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.

Former Chicago Bear's development project focuses on Motor Row with a hotel centerpiece
Former Chicago Bear Israel Idonije revamps Hudson Motor Building into 154-room boutique hotel.
Former Chicago Bear's development project in Motor Row features a luxury hotel.
Hong Kong Stocks Decline Amid Lingering US Trade Tensions
Asian markets mixed: Hang Seng falls 1.08%, Nikkei rises on rate cut hopes, ASX 200 hits new record.
Hong Kong stock market declines amidst ongoing US trade tensions uncertainty.
Longpoint Acquires $331M South Florida Warehouse Portfolio from Blackstone Group
Longpoint Realty Partners Acquires $331.3M Blackstone Warehouse Portfolio in South Florida.
South Florida warehouse portfolio acquired by Longpoint for $331 million from Blackstone.
Riverside Office Park Sold to Dunbar for $19 Million
Dunbar Real Estate buys 138,700-sq-ft business park in Riverside for $19M.
Dunbar purchases Riverside office park in California for $19 million sale.
Greg Bialeki's Lasting Impact: From Real Estate to Life Sciences in Massachusetts
Bialecki's legacy: New roads, relaxed zoning, and thousands of biotech jobs created under his leadership.
Greg Bialecki, Massachusetts business leader, transitions from real estate to life sciences.
Oakland Investor Acquires Office Complex at $65 per Square Foot
Oakland Landlord Affiliate Lands Office Complex at Reduced Price of $13 Million.
Oakland investor purchases office complex at $65 per square foot in California.
Blackstone Settles Tenant Lawsuit for $15 Million Over Rent Disputes
Blackstone pays $15M to settle rent-stabilization overcharge claims at NYC's Parker Towers.
Blackstone settles tenant lawsuit in New York City over rent disputes.
Elie Schwartz Charged with Federal Crimes in Nightingale Case
Nightingale Properties CEO Elie Schwartz Faces Arraignment Amid DOJ Probe and Expected Federal Charges.
Elie Schwartz arrested on federal charges related to Nightingale case investigation.
Toronto Fall Real Estate Market Slows Down
Toronto area sales momentum: Did October's uptick persist into November?
Toronto real estate market slows down amidst autumn season slowdown.
Parkview initiates foreclosure proceedings at Yonkers property
Yonkers Self-Storage Facility: A Once-Foolproof Investment Now Threatened by High Costs and Interest Rates.
Parkview forecloses on Yonkers property, initiating legal action against owner.
Multifamily Growth Outpaces Housing Shortage Despite 54% Increase
Multifamily units surged 54% since 2005, outpacing single-family home growth at 16.7%.
Multifamily housing growth surges in US cities despite severe housing shortage.
Loop Office Tower Faces $75 Million Foreclosure Lawsuit Against Accesso Partners
Accesso Partners faces potential loss of Chicago office building due to unpaid $75M debt.
Loop Office Tower in Chicago faces foreclosure lawsuit by Accesso Partners for $75M.
New Jersey Developer Sues Lender Over Foreclosure of Mixed-Use Property
Meyer Chetrit Sues Lender After Defaulting on $54 Million NJ Property Mortgage
New Jersey developer sues lender over foreclosure of mixed-use property in dispute.
Real Estate Investors (LON:RLE) Shareholders Suffer 10-Year Decline
Achieving Higher Returns Than the Market: A Challenge Even Top Stocks Face
UK-based real estate investors RLE shareholders experience decade-long stock decline.
Apple expands presence in Philadelphia's University City neighborhood
Apple expands into new space on Penn 11's 11th floor, adding 61,000 sq ft and reaching 460,000 sq ft total.
Apple store opens in Philadelphia's University City neighborhood, expanding local presence.
Fort Worth Landmark Office Property Sold to Wilks Development
Wilks Development expands commercial portfolio with acquisition of One Ridgmar Centre in west Fort Worth.
Fort Worth office building sold to Wilks Development company in downtown area.

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