An aerial shot of the 140-acre site around the BB&T Center in Sunrise, FL. Broward County is looking for a designer and developer for the land. Credit: Broward County. Wedged between the Florida Everglades and the Atlantic Ocean, Broward...
Global biopharmaceutical group Ipsen is moving its North American headquarters to Cambridge, MA, the Paris-based company disclosed at the 2018 BIO International Convention held this week at the Boston Convention & Exhibition Center. Over...
After opening 27 stores in the U.S. in the past 15 years, iconic Swedish component-furniture retailer IKEA has called off expansion plans in three markets while it considers making potentinally far-reaching changes to its growth plans in...
Inspired by Seattle's controversial effort to levy a 'head tax' on its largest employers, the Silicon Valley cities of Cupertino, home to Apple's new spacehip complex, and Mountain View, the location of Alphabet's sprawling Googleplex,...
Pictured: Chatsworth Apartments in Roswell, GA, one of two communities sold earlier this week by Titan Real Estate Investment Group and Investcorp International.While shiny new apartments in Atlanta's Midtown and Buckhead areas garner...
Bechtel's primary office in Reston, VA. Global engineering and construction firm Bechtel announced plans to relocate its global headquarters from San Francisco to an expanded presence in Reston, VA, where the operational headquarters for...
It's been about a week since Texas icon and entertainer Billy Bob Barnett closed Big Beat Dallas, a handful of bars and restaurants located within the brand new Toyota Music Factory entertainment district in Irving, TX, but the...
Long known as a dormant corner in downtown Los Angeles, Sunset Boulevard may soon transform with a large mixed-use development by Palisades Capital Partners LLC at 1111 Sunset Blvd. The 1111 Sunset Boulevard development has been in the...
Mars Wrigley Confectionery U.S., the maker of legendary candy brands including M&Ms, Milky Way, Galaxy, Orbit and many more, has closed on a deal to return to its roots in Newark, NJ, where M&M’s were created. But the Brick City is...
XTO Energy Inc., a subsidiary of Irving, TX-based Exxon Mobil, which is moving its headquarters to Houston this summer, is selling off its second-to-last building in downtown Fort Worth, TX. XTO Energy plans to sell its 24-story,...
One of downtown Minneapolis’ largest office and retail centers has been sold to an entity controlled by a division of Seoul, South Korea-based giant Samsung Group. As reported yesterday by CoStar News, Haikou, China-based multinational...
The new Alliance of American Football will play its San Diego games at SDCCU Stadium, formerly Qualcomm Stadium, on a site where multiple development issues remain to be decided.Photo Credit: Twenty20 /mark619. San Diego still has much...
The Hilton Garden Inn was one of three Hilton-branded hotels MCR acquired in Champaign, Illinois, last month. Hotels remain popular with investors as new investment capital continues to flow into the surprisingly active hospitality...
Rendering of Dalian Wanda Group's $1.2 billion One Beverly Hills luxury condo and hotel project in Beverly Hills, currently on the market for sale. Just when Chinese investment in the U.S. seemed completely dead, it may be showing a...
Heitman has struck a deal to acquire 28 State Street in downtown Boston in the largest office trade in the city this year. An investment vehicle affiliated with the Chicago real estate investment manager paid $418 million, or slightly...
Moffett Towers I totals 1.8 million square feet of office and R&D space on 52 acres. Amazon.com has leased two buildings in Jay Paul Co.’s Moffett Towers I development in Sunnyvale, CA, bringing the internet reseller's total occupied...
Atlanta's iconic but forgotten circular tower on the Perimeter has been sold to a local group that plans to convert it to a seniors housing community. Peacock Partnership closed on the 15-story, 165,000-square-foot Presidential Tower at...
Beleaguered Chinese multinational conglomerate HNA has sold Minneapolis’ City Center for $320 million. According to sales documents released on Wednesday morning, an as-yet unidentified buyer purchased the sprawling, 1.62...
Pictured: DCT Industrial's headquarters building at 555 17th St. in downtown Denver.Prologis Inc.’s $8.4 billion acquisition of Denver’s DCT Industrial Trust Inc. means the closure of DCT’s Denver headquarters, costing between 55 and 59...
McNair Interests, a private investment and management company, revealed plans to turn a vacant six-acre site in Houston’s Uptown district into a 1.2 million-square-foot luxury mixed-use project. The development, dubbed 3200 Post Oak...
Even Geoffrey has to go. The Toys R Us liquidation has expanded beyond its stores to its headquarters in Wayne, NJ, where the site's contents - including the failed retailer’s giraffe mascot - are all up for sale. The company, in the...
Turns out tech titans building futuristic headquarters in Silicon Valley is becoming a thing. Nvidia Corp., which designs and produces advanced graphics processing chips for gaming and professional computing platforms, plans to begin...
If a study by professors at two Florida universities is any indication, demand for multifamily housing should hold steady for the foreseeable future. Across much of the country, consumers who rent and reinvest the potential savings...
Pictured: McDonald's Corp.'s new headquarters at 1045 W. Randolph St. in Chicago.McDonald’s Corp. moved "home" Monday, relocating back to downtown Chicago in a state-of-the art headquarters that aims to define a fresh corporate direction...
Chicago-based LaSalle Investment Management has acquired the T3 building, a seven-story structure that was described by Architect magazine as the "largest modern mass timber building in the USA" when it was completed in 2016. LaSalle...
