Columbus
Discounter Ollie’s plans to fuel expansion with purchase of more Big Lots store leasesAn Ohio hospital chain purchased Big Lots’ headquarters as part of the retailer’s bankruptcy case.
Intel delays opening of Ohio plant due to weak customer demandIntel's $28 billion project involves the construction of two plants near Columbus, Ohio.
Top Dealmakers in Columbus Named CoStar Power BrokersMeet the top commercial real estate firms and brokers in the Columbus, Ohio, market who have been recognized as CoStar Power Brokers for their exceptional deal-making.
CoStar Insight
Pair of global manufacturers choose Central Ohio for North American expansionsA pair of global manufacturers have selected Central Ohio for their North American expansions in moves that add to the region's growing advanced manufacturing sector.Warby Parker to open eyewear shops at TargetThe retailer is the latest to expand its footprint by carving out space inside other retailers.
More News
People of Note
JLL taps leader for new consumer goods business; Bradford Allen grows with broker from Cushman; SRS makes industrial-strength hires in the WestRead the latest on new hires, promotions and other personnel changes.Earnings
Hospitality REITs make deals where they can, reinvest in portfoliosIn this collection of quotes from fourth-quarter and full-year 2024 earnings calls, hotel real estate investment trust execs share their capital strategies as transactions slow and reinvesting in portfolios can drive returns. This pink LA apartment complex where Barbie's founders lived gains historic statusThe tenants of this 1940s property won a preservation fight that requires an OK for demolition or major changes from the city's Cultural Heritage Commission.
CoStar Insight
For office, new conditions bring changing expectationsA lot has changed in five years for a sector looking to rebound.Greater Chicago, Texas top ranking for corporate relocations and expansionsSite Selection magazine selects top markets with analysis of facility investments.
Earnings
Softer leisure performance in Florida a concern for DiamondRockDiamondRock Hospitality Company executives said the real estate investment trust's Florida portfolio had a down fourth quarter with revenue per available room down 5.8%.HNN Video
Why high-end hotels are the big opportunity for operators like DavidsonDavidson Hospitality Group President and CEO Thom Geshay says he's seeing growth opportunities in the luxury space as more of those hotels move to a third-party management model.Fresh off Hyatt acquisition, Bunkhouse doubles down on new marketIn its first two hotel openings under the Hyatt umbrella, Bunkhouse Hotels has eyes for Houston with the recently opened Hotel Saint Augustine and the Hotel Daphne, which opens later this year.
Ares completes GLP acquisition to create top three global industrial behemothThe US group now has more than $115 billion in assets.
Ontario Progressive Conservatives win third straight majority on promise to fight tariffs"Fighting back against Donald Trump" will take national effort, reelected Premier Doug Ford said.
Daily Roundup
Rising costs curb travel plans; Inflation rate edges lower; Equipment spending increasesHere’s what you need to know to start your day.Federal government ramps up lease cancellations nationwideIndiana and Rhode Island are the only states that have had no government leases canceled so far.
Giant Canadian pension fund blames poor property performance on two US office marketsCDPQ said its exposure in the "hardest-hit cities" of Chicago and New York led to a sizable drop in the annual return on its real estate holdings.
None of this year's Oscar best picture films were shot in California. Leaders want to change that.State lawmakers are looking to ramp up filming incentives as entertainment jobs flow to rival locations.
Commercial property prices show signs of stabilizingSales increase as buyers and sellers move closer on values, CoStar data shows.
Google co-founder says employees should be in office 'at least' every weekdayThe Silicon Valley tech giant is exploring in-person requirements to remain competitive in the artificial intelligence sector.
People of Note
Workbox hires chief operating officer; Odyssey promotes retail advisory duo; SkyView broadens self-storage businessRead the latest on new hires, promotions and other personnel changes.US hoteliers try to ride the wave of surging cruise demandHotels in cruise port markets saw revenue growth exceeding national averages in 2024.
