Columbus
BJ's Wholesale Club to build new distribution center in OhioBJ's Wholesale Club is set to develop its fourth distribution center in Ohio as it looks to expand its supply chain operations in the state.
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Cousins Properties buys into office rebound with $1 billion investment spreeThe Sun Belt-focused real estate investment trust said 2024 was "one of the most productive" years in the landlord's history.
Chart of the Day
Banks appear ready to loosen lending standardsLoan demand is expected to pick up across commercial property types, a Federal Reserve survey said.Earnings
Expedia reports travel bookings grew double-digits in fourth quarterExpedia grew bookings by 12% in the fourth quarter year over year and 9% for full-year 2024.People of Note
CBRE hire boosts New York finance team; JLL adds capital markets leader near LA; Cushman lures rival veteran in Nashville expansionRead the latest on new hires, promotions and other personnel changes.Daily Roundup
Taco Bell parent tests new concepts amid expansion; Forever 21 mulls bankruptcy filing; Jobless claims riseHere's what you need to know to start your day.Colliers posts 22% revenue surge on dealmaking, points to tariff concernsThe Toronto-based brokerage's executives said trade and currency uncertainty could affect its 2025 results.
Global law firm to double DC footprint in relocation upgradeFreshfields is fueling the city's flight-to-quality shift with its lease at the Carr Properties-owned Midtown Center.
Earnings
Hilton's portfolio, performance poised to benefit from favorable macroeconomic factors, CEO saysHilton notched record 7.3% net unit growth in 2024 and expects an additional 6% to 7% on top of that in 2025. Driving culture remains key as hotels continue to be a human-driven businessWhile there's a growing push in businesses to cut jobs and replace them with artificial intelligence, executives say the hotel industry could remain a stalwart since it's such a people-focused business.
Leading US commercial real estate finance and advisory group launches in LondonWalker & Dunlop has enlisted the Artega Capital team and opened an office in Mayfair.
Walmart takes on role of mall landlord with acquisitionThe retailer is joining some other chains buying malls and shopping centers.
Daily Roundup
Private-sector payrolls expand; Disney boosts revenue; Construction hiring slowsHere's what you need to know to start your day.Simon seeks rent growth by upgrading outdated, second-tier shopping centersThe largest U.S. mall landlord is looking to bring in new kinds of tenants such as healthcare facilities.
Brandywine Realty Trust posts occupancy boost despite lingering office challengesThe Philadelphia-based real estate investment trust is pointing to longer lease-ups for its new developments amid sticky uncertainty.
Global Report
CoStar World News for Feb. 6Monaco hotel’s 150-year-old wine cellar keeps history alive; Heathrow expansion tops UK development plans; French residential property investment declinesBroadcasting company bolsters New York City's leasing momentum with large renewalA&E Television Networks recommits to Midtown headquarters building
Brookfield sells South Florida golf course, home to PGA Tour event, to investor groupThe new owners are planning upgrades and additions to the PGA National Resort complex.
Earnings
Few alarms, no surprises for hotel companies this earnings seasonThe rise in labor and insurance costs, along with geopolitical uncertainties, pose some headwinds for what should be a continuation of positive performance in 2025.California hotel deals environment 'reflects disconnect' between buyers and sellersCalifornia saw a difficult 2024, but not a crippling one, due in part to understanding lenders and a government program accounting for a large portion of the deals.
CoStar Economy
Consumers powered the economy last year. How long can they keep it up?Future purchases will likely depend on income growth.Star-studded campaign petitions to keep production in Hollywood after LA firesCalifornia's entertainment industry is calling for more incentives that would increase use of soundstages and related property.
Flaws found in selection of Maryland for new FBI headquartersInaccurate cost estimates and a lack of specifics were cited in a report from the agency's inspector general.
Dell calls employees back to the office five days a weekThe CEO said the company is "retiring its hybrid policy" in a push to get everyone back to in-person work.
Federal government scraps multiple office leases, looks for more across countryThe General Services Administration has terminated 22 leases to try to shrink underused workspace.
Daily Roundup
China issues tariffs on US goods; Office attendance hits new high; Applebee’s, IHOP parent cuts corporate staffHere’s what you need to know to start your day.Featured
CoStar Insight
CoStar Insight
Industrial
Supply-side pressure and closures push large bay availability rate to 10-year high
Industrial
CoStar Insight
CoStar Insight
Multifamily
Data shows that luxury units are also in strong demand
Multifamily
CoStar Insight
CoStar Insight
Analytics
Getting down to the market’s brass tacks of tenant demand
Analytics
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
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
United Kingdom
Portfolio is spread across UK and Europe
United Kingdom
France
Individual property deals and portfolio swaps were more prevalent than 2023
France
United States
Other firms have adopted Industrious' business model of profit-sharing with landlords
United States
Germany
Company execs confident of commercial levers and improving market share
Germany
CoStar Insight
While the Chiefs and Eagles winner is to be decided on Sunday, Kansas City edges Philly in terms of recent property performance.
Marriott is 'a very different, more global' company than 10 years ago, CEO says
Tony Capuano told HNN about layoffs, restructuring, its role as a manager and Starwood's return as a brand company.
Liberated Brands adds to US retail closings with roughly 120 planned
The firm’s Chapter 11 filing includes Volcom and Boardriders locations.
Akridge restructures leadership team as firm develops large DC project
CEO Matt Klein has stepped into the role of chairman, and three long-term executives have assumed positions as managing principals.
Robot rev up: Amazon boosts warehouse tech to speed deliveries
The e-commerce giant expects to shave costs and shipment times through automation and an overhaul of the processing of goods from ships and rail.
Featured
CoStar Insight
CoStar Insight
Industrial
Supply-side pressure and closures push large bay availability rate to 10-year high
Industrial
CoStar Insight
CoStar Insight
Multifamily
Data shows that luxury units are also in strong demand
Multifamily
CoStar Insight
CoStar Insight
Analytics
Getting down to the market’s brass tacks of tenant demand
Analytics
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
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
United Kingdom
Portfolio is spread across UK and Europe
United Kingdom
France
Individual property deals and portfolio swaps were more prevalent than 2023
France
United States
Other firms have adopted Industrious' business model of profit-sharing with landlords
United States
Germany
Company execs confident of commercial levers and improving market share
Germany
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