Lord & Taylor will be exiting its flagship store at 424 Fifth Ave. in Manhattan as part of a business streamlining. After disclosing a C$400 million loss in its first quarter, Toronto-based Hudson's Bay Co. (HBC) announced it intends to...
The largest industrial market in the nation by square feet is about to swell again as walls go up on Marina Crossings, the biggest speculative industrial development under construction within Chicago’s city limits since 1905. That was...
Barbara Gerovac and her husband founded Anaheim Brewery in a former Packard dealership, helping to revive the formerly dormant Orange County location. Image credit: Jacquelyn Ryan By: Jacquelyn Ryan and Lou Hirsh On weekend afternoons,...
Kevan Gorrie, the chief executive who led Pure Industrial Real Estate Trust through its $3.8 billion sale last month to Blackstone Property Partners and Ivanhoé Cambridge, is moving on to take the same post at Granite REIT. Toronto-based...
One of Minnesota's largest construction companies has been chosen to spearhead redevelopment of 25 acres embracing Allianz Field, a $250 million stadium in St. Paul, MN that will be home to the state’s professional soccer team, the...
Pictured: Newly appointed Executive Managing Director Mark Mulvey (left) and Vice Chair Rick Swartz, two of a number of promotions announced at Cushman & Wakefield Boston. Cushman & Wakefield has completed a round of promotions in its...
MCR purchased this Courtyard by Marriott Milwaukee in February for $24.5 million ($145,000/room) with proceeds from its first fund. MCR, the hotelier behind the High Line Hotel in Chelsea and the upcoming TWA Hotel at JFK, has just...
Greater Atlanta, already drawing interest from data center operators as the ninth-largest (and fast-growing) U.S. metropolitan area, is seeking to increase its bandwidth for data center investment thanks to a new state law extending tax...
Image credit: Prologis Five real estate companies, including three publicly traded REITS, recently landed on the list of the 25 largest corporate providers/users of solar power. The Solar Energy Industries Association listed Prologis,...
Infographic by Jones Lang LaSalle Inc. Industrial buildings are getting taller. A lot taller. Over the last 60 years, industrial buildings in California's Orange County have grown nearly 50 percent taller, to an average clear height of...
The Hackensack Meridian Health School of Medicine at Seton Hall University opens on the former Hoffmann-La Roche campus located between Nutley and Clifton, NJ. Credit: Linda Moss for CoStar Group Inc.
Hotel construction has increasingly become part of the view as locals and tourists cruise down Sunset Blvd. in West Hollywood, CA.Credit: Karen Jordan for CoStar Group Inc. Driving down the Sunset Strip these days, it’s impossible to...
Courtesy: Crocker PartnersCrocker Partners, a prominent developer and landlord, is accusing the city of Boca Raton, FL of imposing what amounts to a building moratorium. Last year, the Boca Raton-based real estate firm unveiled plans for...
German financial giant Deutsche Bank reports it will downsize in a move from 60 Wall St. (pictured, left) to One Columbus Circle (right) as part of an aggressive restructuring aimed at cutting real estate costs.Deutsche Bank AG Chief...
Pictured: Spencer Levy, head of research and senior economic advisor at CBRE. Spencer Levy, head of research and senior economic advisor for CBRE, the country’s largest multifamily brokerage, has a reassuring message for all those owners...
With a mandate from shareholders to grow, Jon E. Bortz, chairman, president and chief executive of Pebblebrook Hotel Trust, privately reached out in early March to Stuart Scott, chairman of LaSalle Hotel Properties, with an offer to join...
RKF Retail Holdings' namesake Robert K. Futterman will join Newmark as chairman of a new retail leasing division called Newmark RKF. Image credit: RKF Retail Holdings In a move to expand its retail services platform in New York City and...
LONDON -- The Ministry of Sound, this city's famed house music destination, is preparing to debut a workspace concept that might be described as co-working meets private member's club. Speaking to CoStar News, Lohan Presencer, chief...
Sears Holdings Corp. is ramping up Sears and Kmart store closings again this year, announcing Thursday that 100 more sites will go dark as it struggles to recapitalize and right-size its footprint and merchandising. On a pre-recorded...
Pictured: 1414 Wynkoop St. in Denver's Lower Downtown area, where Chipotle operates nearly 47,000 square feet of office space.When a corporate relocation happens, especially one like Chipotle Mexican Grill's suprise decision to leave its...
Let the healing begin at the 104-year-old Old Cook County Hospital, which ducked the wrecking ball but has been in an ongoing state of deterioration since it was abandoned in 2002. Private developer Civic Health Development Group closed...
LONDON -- Aviva Investors, the global asset management business of European insurance giant Aviva plc, announced an ambitious plan to reshape itself, combining its real estate holdings, infrastructure, structured finance and private debt...
Tyger River Industrial Park, Moore, SC. Image credit: Colliers International Specialty coffee manufacturer Keurig Green Mountain, Inc. has unveiled plans to build a roasting and packaging facility in the Tyger River Industrial Park North...
The Plaza at the Border is the second retail property in recent weeks to be placed on the market in San Ysidro, CA, by owner The Shamrock Group. Situated near Mexico, San Diego’s San Ysidro has long been popular with outlet bargain...
RioCan Real Estate Investment Trust has formally listed its 10 shopping centres for sale in London, in a move that will mark the REIT's exit from the southwestern Ontario town. RioCan has retained RBC Capital Markets to shop the 10...