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Bob Evans Farms Inc. plans to close 20 of its restaurants following a comprehensive unit-level performance review of its portfolio. The closures will take place over the next 12 months, with the majority of locations to close by the end of May 2015. Locations have not been disclosed. Approximately 780 restaurant workers will be impacted by these...
Oregon-based athletic wear company Nike has signed an 11-year lease for 147,000 square feet in a new mixed-use development being built by The Durst Organization at 855 Sixth Ave. in New York City. Nike...
It's time to update those contact managers with CoStar's People of Note , reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City...
Shorenstein Properties LLC has closed on its acquisition of the 1818 Beneficial Bank Place office building at 1818 Market St. in Philadelphia, PA. Sovereign Capital Management sold the asset for...
Kamber Management and The Lightstone Group have sold their respective leasehold and sub-leasehold interests in the office building at 1407 Broadway in New York City for $330 million, or $300 per square...
Private real estate fundraising had its most successful quarter in two years, with 24 private real estate funds reaching a final close and raising $29 billion in institutional commitments, according to...


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