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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.
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 Economy
CoStar Economy
Economy
Consumers remain cautiously optimistic after summer shopping spree
Discretionary and recreational spending shows gains
Economy
CoStar Insight
CoStar Insight
Hospitality
Pandemic fallout and labor shortages extend hotel construction
Average hotel construction timelines have increased between four and eight months, depending on class
Hospitality
CoStar Insight
CoStar Insight
Analytics
Retail shuffle: emerging concepts, resilient chains shape DC's tenant landscape
Service, fitness and food brands take center stage as traditional retailers lose ground
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
Featured
Featured
Mixed Use
Major developments draw upon Tampa's history, provide a glimpse into the future
Heritage streetcar route shows city's past and future through major mixed-use projects
Mixed Use
Featured
Featured
Office
In Bentonville, 'all roads lead back to Walmart'
Retail behemoth's headquarters development reshapes Arkansas hometown
Office
Podcast
Podcast
Hospitality
Are hotels facing an industry-specific recession?
Podcast hosts unpack US hotel performance amid slow-but-stable GDP growth
Hospitality
Featured
Featured
Office
How Amazon’s HQ2 transformed a neighborhood, even after tech giant paused its own plans
Apartments, retail projects sprout amid uncertainty about future office expansion
Office
Video
Video
Top News
Get the latest real estate news on your phone
Download the CoStar News Widget
Top News
CoStar Insight
CoStar Insight
Analytics
How the interplay between employment and attendance trends is shaping office demand
Tensions persist between stagnant job growth and return-to-office momentum
Analytics
International News
Ireland
A €24.5 million sale and leaseback for Iroko Zen near Dublin
SCPI acquires a portfolio of automotive showrooms in Swords
Ireland
France
A retail recovery takes off on the Champs-Élysées
Newmark study compares shopping opportunities in Paris, New York and London
France
Exclusive
Exclusive
United Kingdom
Microsoft plugs in to 80,000-square-foot headquarters move
US computer giant has decided on relocation
United Kingdom
United Kingdom
Plans for £2.2 billion Gatwick second runway green-lit
Privately financed project one of largest investment projects in region for decades
United Kingdom
United States
Principal AM targets the United States with its first French real estate investment vehicle
Real estate asset manager launches SCPI Principal Inside
United States
United Kingdom
Amazon Fresh turns sour with blanket UK stores closure
Ecommerce giant to shut 14 food stores and convert five into premier offer
United Kingdom
Canada
Scotiabank extends leasing streak with Manhattan expansion deal
Canadian bank signs lease to relocate and expand New York office space
Canada
Germany
Expo Real 2025: Munich conference outlines packed programme
CoStar's UK, German and French news teams will be providing full coverage
Germany
Martini bar, bowling alley add to overhaul plans for iconic Wells Fargo bank building in San Francisco
By
Rachel Scheier
Redco Development acquired the downtown office in the latest signal that the city is recovering from the pandemic's fallout.
Florida's repeal of commercial lease sales tax expected to save tenants $900 million a year
A new law in Florida has gone into effect that removes the state's commercial lease sales tax.
A new law in Florida has gone into effect that removes the state's commercial lease sales tax.
When and where hotels should see demand for FIFA World Cup 26
As the ticketing process begins, here are some key dates hoteliers should be aware of for the upcoming FIFA World Cup 2026.
As the ticketing process begins, here are some key dates hoteliers should be aware of for the upcoming FIFA World Cup 2026.
People of Note
Newmark expands Texas property management team; CBRE grows hotel practice; new Franklin Street leader pursues Atlanta business
Read the latest on new hires, promotions and other personnel changes.
Read the latest on new hires, promotions and other personnel changes.
Prologis seeks power ‘from all sources’ as it moves beyond warehouses into AI real estate
The industrial real estate giant is spending billions to build and fuel energy-hungry data centers across the globe.
The industrial real estate giant is spending billions to build and fuel energy-hungry data centers across the globe.
Search News >>
Featured
CoStar Economy
CoStar Economy
Economy
Consumers remain cautiously optimistic after summer shopping spree
Discretionary and recreational spending shows gains
Economy
CoStar Insight
CoStar Insight
Hospitality
Pandemic fallout and labor shortages extend hotel construction
Average hotel construction timelines have increased between four and eight months, depending on class
Hospitality
CoStar Insight
CoStar Insight
Analytics
Retail shuffle: emerging concepts, resilient chains shape DC's tenant landscape
Service, fitness and food brands take center stage as traditional retailers lose ground
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
Featured
Featured
Mixed Use
Major developments draw upon Tampa's history, provide a glimpse into the future
Heritage streetcar route shows city's past and future through major mixed-use projects
Mixed Use
Featured
Featured
Office
In Bentonville, 'all roads lead back to Walmart'
Retail behemoth's headquarters development reshapes Arkansas hometown
Office
Podcast
Podcast
Hospitality
Are hotels facing an industry-specific recession?
