REAL ESTATE NEWS - Commercial Real Estate

Stay informed about the commercial real estate market, with a focus on office spaces, retail locations, industrial properties, and large-scale developments.

Irvine Allocates $13M for Administrative Office Construction
The City of Irvine has recently acquired a two-story office building for administrative use, spanning an impressive 57,300 square feet. This acquisition was made for a total of $13 million, as reported by the Orange County Register.
Irvine city council allocates $13 million for new administrative office construction project.
BTB Real Estate Investment Trust (TSE:BTB.UN) Shareholders' Earnings: A Comprehensive Analysis
Maximize Your Portfolio's Potential: Discover How to Beat Market Averages and Uncover Winning Investments
Canadian real estate investment trust BTB.UN shareholders review financial performance in Montreal.
Alexandria Real Estate Equities, Inc. Announces Third Quarter Dividend of $1.30 per Common Share for Q3 24, totaling $5.14 for the year, a 24-cent increase over the previous year's dividend.
Alexandria Real Estate Equities boosts dividend to $5.14 annually, a 5% increase. Discover how they balance shareholder returns with strategic growth investments, allocating $2.1B for development projects.
Alexandria Real Estate Equities CEO announces quarterly dividend payment in Los Angeles.
Defending Industrial Space: A Curious Office Project Encounters Challenges
Willy Pilku, CEO of Core Scaffolding, is determined to transform a neglected site in Red Hook into a modern office building. However, he faces opposition from a local City Council member who is against the project.
Industrial office building under construction in urban area encounters construction challenges.
Macerich to Showcase at BofA Securities 2024 Global Real Estate Conference
MAC to Participate in Key Investor Events in 2024: BofA Securities and NAREIT Conferences Stay updated on MAC's real estate outlook and engage with leadership at upcoming presentations. Learn about investment opportunities in the real estate sector.
Macerich executive presenting at BofA Securities 2024 Global Real Estate Conference podium.
Florida Brokerage Settles Commissions Dispute
The Keyes Company has reached a settlement in the Gibson lawsuit as the settlement fund approaches $1 billion.
Florida brokerage settles commissions dispute with investors in a financial agreement.
Data Center Developer Begins Demolition of Former Sears HQ in Hoffman Estates
Dallas-based developer begins demolition of former Sears world headquarters in Hoffman Estates
Demolition underway at former Sears headquarters in Hoffman Estates, Illinois data center development.
Stunning Lincoln Park property now available for $15M
Experience Luxury Living: Discover Your Dream Home in Lincoln Park
Lincoln Park mansion on market for $15 million with luxurious amenities.
Frankforter Group in Foreclosure Dilemma: Downtown Atlanta Apartments Under Threat
Frankforter Group may lose ownership of luxury apartment complex in downtown Atlanta due to missed debt payments. Generations Atlanta, a 336-unit apartment complex at 369 Centennial Olympic Park Drive, is at risk of foreclosure.
Downtown Atlanta apartments threatened with foreclosure by Frankforter Group financial struggles.
Cole Spends $39M on Retail Buildings in Beverly Hills
Investors Shaaya brothers acquire two retail buildings in Beverly Hills' Golden Triangle for $39.2 million.
Billionaire investor Cole purchases retail buildings in upscale Beverly Hills neighborhood.
Publix's $83M Double Play: Grocer Acquires Two Broward Shopping Centers
Publix expands in South Florida, acquiring two shopping centers in Davie for a total of $83 million.
Publix acquires two shopping centers in Broward County for $83 million.
BXP to Showcase at BofA Securities 2024 Global Real Estate Conference
BXP Executives to Present at Bank of America Securities Global Real Estate Conference in 2024: Discover the Latest Trends, Strategies, and Development Activities in Premium Workplace Management. Catch the Live Webcast Now!
BXP executive showcases company's real estate projects at BofA Securities conference.
LaSalle Street office tower lender takes over Hearn, Fortress
Chicago-based Hearn and Fortress Investment Group, two prominent real estate firms, were unsuccessful in their attempt to prevent a LaSalle Street office building from being foreclosed upon.
LaSalle Street office tower lender acquires Hearn and Fortress companies in Chicago.
KT Urban to construct a seven-story luxury hotel in San Jose
Cupertino-based developer KT Urban has been granted permission to construct a seven-story boutique hotel with 176 rooms near Santana Row in San Jose.
Seven-story luxury hotel under construction by KT Urban in downtown San Jose.
Title: "Carter Bechtol Moves to Triten; Jon Farris Joins Stream Realty"
Industry veteran Carter Bechtol joins Triten Real Estate Partners as a partner and head of Triten Residential. He will manage multifamily holdings, including sourcing developments and acquisitions.
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Beachwood Real Estate Investor Acquires Crocker Commons & Three Other Shopping Centers
Site Centers Corp., a leading real estate company, has recently acquired four convenience shopping centers for a total of $88 million.
Real estate investor acquires Crocker Commons shopping center in Beachwood, Ohio.
Concord Office Building Faces Loan Default Amid Market Failure
A major office complex in Concord is at risk of defaulting on its loan due to a concerning trend of real estate delinquency.
Concord office building at risk of loan default amidst market downturn.
Monmouth Mall's Transformation: A $415 Million Investment
Kushner Companies is revitalizing New Jersey's Monmouth Mall after demolishing 'zombie stores'. With $415 million in financing from Fortress Investment Group and Rithm Capital, the project is set to breathe new life into the area.
Monmouth Mall renovation underway in New Jersey with $415 million investment.

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