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Hunt for data center space starts earlier and earlier even with $1 trillion set to pour in, JLL says
Vacancy in the growing sector has reached an all-time low despite a record amount of storage capacity.
Gray Capital kicks off multifamily fund to invest in nation's top region for rent growth
The investment group said it aims to acquire $500 million worth of apartments.
People of Note
CBRE hires veteran to execute institutional deals; Avison Young taps executive for Denver; JLL names workplace management leader
Read the latest on new hires, promotions and other personnel changes.
Landlord WPG to sell rest of its malls, shopping centers across the country
The company says it will cut more than 130 workers at its Ohio headquarters.
Tex-Mex eatery On The Border rejects more leases, gets closer to finding new owner
See a list of some rejected sites as the bankruptcy judge approves the chain's bidding procedures ahead of an auction next month.
People of Note
JLL hires veteran in hospitality team expansion; Newmark promotes trio for valuation business; Aventon adds executive for Southeast growth
Read the latest on new hires, promotions and other personnel changes.
Intel delays opening of Ohio plant due to weak customer demand
Intel's $28 billion project involves the construction of two plants near Columbus, Ohio.
Crafts chain Joann now plans to shut all its stores in liquidation
A new buyer decided to wind down the business, adding to a pile of U.S. retail closings.
Nearly 500 more Big Lots store leases are for sale nationwide
Gordon Brothers is planning to hold an auction for the locations, which span 47 states.
Variety Wholesalers strikes deal to buy, keep 200 to 400 Big Lots stores open
Deal via Gordon Brothers saves the chain from extinction after filing for Chapter 11 bankruptcy protection.
UnitedHealth’s office cutbacks go beyond Minnesota HQ it’s officially exiting this month
The firm has downsized space in Ohio and Kansas as it adjusts to post-pandemic real estate needs.
Big Lots plans to shut its nearly 900 remaining stores
The troubled chain will liquidate after a potential sale to Nexus Capital Management fell through.
CoStar Insight
Only one US city outside Sun Belt placed among best overall retail markets in 2024
Demographics are often destiny when it comes to local retail performance.
Amazon Web Services boosts data center investments in Ohio by $10 billion
Amazon subsidiary considers developing up to eight new sites across the state.
Franchise Group, with Chapter 11, plans to close 300-plus store American Freight chain
The parent of Vitamin Shoppe and Pet Supplies Plus adds to the swell of U.S. store shutterings.
More Big Lots leases hit auction block as store closings soar
A stalking horse buyer landed $765 million to acquire the chain out of bankruptcy.
Exclusive
Multifamily investor looks to unload 10 properties in eight states for about $500 million
Trilogy Real Estate Group’s 2,845-unit portfolio will test the strength of the recovering investment sales market.
Big Lots adds to available US retail space with escalation of store closings
Including shuttered Conn’s HomePlus and Badcock Furniture locations, 27 million square feet is going on the market.
Big Lots files Chapter 11, agrees to $620 million sale to Nexus Capital
The retailer also says it will keep focusing its store fleet.
People of Note
Newmark expands capital markets leadership, JLL Hotels names new western leader, CBRE elevates veteran to executive role
Read about new hires, promotions and other personnel changes across the commercial real estate industry.
Feds Award $428 Million in Grants for Airport Terminal Expansion, Safety Upgrades
Airports in South Florida, Ohio, California, Virginia, New York are getting federal funds.
Conn’s HomePlus Begins Wind-Down of All its 550 Namesake and Badcock Stores
B. Riley Retail Solutions has kicked off liquidation sales across the retailer’s entire fleet.
Big Lots Plans About 140 Store Closings, Far More Than Expected
The discount retailer is shutting many of its locations in California, Arizona, Washington and Florida.
Big Lots’ Vacant Stores Could Be Leased Quickly in Tight Market, Analysts Say
The struggling discount retailer is closing dozens of locations and has warned it may cease operations.