Podcast hosts unpack US hotel performance amid slow-but-stable GDP growth
Hospitality
Featured
Featured
Office
How Amazon’s HQ2 transformed a neighborhood, even after tech giant paused its own plans
Apartments, retail projects sprout amid uncertainty about future office expansion
Office
Video
Video
Top News
Get the latest real estate news on your phone
Download the CoStar News Widget
Top News
CoStar Insight
CoStar Insight
Analytics
How the interplay between employment and attendance trends is shaping office demand
Tensions persist between stagnant job growth and return-to-office momentum
Analytics
International News
Ireland
A €24.5 million sale and leaseback for Iroko Zen near Dublin
SCPI acquires a portfolio of automotive showrooms in Swords
Ireland
France
A retail recovery takes off on the Champs-Élysées
Newmark study compares shopping opportunities in Paris, New York and London
France
Exclusive
Exclusive
United Kingdom
Microsoft plugs in to 80,000-square-foot headquarters move
US computer giant has decided on relocation
United Kingdom
United Kingdom
Plans for £2.2 billion Gatwick second runway green-lit
Privately financed project one of largest investment projects in region for decades
United Kingdom
United States
Principal AM targets the United States with its first French real estate investment vehicle
Real estate asset manager launches SCPI Principal Inside
United States
United Kingdom
Amazon Fresh turns sour with blanket UK stores closure
Ecommerce giant to shut 14 food stores and convert five into premier offer
United Kingdom
Canada
Scotiabank extends leasing streak with Manhattan expansion deal
Canadian bank signs lease to relocate and expand New York office space
Canada
Germany
Expo Real 2025: Munich conference outlines packed programme
CoStar's UK, German and French news teams will be providing full coverage
Germany
Categories
Office
Lincoln Property buys office complex in Seattle’s Redmond suburb
Shriners Children’s inks one of Atlanta’s largest office deals this year
Avenue Equities buys Irvine, California, business park
Retail
Santa Margarita Marketplace building purchased by Red Mountain Group
Luxury resale firm opens largest US flagship in downtown Los Angeles
Nike’s Jordan Brand to open concept shop for sneakerheads in Philadelphia
Multifamily
Sale of 13 LA commercial properties could lead to new apartments
S3 Capital lends $255 million for kickoff of high-rise complex on Hudson
Joint venture plans second Orlando-area apartment complex
Industrial
Bulking up supply chain, Dollar Tree buys Arizona distribution center
Phoenix facility combining dry, chilled, frozen storage trades for $55 million
Quanta Computer inks one of East Bay's largest third-quarter industrial leases
People
Newmark expands Texas property management team; CBRE grows hotel practice; new Franklin Street leader pursues Atlanta business
Transwestern expands Southeast team; SRS pursues California retail business; Kolter hire eyes Western growth
Newmark further bolsters finance teams; JLL adds valuation leader; Sagard names new president
Finance
CBL Properties restructures $158 million in mall debt
Store Capital raises $625 million to fund growth
Acrophyte Hospitality considers sale or privatization ahead of looming capital crunch
Analytics
Houston sees third-quarter surge in office sales
Sacramento apartment rents decline
Hartford multifamily asking rent has increased 27% since beginning of 2020
Development
Sneak peek: Goldman Sachs’ Texas-sized Dallas office takes shape
DC developer launches 10-acre transit-oriented district in Northern Virginia
Dallas-area city exits plans for new soccer stadium, seeks another partner
Hospitality
Union activity at hotels takes quieter tone in 2025
Minor Hotels to enter Egypt with scale in Sunrise joint venture
Noble Investment Group joint venture takes on portfolio of 51 Courtyard hotels
Healthcare
Virginia hits milestone for mental health hospital's projected 2027 opening
Healthcare REIT looks to sell clinic, other properties in western Georgia city
North Dakota starts construction on $300 million psychiatric hospital
Specialty
As AI demand soars, here’s what can go wrong in data center development
Charter school backed by Pitbull buys historic downtown Miami theater for just $10
Southern California city raises its US sports standing with deal for fifth pro team
Legal/Legislation
Florida's repeal of commercial lease sales tax expected to save tenants $900 million a year
South Florida law firm anticipates continued demand with trio of new construction team hires
Congress weighs blocking energy-efficiency rules for gas heat and appliances