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March 28, 2025
Wells Fargo to trade downtown Fort Worth tower for upscale retail hub
Banking giant Wells Fargo plans to vacate its office in downtown Fort Worth, Texas, once its new office space is completed at a mixed-use development five-and-a-half miles away.
March 28, 2025
New York's push to revive Brooklyn's industrial sector plays out on the waterfront
New York’s effort to revive Brooklyn’s industrial sector took a major step forward this month with the completed renovation of a turn-of-the-century former shipping terminal that is looking for tenants in the manufacturing and design fields.
March 28, 2025
Neiman Marcus' parent gives downtown Dallas store a reprieve
Neiman Marcus' parent company has changed its mind and is planning to keep the luxury retailer's downtown Dallas store open through the holiday season after repeatedly saying the location would close.
March 28, 2025
Scannell Properties breaks ground on suburban Baltimore spec warehouse
Scannell Properties is looking to capitalize on the largest and fastest-growing industrial market in the Baltimore area with the groundbreaking of a speculative warehouse in Middle River.
March 27, 2025
Tariffs prompt industrial tenants to delay real estate decisions
Not all tariffs on foreign goods have taken effect in the United States, but the uncertainty is already leaving its mark on demand for industrial property.
March 27, 2025
Tampa Bay Rays to open season at minor league facility as redevelopment plans strike out
The city of St. Petersburg is postponing a vote to approve more than $22 million to fix the roof at Tropicana Field as the MLB's Tampa Bay Rays prepare for their home opener game 17 miles away in neighboring Tampa.
March 27, 2025
Former Chinese development partner lists 37 condos for sale at Chicago’s St. Regis tower
Dalian Wanda Group, the Chinese former development partner of the St. Regis Chicago skyscraper, is selling the last portion of its ownership, a portfolio of 37 condominium units.
March 27, 2025
Former Indianapolis jail, car factory slated for mixed-use conversion
Would apartment-seekers be willing to live in a former jail, or might they find that prospect too weird? An Indianapolis development company will soon find out after starting work on the conversion of a former jail and former automotive factory.
March 27, 2025
Trammell Crow and Clarion Partners break ground at Weiser Business Park
Trammell Crow and its joint venture partner Clarion Partners broke ground on two distribution buildings at Weiser Business Park in northwest Houston.
March 26, 2025
Los Angeles leaders urged to rethink rules, processes to rebuild from fires
Real estate professionals and academics are urging Los Angeles leaders to consider allowing self-permitting by owners, issuing special disaster bonds and creating community groups as they rebuild areas of the city in the wake of the most destructive wildfires in California history.
March 26, 2025
Developers look to new frontiers for data centers in the home region of AI
With Silicon Valley running out of space and power to satisfy the exploding demand for data centers, investors have been looking around the San Francisco Bay Area for new sites to power the region's booming artificial intelligence industry.
March 26, 2025
CoStar World News for March 27
March 26, 2025
First US location for European wellness company planned with views of Dallas skyline
A European developer is expected to make a big splash in Texas with plans to spend $800 million to build a wellness resort and hotel just south of downtown Dallas near the convention center that is getting a multibillion-dollar overhaul.
March 26, 2025
Another data center is taking off near Chicago’s O’Hare airport
A Denver-based developer is set to build a data center not far from one it already owns near O’Hare International Airport, a project that comes as Chicago and other major markets head toward virtually zero availability of data storage space.
March 26, 2025
Hyundai's 'metaplant' near Savannah, Georgia, sets course for massive job growth
Hyundai’s new electric car and battery factory near Savannah, Georgia, will be one of the region’s largest employers as it turns out 300,000 vehicles annually, including Kias, the company’s namesake brand and its Genesis electric car line.
March 26, 2025
Luxury development stands out against backdrop of competitive multifamily climate
More than 5,000 units have been added to Denver's ever-expanding multifamily market, yet co-developers Summit Capital Venture Group and The Rockefeller Group took every step to make sure the 250 they built stood out from the competition.
March 26, 2025
Luxury apartment tower to help revitalize Oakland as part of 'extreme mixed-use' development
East Bay developer Colin Behring likes to say that the East Bay is where San Francisco's workforce actually lives.
March 26, 2025
Multi-pronged land deal primes tobacco company's $600 million Colorado development plans
Philip Morris International (PMI) already made waves after closing one of the Denver area's largest land deals, but the firm is preparing an even larger economic development punch with its plans for the site to house a $600 million manufacturing hub.
March 26, 2025
Apartment complex gives residents close access to golfing, recreational options in Augusta, Georgia
In Augusta, Georgia, the Archer Green apartments earned a 2025 CoStar Impact Award, as voted on by local judges with knowledge of the market, for multifamily development of the year.
March 26, 2025
Rail-powered Port of Nevada helps streamline shipments from West Coast
A newly built railroad service just outside of Reno, Nevada, is helping goods shipped into the U.S. travel further inland while cutting down vehicle emissions.

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