Earnings
Pebblebrook CEO expects further demand normalization, tracking US GDP growthDuring the hotel real estate investment trust's fourth-quarter and full-year 2024 earnings call, Pebblebrook Hotel Trust CEO Jon Bortz provided detailed updates on the conditions in Los Angeles, San Francisco and Washington, D.C.HNN Video
Hyatt exec believes new structure will yield benefits for performance, guestsHyatt Hotels Corporation has recently realigned its brands, creating groups to focus on the luxury, lifestyle, all-inclusive, select service and "classic" brand segments.Despite pleas of Dallas officials, Saks says it's moving to close Neiman Marcus flagshipThe retail chain's new parent said it has to focus on its long-term success.
Red Robin aims to shutter roughly 70 underperforming restaurantsThe burger chain faces stepped-up competition from other premium eateries.
Daily Roundup
Mexico, Canada tariffs set to take effect; Theme parks expand despite weather setbacks; Jobless claims riseHere’s what you need to know to start your day.Texas investment firm emerges as buyer of Denver tower in latest major office betLone Star Funds has closed the nearly $133 million deal on the heels of its record-breaking Florida acquisition.
Earnings
RLJ Lodging Trust optimistic about business travel rebound, but realizes mix will be differentDespite lower interest rates and better availability of debt, RLJ Lodging Trust President and CEO Leslie Hale says the transactions market remains choppy.Featured
CoStar Economy
CoStar Economy
Analytics
Retail sales slide and consumer sentiment falls
Analytics
CoStar Insight
CoStar Insight
Analytics
No evidence to date of negative impact to apartment market
Analytics
CoStar Insight
CoStar Insight
Analytics
Increased port activity has also helped drive local industrial demand
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
International News
Mipim
Mipim
France
Expanded programme for annual real estate conference includes first dedicated UK hub
France
Singapore
Executive chairman of real estate firm files with court to stop 'attempted coup'
Singapore
United Kingdom
Coworking group and landlord Almacantar commit to 'long-term, mutually beneficial partnership'
United Kingdom
United States
Fund is its second private equity secondary real estate vehicle
United States
United Kingdom
Commercial Tenants Association directly opposes BPF's 'opt-in' recommendation
United Kingdom
United Kingdom
Five assets form part of £1.8 billion ultimately up for sale
United Kingdom
United States
Longtime executive Dan Letter to succeed co-founder of industrial real estate giant
United States
France
Duo reassembles premises and goodwill of five Novotel Suites for just over €100 million
France
Companies agree to explore potential alternative deals.
US has now canceled about one in 10 active federal commercial real estate leases
The Department of Government Efficiency terminations have doubled in less than a week.
Daily Roundup
Construction spending edges lower; Grubhub cuts workforce; Manufacturing expands
Here’s what you need to know to start your day.
AI boom propels San Francisco software firm to double headquarters size
Databricks is preparing to aggressively expand its office in the city with a plan to relocate its corporate hub.
CoStar Insight
Demographics fuel surge in senior housing investment
Resident demand for senior housing picks up as the 'silver wave' follows grandkids to new markets.
Featured
CoStar Economy
CoStar Economy
Analytics
Retail sales slide and consumer sentiment falls
Analytics
CoStar Insight
CoStar Insight
Analytics
No evidence to date of negative impact to apartment market
Analytics
CoStar Insight
CoStar Insight
Analytics
Increased port activity has also helped drive local industrial demand
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
International News
Mipim
Mipim
France
Expanded programme for annual real estate conference includes first dedicated UK hub
France
Singapore
Executive chairman of real estate firm files with court to stop 'attempted coup'
Singapore
United Kingdom
Coworking group and landlord Almacantar commit to 'long-term, mutually beneficial partnership'
United Kingdom
United States
Fund is its second private equity secondary real estate vehicle
United States
United Kingdom
Commercial Tenants Association directly opposes BPF's 'opt-in' recommendation
United Kingdom
United Kingdom
Five assets form part of £1.8 billion ultimately up for sale
United Kingdom
United States
Longtime executive Dan Letter to succeed co-founder of industrial real estate giant
United States
France
Duo reassembles premises and goodwill of five Novotel Suites for just over €100 million
France
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