Italian fashion house Prada sees runway for growth with $1.4 billion Versace deal
Capri slated to sell its troubled brand
Upscale Italian fashion house Prada Group sees growth potential across categories and geographies for Versace, the fellow Italian luxury brand that it is acquiring for $1.4 billion...
Centennial taps JLL retail veteran Maloney as strategy officer
Firm is gearing up to fast-track national expansion
Retail landlord Centennial is adding a JLL veteran to its team as it accelerates its national expansion and hunts for acquisitions.
Layne’s Chicken Fingers spreads its wings in expansion push
Texas-based chain targets having 45 restaurants this year
Layne's Chicken Fingers is expanding both in and beyond its home state of Texas, looking to have 45 restaurants by year-end as feathers fly in the chicken-chain wars.
Prologis acquires pair of New Jersey industrial properties for $197.4 million
Logistics giant adds to its growing Garden State portfolio
Logistics giant Prologis has picked up a pair of industrial properties at Exit 8A of the New Jersey Turnpike for $197.4 million, marking one of the largest such sales recently in t...
New Jersey offers tax incentives for cultural arts development
Applicants are eligible for up to $75 million per project
New Jersey is offering tax incentives of up to $75 million per project for the development and rehabilitation of venues such as performing arts centers and museums.
Nestle tops list of first quarter’s biggest North Jersey industrial leases
But Garden State logistics market sees overall slowdown
In Northern New Jersey five big new industrial leases for over 1 million square feet were inked in the first quarter, even as demand in that commercial real estate sector softened.
East Hampton’s Prada store sells for big-ticket price
Small corner shop commands $10.25 million — $2,563 a square foot
A small Prada store has sold for a lofty price.
Big Lots revival launches under new ownership
Just over 200 stores are slated to reopen this year as chain avoids extinction
The new owner of Big Lots is relaunching the chain it rescued, starting to reopen the more than 200 stores it acquired as part of the retailer's bankruptcy.
New wave of tariffs expected to rock US retail
Analysts predict higher prices for consumers, lower margins for chains
President Donald Trump accelerated a global trade war this week in a move that's expected to dramatically disrupt the U.S. retail industry, a major user of commercial real estate.
Seritage CEO to exit as firm nearly completes selling its portfolio
Owner of former Sears, Kmart stores has only 15 properties left as Olshan's set to depart
The CEO of Seritage Growth Properties, once the owner of scores of former Sears and Kmart locations, is stepping down as the company nearly finishes selling off its real estate por...
Watchmaker Casio to sell Dover, New Jersey, headquarters and move to Jersey City
Consumer electronics firm also has new distribution center in Nevada
Consumer electronics maker Casio America is selling its headquarters campus in Morris County, New Jersey, and relocating to the Hudson River waterfront.
Dollar Tree to sell Family Dollar for $1 billion, a fraction of what it paid
Private equity deal marks loss for discount giant after decade-long turnaround effort
Discount giant Dollar Tree is offloading Family Dollar at a bargain basement price, roughly $1 billion, after spending about a decade of unsuccessfully trying to turn around the ch...
Massive logistics park adds to New Jersey’s status as a national industrial hub
Commercial development of the year for Northern New Jersey
Central 9 Logistics Park is a blockbuster industrial project even for New Jersey, a national hub for distribution centers and warehouses.
A tiny parcel's $48.5 million sale advances Journal Square's transformation
Sale/acquisition of the year for Northern New Jersey
A tiny plot of land, just two acres, will become home to two soaring apartment towers and the North American satellite of a prestigious French art museum in Jersey City, New Jersey...
Expanding healthcare firm gives suburban Pittsburgh office property a new lease on life
Lease of the year for Pittsburgh
West Virginia University Health System has given a big shot in the arm to a Pittsburgh area business park and one of its buildings.
Big industrial project gets lift from retail giant TJX as anchor tenant
Lease of the year for Northern New Jersey
Russo Development and Forsgate Industrial Partners took a big gamble roughly 10 years ago when they successfully bid on a 718-acre parcel, an area packed with remediated former lan...
Apartment sale raises Pittsburgh market's profile among multifamily investors
Sale/acquisition of the year for Pittsburgh
Last year, Pittsburgh saw historically low sales of multifamily properties, in large part due to high interest rates. However, the market staged a bit of a recovery when an Indiana...
Striking apartment tower invigorates Newark’s university area
Multifamily development of the year for Northern New Jersey
A new 15-story apartment tower in Newark, New Jersey, is contributing to the revitalization of the city's University Heights neighborhood and adding a uniquely designed building to...
Downtown Pittsburgh's first office tower in decades feted as an Impact Award winner
Commercial development of the year for Pittsburgh
The $300 million FNB Financial Center, completed last fall, is the first multi-tenant office tower added to the downtown Pittsburgh skyline in 40 years. The 26-story building, meas...
Taconic expands New Jersey footprint with $74.3 million industrial purchase
New York firm buys fully occupied warehouse property
Taconic Partners is expanding its presence in the Garden State by acquiring a 360,000-square-foot industrial facility for $74.3 Million in North Brunswick.