April 3, 2025
URW announces successful tender offer for its NC2028 hybrid bonds
In a press release, Unibail-Rodamco-Westfield announced the "success" of the tender offer launched on March 26, which expired at 4pm yesterday.
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April 2, 2025Google lists office in latest move to shrink greater Seattle footprint
Google plans to close its offices in Bellevue as the tech giant consolidates its Seattle-area operations to its campus in neighboring Kirkland.
April 2, 2025Federal government adds another eight properties to those it wants to sell
The federal government has listed another eight properties across the United States that it hopes to get rid of as part of the Trump administration's strategy to shrink the government's real estate footprint.
April 2, 2025Trump unveils sweeping tariff plans; Private payrolls grow in March; Tesla deliveries drop
Trump unveils sweeping tariff plans
April 2, 2025Intuit almost triples footprint in Manhattan’s East Village
TurboTax software maker Intuit has about tripled its New York office footprint in an expansion lease. The deal in Manhattan’s East Village is another sign of tech tenants’ increasing activity in the market.
April 2, 2025Eccentric former entertainment venue in DC hits the auction block
A former entertainment venue in the Ivy City neighborhood of Northeast Washington, D.C., is going up for auction.
April 2, 2025Publix, Chipotle sign up for space at shopping center in Nashville suburb
The developer of a new shopping center in a suburb of Nashville, Tennessee, has secured nine tenants ahead of its projected October opening, including a Publix supermarket that will anchor the property.
April 2, 2025Hudson Pacific pays down debt for West Coast office portfolio
A West Coast real estate investment trust has tapped the commercial mortgage-backed securities market to pay down debt in a sign that investors are willing to invest in large urban office properties despite economic uncertainties.
April 2, 2025Atlanta-based firm adds to data center boom near Chicago’s O’Hare airport
An Atlanta-based data storage developer has paid more than $21 million for land near Chicago’s O’Hare International Airport, where it plans to add to an already busy slate of projects in the area.
April 2, 2025Florida boutique investment firm buys Houma Highlands apartments
Atlanta-based ECI Group completed the disposition of the 378-unit Houma Highlands apartments at 461 S. Hollywood Road in Houma, Louisiana, the largest city in the Louisiana parish of Terrebonne.
April 2, 2025Prudential’s PGIM raises $2 billion for data centers
Prudential Financial has followed its insurance competitors into the data center market by hauling in billions to spend on new developments.
April 2, 2025Multifamily banker joins Los Angeles affordable housing developer
A longtime multifamily finance executive is moving from the lending side of the business to the development front lines, joining a faith-based Los Angeles firm focused on addressing California’s housing shortage.
April 2, 2025Adobe consolidates offices as employers gain leverage with relocation demands
After years of employees holding the upper hand over where and how they work, companies looking to consolidate their office portfolios have gained some newfound leverage in making relocation demands.
April 2, 2025Mets owner, Hard Rock add affordable housing to casino bid
As competition for New York’s coveted casino licenses heats up, Steve Cohen, the New York Mets owner and billionaire hedge fund investor, and his partner, Hard Rock International, have added an affordable housing proposal to increase their odds of winning.
April 2, 2025Miami-Dade approves largest affordable housing project in county history
Change is coming to Miami’s Little River and Little Haiti neighborhoods after Miami-Dade County approved a major redevelopment plan for the historically underserved areas.
April 2, 2025Chartwell spends nearly $250 million on Quebec City-area retirement properties
Canada’s largest owner of retirement homes continues to expand in Quebec, making almost $250 million in new acquisitions in the Quebec City area.
April 2, 2025Offshore wind farm cable supplier closes on land for major manufacturing hub in Virginia
A power cable manufacturer that serves the offshore wind farm industry moved a step closer to developing what it said would be the largest submarine power cable manufacturing plant in the United States.
April 2, 2025Investor snaps up Skims headquarters in one of LA's priciest office sales in years
Kingsbarn Realty Capital has snapped up a building on the Hollywood Walk of Fame fully leased to a fast-growing fashion brand. The top-dollar deal serves as the latest sign of brighter times for the national office market.
April 2, 2025In quest to sell more food options, convenience stores expand property sizes, seek new locations
As sales of prepared foods rise, U.S. convenience stores are expanding the size of their locations to add kitchens and offer a wider selection of healthy foods to appeal to younger consumers.
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