Search Market News >>
Featured
CoStar Insight
CoStar Insight
Analytics
Fewer international travelers are flying to the US, but they’re projected to spend more
Canadian air travel drops sharply while Orlando bucks the trend by attracting a surge in South American visitors
Analytics
CoStar Insight
CoStar Insight
Analytics
Only two Southwestern markets crack the top 10 for retail rent growth
Demographics and near-record low space availability fuel gains over past 12 months
Analytics
CoStar Insight
CoStar Insight
Analytics
Chicago’s tech workforce growth signals new real estate demand
Latest BLS data reflects recent announcements and investments across Chicagoland
Analytics
Market Moves
Market Moves
Finance
Commercial Real Estate REIT, Stock Tracker
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Video
Video
Top News
Get the latest real estate news on your phone
Download the CoStar News Widget
Top News
Power Brokers
Power Brokers
Mixed Use
Top sales and leases recognized in the US
Brokers won big property deals as transaction activity picked up in the second quarter
Mixed Use
Featured
Featured
Office
Google’s high-profile renovation of iconic Chicago building gives new look to heart of city
Tech giant’s Thompson Center project drives conversations about downtown
Office
International News
United Kingdom
Blackstone's plans for a £10 billion UK data centre hub clear major hurdle
Group's data centre firm gets green light to prepare Cambois site ahead of construction
United Kingdom
Italy
Langham Hotels turns attention back to Europe 160 years after London hotel opening
Upcoming Venice hotel will be Langham's second in Europe
Italy
United States
World’s largest music venue operator calls this real estate the new ‘sweet spot’
Live Nation says 6,000-seat theaters fill gap between clubs and arenas
United States
Germany
Unibail-Rodamco-Westfield sells its German property management business
Portugal-based Sonae Sierra has bought URW REM
Germany
Analysis
Analysis
United Kingdom
Domestic UK holiday destinations are leading revenue growth as urban hotel markets struggle
Additional supply is adversely affecting major cities, but the summer months look more promising for urban destinations
United Kingdom
Analysis
Analysis
United Kingdom
Industry responds to potential new tax on homes
Targeting of higher value homes could choke market, experts warn
United Kingdom
Canada
New York office deals highlight AI’s eastward shift
Tempus AI, Synthesia expansions underscore sector’s nationwide growth
Canada
China
Evergrande, a Chinese giant delisted from the Hong Kong Stock Exchange
'Evergrande's withdrawal was absolutely inevitable,' says Dan Wang
China
CoStar Insight
Fewer international travelers are flying to the US, but they’re projected to spend more
By
Chantal Wu
Canadian air travel drops sharply while Orlando bucks the trend with a surge in South American visitors.
Avison Young adds retail veteran in South Florida as part of expansion
Nikki Traff has joined the brokerage with 20 years of landlord representation experience.
Nikki Traff has joined the brokerage with 20 years of landlord representation experience.
More retailers seek Chapter 11 redo — but few survive
Enough retailers file repeatedly in bankruptcy court for the tactic to have a nickname, ‘Chapter22,’ though they often find little success.
Enough retailers file repeatedly in bankruptcy court for the tactic to have a nickname, ‘Chapter22,’ though they often find little success.
Exclusive
One of nation's largest office sublet listings hits market in Atlanta
NCR has put the second of its two Midtown office towers up for sublease in the aftermath of its corporate split.
NCR has put the second of its two Midtown office towers up for sublease in the aftermath of its corporate split.
Daily Roundup
Court ruling averts Google breakup; Flat job openings could signal Fed rate cut; Office attendance edges higher
Here’s what you need to know to start your day.
Here’s what you need to know to start your day.
