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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
Cushman & Wakefield joins the hunt for air taxi landing spots
By
Brannon Boswell
Vertiports by Atlantic has hired the brokerage to secure ground leases for stations in urban markets across the country.
Exclusive
Nearly two decades after hitting airwaves, Big Ten Network considers moving Chicago studio
The sports broadcaster is said to be weighing three options within the city.
The sports broadcaster is said to be weighing three options within the city.
CoStar Insight
Hotel industry slowdown affects top 25 US markets unevenly
The number of large markets showing growth in revenue per available room has dropped to just over 50%.
The number of large markets showing growth in revenue per available room has dropped to just over 50%.
Sneak peek: Goldman Sachs’ Texas-sized Dallas office takes shape
The massive campus is expected to be the biggest yet in firm's portfolio when it opens in 2028.
The massive campus is expected to be the biggest yet in firm's portfolio when it opens in 2028.
Founder of Dallas-based real estate firm names successor, launches $4 billion venture
Jonas Woods to serve as CEO of 3-0 Real Estate, formed by the founders of Ignite-Rebees.
Jonas Woods to serve as CEO of 3-0 Real Estate, formed by the founders of Ignite-Rebees.
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
ADP to relocate Miami office after signing major lease near airport
Fujitsu arm to open new North American hub in Dallas area
Nearly two decades after hitting airwaves, Big Ten Network considers moving Chicago studio
Retail
Costco, Marriott join real estate project surrounding TSMC microchip plant in Arizona
Investor makes one of largest retail center acquisitions this year in Virginia as sales rebound
Importance of bank branches drives Fifth Third purchase of Comerica
Multifamily
West Coast investor picks Dallas for its first multifamily deal
Latest California housing initiative brings students from different colleges under one roof
Sale of 13 LA commercial properties could lead to new apartments
Industrial
Texas Instruments to shut down aging plant in Dallas
PCCP, Stonemont land $64.5 million loan for Passaic, New Jersey, logistics center
Smaller parcel carriers add logistics facilities; Companies perceive rising security risks from AI; Craft beer closings mount
People
Calco Commercial adds Trevor Gudim to growing San Francisco team
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
Finance
Canada’s Starlight refinances 18-property multifamily portfolio across US Sun Belt
Walker & Dunlop names former JLL director EMEA capital markets co-head
CBL Properties restructures $158 million in mall debt
Analytics
Hotel declines start to ease near Canadian border as resilience begins to emerge
Hotel openings plummet across Southeast US
Stalling new supply, strong population growth, keep Houston retail properties on investors’ target lists
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
Terminal Warehouse, one of New York’s largest adaptive reuse projects, lands first tenant
Magna sells portfolio of four New York hotels for $490 million
Rising costs, global noise require 'bold' hotel strategies
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