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.
Crafts chain Joann now plans to shut all its stores in liquidationA new buyer decided to wind down the business, adding to a pile of U.S. retail closings.
More News
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.
CoStar Insight
Demographics fuel surge in senior housing investmentResident demand for senior housing picks up as the 'silver wave' follows grandkids to new markets.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.
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.
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.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.Hoteliers reconsidering space and revenue as group demand and events slowly returnAs hotels see more demand from group meetings, conferences and large events, hotel operators are reevaluating their revenue strategies with this segment.
Global Report
CoStar World News for Feb. 27Somalia hotel developers seek economic uplift; WeWork settles eviction fight at largest London office; European regions face varied office recoveriesLender takes over one of Minneapolis' largest office towers amid stagnant market recoveryA deed-in-lieu of foreclosure has transferred ownership of the high-rise property following years of plummeting occupancy.
Daily Roundup
Jack in the Box expands; Outback Steakhouse slows new development; Apartment construction stays mutedHere's what you need to know to start your day.How the world’s largest theaters are investing in modern moviegoersAMC and Cinemark to spend up to $500 million this year on high-end upgrades at new and existing locations.
Troubled San Diego mall conversions showcase US real estate identity crisisOne mixed-use redevelopment faces potential foreclosure, as another project starts from scratch with a new buyer.
Eli Lilly raises cost of planned US manufacturing expansion to $50 billionThe pharmaceutical company is increasing manufacturing costs in the U.S. because of tariff threats.
Virginia Tech marks opening of academic building pitched in bid for Amazon’s HQ2The new graduate university campus aims to shape the region’s tech workers.
Exclusive
Cousins Properties' investment playbook capitalizes on national office recoveryThe Sun Belt-focused landlord has scored a major renewal as tenants race to lock down premium space. Neiman Marcus closing leaves downtown Dallas with no department storeThe end of a 99-year land lease is blamed for the retailer's pending departure from its flagship.
US government landlord leverages law enforcement, defense tenants in time of cutsEasterly Government Properties bought a building leased to Northrop Grumman.
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
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
State lawmakers are looking to ramp up filming incentives as entertainment jobs flow to rival locations.
Office availability on Manhattan's Park Avenue drops to lowest level since 2018
The lower rate is a positive sign for the rest of the New York City market, brokerage Avison Young said
People of Note
Workbox hires chief operating officer; Odyssey promotes retail advisory duo; SkyView broadens self-storage business
Read the latest on new hires, promotions and other personnel changes.
Despite pleas of Dallas officials, Saks says it's moving to close Neiman Marcus flagship
The retail chain's new parent said it has to focus on its long-term success.
7-Eleven considers Circle K parent's bid after failing to secure financing
Special committee formed by 7-Eleven to consider $47 billion buyout offer.
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
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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