Macerich plans on selling $100M to $150M worth of property this year as it seeks to pay down the debt that weighs on its balance sheet after more than a decade of rough seas for retailers. The shopping mall REIT posted a $211.2M loss for the fourth ...
Atlanta is seeing an unprecedented data center boom, fueled in part by tech giants like Amazon and Microsoft investing billions of dollars in the region. Kelvion, a global manufacturer of industrial heat exchange solutions, sees a need for its thermal ...
As part of President Donald Trump’s mandate to cut down federal office space, two of San Francisco’s most noteworthy federal office buildings are reportedly being considered for sale, according to the San Francisco Chronicle, citing an internal General ...
Condo associations of buildings 30 years or older had until Dec. 31 to complete a structural integrity assessment and start funding reserves to cover repairs as a result of a law passed in the wake of the 2021 Champlain Towers South condo collapse that ...
Newmark has hired Mueller as vice chairman in its D.C. office, the brokerage announced Tuesday. He will “spearhead” agency leasing efforts in the city, Newmark said, with a focus on office landlord representation. Mueller had been with JLL since 2012 and ...
10 years ago, commercial real estate brokerage Lee & Associates expanded its national presence by opening the doors to its 55th office, in Houston, Texas, with four CRE professionals and an assistant at the helm. Among the CRE professionals was Managing ...
... . Ashen acquired a stake of up to 20% in Sibner IM, a subsidiary of Sibner Group, which has a rented residential ...
After 22 years at the helm, Senior Managing Director Mark Talgo plans to retire from leading New York Life Real Estate Investors in June, and Thomas O’Hanlon, NYLREI's managing director, is set to take over. While keeping his role as managing director, O’ ...
The billionaire investor who made his name in hospitality is bringing back Starwood Hotels, the brand that sold to Marriott International for more than $12B in 2015. The resurrected brand will include three chains owned by Sternlicht, with plans to build ...
The properties, CityNorth 1 and CityNorth 6, are both part of the former Exxon Mobil campus in the Greenspoint submarket. Dallas-based Lincoln Property Co. acquired the six-building complex in 2017, two years after Exxon moved out, when it had the highest ...
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