Search News >>
Featured
CoStar Insight
CoStar Insight
Analytics
Fewer international travelers are flying to the US, but they’re projected to spend more
Canadian air travel drops sharply while Orlando bucks the trend by attracting a surge in South American visitors
Analytics
CoStar Insight
CoStar Insight
Analytics
Only two Southwestern markets crack the top 10 for retail rent growth
Demographics and near-record low space availability fuel gains over past 12 months
Analytics
CoStar Insight
CoStar Insight
Analytics
Chicago’s tech workforce growth signals new real estate demand
Latest BLS data reflects recent announcements and investments across Chicagoland
Analytics
Market Moves
Market Moves
Finance
Commercial Real Estate REIT, Stock Tracker
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Video
Video
Top News
Get the latest real estate news on your phone
Download the CoStar News Widget
Top News
Power Brokers
Power Brokers
Mixed Use
Top sales and leases recognized in the US
Brokers won big property deals as transaction activity picked up in the second quarter
Mixed Use
Featured
Featured
Office
Google’s high-profile renovation of iconic Chicago building gives new look to heart of city
Tech giant’s Thompson Center project drives conversations about downtown
Office
International News
United Kingdom
Blackstone's plans for a £10 billion UK data centre hub clear major hurdle
Group's data centre firm gets green light to prepare Cambois site ahead of construction
United Kingdom
Italy
Langham Hotels turns attention back to Europe 160 years after London hotel opening
Upcoming Venice hotel will be Langham's second in Europe
Italy
United States
World’s largest music venue operator calls this real estate the new ‘sweet spot’
Live Nation says 6,000-seat theaters fill gap between clubs and arenas
United States
Germany
Unibail-Rodamco-Westfield sells its German property management business
Portugal-based Sonae Sierra has bought URW REM
Germany
Analysis
Analysis
United Kingdom
Domestic UK holiday destinations are leading revenue growth as urban hotel markets struggle
Additional supply is adversely affecting major cities, but the summer months look more promising for urban destinations
United Kingdom
Analysis
Analysis
United Kingdom
Industry responds to potential new tax on homes
Targeting of higher value homes could choke market, experts warn
United Kingdom
Canada
New York office deals highlight AI’s eastward shift
Tempus AI, Synthesia expansions underscore sector’s nationwide growth
Canada
China
Evergrande, a Chinese giant delisted from the Hong Kong Stock Exchange
'Evergrande's withdrawal was absolutely inevitable,' says Dan Wang
China
Categories
Office
Citadel’s former HQ tower in Chicago is for sale
Investors scoop up historic office building in downtown San Francisco
IWG opens a Regus center in Parisian suburb of Suresnes
Retail
DC-based steakhouse expands to Philly with eyes on further growth
Japanese resale store to open first Florida location in Miami's arts district
More retailers seek Chapter 11 redo — but few survive
Multifamily
Ryan Cos. buys land for planned Seattle apartment project
New Jersey approves $143 million in tax credits for two apartment projects
Spokane Indian Housing Authority plans conversion of apartments near Seattle to affordable housing
Industrial
Shallow bay industrial portfolio snapped up in latest Atlanta-area deal
Peterson diversifies portfolio, geographic reach with West Virginia acquisition
Court ruling averts Google breakup; Flat job openings could signal Fed rate cut; Office attendance edges higher
People
Toronto's Slate Asset Management hires C-level officer based in largest US property market
Father-son duo adds to Colliers Los Angeles industrial team
Newmark names data, retail executives; Granite names investment director; Buchalter law firm bolsters real estate team
Finance
Single-family rental deals outperform; Loan troubles for New York City office building; Virginia tower faces tenant exits
Norges Bank to acquire New York tower for discount to 2021 valuation
Commercial real estate prices rise for first time in five months
Analytics
Nashville leading the nation in industrial rent growth
Big box industrial vacancies improve in Kansas City, Missouri
Apartment rent gains ease in Oklahoma, still outpace the nation
Development
REIT to raze former Walgreens office buildings in Chicago suburbs as it looks to sell site
Southern California city rolls out robots to ramp up ADA compliance
Leasing activity pushes Hillwood to kick off large industrial developments in Fort Worth
Hospitality
Travelodge opens 600th UK hotel
JLL exec sees 'perfect recipe' for increased hotel transactions beginning later this year
Tourism Economics' Adam Sacks on downgraded US hotel forecast
Healthcare
Healthcare provider sells recently opened Atlanta medical office building
Architects craft new facility for cancer-care provider in Nashville
Healthcare system begins work on 24-hour facility in Clemson, South Carolina
Specialty
Real estate investor buys facility in one of Seattle area's biggest self-storage deals
Real estate director from Latin America's busiest airport lands at Maryland firm
World’s largest music venue operator calls this real estate the new ‘sweet spot’
Legal/Legislation
Fed's Powell hints at rate cut in September
British Columbia leaders reject call by real estate developers to ease foreign buyer ban
Trump nominates former Cushman & Wakefield CEO to head federal property agency