Columbus
Private equity firm buys Columbus hotel with plans to convert into apartmentsA private equity real estate firm has acquired a Columbus, Ohio, hotel with plans to convert it into apartments.
PSC Crane & Rigging to take over Columbus-area warehousePSC Crane & Rigging kicked off the new year with the purchase of a warehouse in Plain City, Ohio, to expand its operations.
Top Property Sales Recognized for Columbus A prominent multifamily deal handled by Eastdil Secured and an industrial disposition arranged by JLL are among the top fourth-quarter property sales recognized by CoStar.
Top Office Leases Recognized for ColumbusProminent office leases signed by Lancaster Colony, the FBI and Ask Chemicals, and negotiated by top dealmakers from Colliers and JLL, are among the fourth-quarter office leases re...
Top Industrial Leases Recognized for ColumbusProminent industrial leases signed by Beitler Logistics Services, Crane Worldwide Logistics and NFI Industries — and negotiated by top dealmakers from the likes of JLL — are among ...
Top Retail Leases Recognized for ColumbusProminent retail leases signed by Best Buy, Furniture Plus and Value Home Center, and negotiated by top dealmakers from Capitol Real Estate Advisors and Green Earth Realty, are amo...
More News
Trump administration moves to cut nearly 100 federal leases as real estate shake-up growsMore than 2 million square feet of space has been targeted so far in a national cost-cutting effort.
Blackstone lands extension of $1.3 billion loan on Chicago’s tallest skyscraperWillis Tower’s owner has up to five more years to pay debt.
Kirkland’s may convert ailing stores to Bed Bath & Beyond or Buy Buy BabyThe retailer also plans to close underperforming locations.
Daily Roundup
Southwest Airlines plans job reductions; Barings to acquire Artemis; Federal cuts spur jump in DC jobless claimsHere’s what you need to know to start your day.Design & Construction
Rock quarry company renovates headquarters to showcase outdoor connectionsVulcan Materials upgraded its Alabama office for the first time in decades.People of Note
Cushman banks on veteran to grow finance team; JLL expands Tennessee development group; Colliers taps executive to boost healthcare businessRead the latest on new hires, promotions and other personnel changes.HNN Video
Growth in India, rebound in China could help fuel Accor's international ambitionsAccor's Jean-Jacques Morin sees reasons for optimism across the globe.Acquisition of Ruby Hotels brand 'hits the spot' for IHG Hotels & Resorts, CEO saysIHG Hotels & Resorts is acquiring German hotel brand Ruby Hotels for €110.5 million, which dominated IHG's earnings conference call Tuesday morning.
Daily Roundup
Weather cuts into US retail sales; Data centers lead construction momentum; Household debt risesHere’s what you need to know to start your day.Unibail-Rodamco-Westfield recommits to owning US mallsRetail bright spots are prompting the firm to hold on to high-performing retail properties.
Marcus & Millichap, Newmark posted profits, but see economic concerns growProperty brokerage executives remain bullish in the face of some client skittishness about the effects of lingering inflation and new economic policies.
Fortune 500 energy supplier to expand headquarters near BostonGlobal Partners is set to relocate its corporate hub to a newly renovated office complex in Newton.
Office recovery boosts Newmark revenue as executives maintain bullish outlookThe New York-based brokerage highlighted expected growth in office leasing and capital markets, despite global geopolitical and economic uncertainty.
HNN Video
2025 could be the year of the hotel specialist, Noble Investment CEO saysMit Shah said his firm will continue to key in on urban and midscale, extended-stay hotels.Hotel industry in need of greater innovation, efficiency, leaders sayHotel executives believe rising costs, persistent labor challenges could be alleviated with tech investments.
Exclusive
TGI Fridays focuses on franchisees and hotelsUnder new management, the chain plans to explore different venues, the CEO saidTrump considers new reciprocal trade tariffs; Chevron plans workforce reductions; Producer price inflation risesHere’s what you need to know to start your day.
People of Note
CBRE hires duo to grab San Diego business; Redgate names partners in eastern expansion; NAI Hiffman taps veteran to grow US servicesRead the latest on new hires, promotions and other personnel changes.Earnings
Hyatt CEO: Investor interest in all-inclusive resorts up as segment hits 'inflection point'Hyatt plans to focus on brand optimization and opportunities in all-inclusive property sales and continues to evolve to fee-based revenue growth.Teen's Los Angeles wildfire charity expands with help from global brokerageJLL aided Altadena Girls in securing an office for a Pasadena community center.
