Jobs data could lower odds of rate cut; Walmart raises outlook as sales increase; Thanksgiving shopping crowds may hit record
What you need to know to start your day
Jobs data could lower odds of rate cut
Onyx, Machine Investment start multimillion-dollar revamp of New Jersey life science campus
Owners are upgrading amenities at NEST, site of Merck’s former global HQ
Onyx Equities and its partners have launched a multimillion-dollar renovation at their Northeast Science and Technology Center campus, or NEST, planning to add amenity and common s...
Former New York Daily News plant is slated for industrial redevelopment
Goodman Group plans two-building logistics hub in Jersey City, New Jersey
The company that acquired a former New York Daily News printing plant in New Jersey for $92 million plans to redevelop the property as an industrial hub.
Simon adds to Charlotte, North Carolina, portfolio with retail center acquisition
REIT pays $144.8 million for Phillips Place in SouthPark area
Retail landlord Simon Property Group has acquired an open-air lifestyle center for $144.8 million in Charlotte, North Carolina, adding to its holdings in that market.
Target to spend $5 billion on store improvement plan
Discounter plans to open more locations and expand remodels
Giant discounter Target plans to spend $5 billion next year — $1 billion more than this year — to open more and some larger stores, while updating its existing brick-and-mortar fle...
Proposed Hilton wins tax incentives in Hoboken, New Jersey
Project slated for Hudson River waterfront
Developers have been awarded up to $63.4 million in New Jersey tax incentives to build a 350-room hotel on the Hudson River waterfront in Hoboken.
Peachtree plans 40 Circle K-anchored travel centers in new Northeast concept
Investment firm backs developer Briad on multibrand expansion strategy
Real estate investment firm Peachtree Group has committed up to $200 million for Briad Group to open 40 mini travel centers in the Northeast, introducing a multibrand retail concep...
Mayo theater, Liberty Science Center awarded $104.8 million in tax credits for expansions
New Jersey EDA approves incentives under new cultural arts program
The Mayo Performing Arts Center and Liberty Science Center have been awarded $104.8 million in tax incentives to undertake expansions and renovations under a fledging New Jersey pr...
Walmart CEO Doug McMillon to retire in January from retail giant
Company's head of US operations to take over the global chain
Doug McMillon, who has led Walmart for almost 12 years as CEO, plans to retire in January from the retail giant that's one of the world's largest occupiers of commercial property.
New Jersey EDA awards next stage of HELIX tech hub $259.4 million in tax incentives
Third phase includes 265 apartments, student housing and labs
The New Jersey Economic Development Authority has granted another round of tax incentives to a tech hub under construction in New Brunswick, awarding $259.4 million for a high-rise...
JLL names new division president as retail management shifts focus
Paul Chase succeeds Kristin Mueller in expanded role
JLL has named a successor to Kristin Mueller as head of its retail property management unit as it adopts a new strategy reflecting the industry's shift to mixed-use and lifestyle c...
Where streaming meets shopping: Netflix unveils first immersive year-round entertainment venue
Here’s a look at Netflix House, Philadelphia’s new pop culture playground. A Dallas location opens next month.
Streaming giant Netflix is playing tribute to its roots at its first permanent entertainment-and-retail venue at a mall outside Philadelphia.
Luxury bedding retailer Boll & Branch plans more store growth
New Jersey-based chain nearly doubles fleet to 15 locations
Luxury bedding retailer Boll & Branch next year plans to build on its national growth after doubling its store fleet in 2025.
Online retailer Wayfair’s brick-and-mortar foray leads to small-format store in Ohio
Digital-native furniture retailer plans test of downsized footprint
Online furniture retailer Wayfair will be testing a prototype for a small-format store in Ohio as it continues to expand its brick-and-mortar footprint.
Saks Off 5th gets ready to shut select stores across country
Off-price retailer looks to streamline property
Saks Off 5th will be closing 10 stores scattered across the United States as its parent, luxury retail giant Saks Global, looks to streamline its brick-and-mortar property.
BLDG proposes skyline-altering apartment complex for Jersey City
Development in New Jersey with 1,300 units would include two towers, 1.6 million square feet
New Jersey's Hudson River waterfront may be getting more apartment high-rises — one, if completed, would rank among the tallest in the country.
Urban Outfitters takes aim at Gen Z with new store format
Retailer also seeks a piece of resale market with Reclectic locations
Urban Outfitters is rolling out a new concept to more stores in a bid to cater to Gen Z shoppers’ local preferences and a refreshed design.
New Jersey, New York markets rocket up ULI’s list of hot real estate areas
Dallas-Fort Worth retains its No. 1 ranking for second year
Several Northeast markets bolted to the top of a list of promising areas to watch next year for real estate investment and development, while Dallas-Fort Worth maintained its No. 1...
Retail landlord Simon to develop 100-acre mixed-use center in Nashville
Sagefield plan features shopping, dining and a luxury hotel from restaurateur Sam Fox
Giant mall landlord Simon Property Group is developing a ground-up, mixed-use project that will include retailers, restaurants and an upscale hotel in Nashville, Tennessee.
Simon doubles down on luxury malls with completed Taubman purchase
Wall Street analyst values deal involving about 20 properties at $900 million
Simon Property Group has fortified its foothold in the luxury retail sector, acquiring the remainder of Taubman Realty Group to gain full ownership of an attractive portfolio of ro...