United States, plans to open about 50 new locations over the next 12 months as it looks to keep up with aggressive expansions by rival chains.
Seattle’s labor market continued its slow climb in June, adding 18,000 nonfarm jobs compared to May, and 21,400 compared to a year ago, according to the most recent data release from the Bureau of Labor Statistics.
More guards are prowling RXR Realty office buildings in New York. Landlord KPG Funds is having talks with an Israeli-based artificial intelligence firm for workplace weapons surveillance. And corporate executives are being told to spend more on security.
Brokers completed major deals during the second quarter, a period marked by an uptick in real estate activity as many businesses shook off concerns about the effects of tariffs and global economic uncertainty.
Kimco Realty has sold a Home Depot-anchored center in California for $49.5 million as it joins the ranks of retail landlords who are shedding properties that don't have high-growth potential.
A fully leased retail center near two of Orange County’s biggest sports and entertainment venues has traded hands, underscoring the continued appetite for service-oriented shopping centers in dense and affluent markets.
Unibail-Rodamco-Westfield is selling its airport retail business for $295 million to a Mexican airport operator as the global mall giant continues to divest noncore properties in its U.S. portfolio.
The long dormant yet iconic General Hospital in Los Angeles is slated to become part of a mixed-use complex that speaks to the city’s more modern needs: housing, open space and healthcare uses to serve the region’s Eastside neighborhoods.
The Boston area has one of the highest concentrations in the U.S. of office buildings with laboratory space and, although the niche segment of the office market has recently struggled, more supply is on the way. Healthpeak Properties and Hines recently disclosed details about one of those proposals, called Cambridge Point.
The operator of the Medieval Torture Museum has bought a four-story building on Chicago’s South Street for a fraction of its previous sale price, with plans to launch new museum concepts in the property.
Two developers started construction on The Grounds, a mixed-use development in Winston-Salem, North Carolina, that leverages the trend of matching new commercial properties with sports facilities.
A Dallas construction team is transforming what was once a seven-building property in the Design District into an upscale open-air retail and dining hub spanning eight properties.
Seattle is embarking on its first week with all major pieces in place on its $806 million waterfront revitalization, a project that spotlights commercial real estate development playing out in some harbors around North America as cruise ship activity reaches records.
CBL Properties has acquired a portfolio of four malls for $178.9 million as retail landlords accelerate their efforts to swap out noncore properties for better performers with growth potential.
Hollywood, Florida-based Current Capital Real Estate Group has acquired the County Line Shopping Center in north Miami-Dade County in a $33 million deal and the new owner is in talks to potentially redevelop the 166,485-square-foot shopping center.