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Sears Holdings Plans for Proceeding With Chapter 11 Bankruptcy Protection
Second day of a Sears store closing sale at Miami International Mall. Photo credit: Phillip Pessar via Flickr. Sears Holdings is stepping into an unfamiliar world as the 125-year-old retailer, once the world’s biggest, navigates Chapter 11 bankruptcy...

Did You Hear? Pollack Shores Picks Wilhelmson to Lead Texas Charge
Nick Wilhelmson had a pretty good gig at Alliance Residential Group. As Alliance’s Dallas development director, he was on a roll, overseeing the creation of more than 4,000 apartment units in the past three years.But the chance to help a growing apartment...

Sears Files for Bankruptcy as Retailer Seeks to Reorganize Around 'Smaller Store Platform'
National retailer Sears Holdings filed for protection from creditors. Sears Holdings, the 125-year-old national retailing icon that defined how -- and where -- America shopped for more than a century, filed for bankruptcy protection Monday. It is the...

Federal 'Opportunity Zone' Investment Rules May Come This Month as Cost Estimates Rise
Projects like the proposed Colorado Outdoors Recreation Business Park in Montrose, Colorado, are in areas covered by the federal Opportunity Zone program that may get final guidelines this month. Final guidelines may come this month from the federal...

California Ballot Measure Seeking to Cap Profits at Dialysis Clinics Prompts Closing Concerns
A California ballot proposition that would cap profits at fast-growing dialysis clinics has set up a clash between labor unions and two of the largest kidney care providers that rank among the top U.S. commercial property tenants. The fight has become...

Nashville Ranks Among US Markets With Most Office Space Under Construction as a Percentage of Their Size
Aerial of One Bellevue Place in Nashville. Nashville’s economy and office market are among the strongest performing in the nation. Office-using employment growth has been exceptional, averaging about 40 percent higher than it was at the height of the...

CoStar Group's Statement on Its Acquisition of Largest UK Commercial Property Marketplace Realla
CoStar Group, the leading global provider of commercial real estate information, analytics and online marketplaces, has announced its acquisition of Realla, the UK’s largest public portal specialized in commercial property. Read the full announcement...

Florida Panhandle's Commercial Real Estate Market May Face Lengthy Recovery
First Federal Bank in Panama City, Florida.Credit: Jeff Gammons, @StormVisuals As workers assess the property devastation on the Florida panhandle from Hurricane Michael, the condition of the area's commercial real estate is on display over at the region...

Sears Holdings Nears Financing Deal, Reports Say
Sears Holdings' headquarters in Hoffmann Estates, Illinois. As a Monday debt payment deadline looms, Sears Holdings Chief Executive Eddie Lampert is reportedly near a deal with lenders for financing that could fund Sears and Kmart through the holidays...

Car Wash Companies Make a Big Splash With Prime Real Estate
Autobell turned this former discount store into a thriving car wash location. Image credit: Halloleo. Car wash operators are snapping up a record number of prime real estate locations across the country, in no small part because drivers can’t wash their...

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