CBRE’s earnings top expectations as office leasing jumpsThe world’s biggest property services company sees gains in markets including New York, San Francisco, Los Angeles, Chicago, Washington, D.C., and Boston.
Earnings
MGM Resorts looks to lead industry with groups, meetings business in 2025During MGM Resorts International's latest earnings call, company executives spoke about the strong momentum built up in 2024 and how they're looking to carry that trend through the rest of 2025.Earnings
Wyndham execs expect a rebound in US travel in 2025Speaking during the company's fourth quarter and full-year 2024 earnings call, President and CEO Geoff Ballotti said infrastructure spending and confident leisure travelers will drive 2025 performance.CMBS Notebook
Short-term office borrowers struggle; Pyramid deal tops loan resolutions; Baltimore high-rise tied to big lossA weekly look at the commercial mortgage-backed securities business.Aimbridge is out of 'the penalty box,' CEO saysIn an interview with HNN, Aimbridge Hospitality CEO Craig Smith spoke about being able to focus more on performance for its hotel owners now that its debt issue is resolved.
Featured
CoStar Insight
CoStar Insight
Analytics
Changing construction trends will impact downtown’s rental premium
Analytics
CoStar Insight
CoStar Insight
Analytics
More than 14 million square feet of leases are scheduled to expire in next four years
Analytics
CoStar Insight
CoStar Insight
Hospitality
Bifurcation story remains front and center in 2025 outlook
Hospitality
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Our complete coverage looking ahead to the new year
Analytics
International News
Analysis
Analysis
United Kingdom
Modest expansion and a strong December eases pressure on the chancellor and provides some optimism following recent forecast downgrades
United Kingdom
Spain
Carbon offsetting is under particular European scrutiny
Spain
United States
Canada, UK outpace Hollywood's home state as Los Angeles invests in soundstages
United States
France
France's most-transacted asset class in 2024, the sector has established itself as a new real estate powerhouse
France
CoStar Insight
CoStar Insight
United Kingdom
CoStar index shows innovation, logistics and events hubs among best relative performers
United Kingdom
France
The 34th edition will feature five major highlights
France
Germany
Sister publication Thomas Daily tallies the biggest transactions of the year
Germany
United States
The central bank maintained borrowing costs at 4.25% to 4.5%
United States
Irvine Co. boosted its office leasing volume by 17% after investing $538 million in upgrading its real estate.
End of an era: Neiman Marcus to close downtown Dallas flagship store
The retailer has sold luxury goods at the location for more than a century.
CoStar Insight
Office demand reconnects with job growth
These buildings face a multilayered employment outlook for the industries that occupy them.
Richmond’s historically industrial riverfront gets a makeover
New music venue, offices and restaurants are driving interest in a changing part of the Virginia capital.
Breaking News
KFC parent shifts more workers from Kentucky to Texas
Yum Brands plans to have U.S. brand headquarters in Texas and California.
Featured
CoStar Insight
CoStar Insight
Analytics
Changing construction trends will impact downtown’s rental premium
Analytics
CoStar Insight
CoStar Insight
Analytics
More than 14 million square feet of leases are scheduled to expire in next four years
Analytics
CoStar Insight
CoStar Insight
Hospitality
Bifurcation story remains front and center in 2025 outlook
Hospitality
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Our complete coverage looking ahead to the new year
Analytics
International News
Analysis
Analysis
United Kingdom
Modest expansion and a strong December eases pressure on the chancellor and provides some optimism following recent forecast downgrades
United Kingdom
Spain
Carbon offsetting is under particular European scrutiny
Spain
United States
Canada, UK outpace Hollywood's home state as Los Angeles invests in soundstages
United States
France
France's most-transacted asset class in 2024, the sector has established itself as a new real estate powerhouse
France
CoStar Insight
CoStar Insight
United Kingdom
CoStar index shows innovation, logistics and events hubs among best relative performers
United Kingdom
France
The 34th edition will feature five major highlights
France
Germany
Sister publication Thomas Daily tallies the biggest transactions of the year
Germany
United States
The central bank maintained borrowing costs at 4.25% to 4.5%
United States
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