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October 29, 2025
Starbucks sales improve, but profit drops after US store closings
Starbucks said sales grew for the first time in about two years, but acknowledged the coffee chain's turnaround could take years as it closes locations and lays off hundreds of corporate employees.
October 29, 2025
New restaurant to anchor main shopping hub in Pacific Palisades following fires
A high-profile chef, restaurant group and a well-known developer are planning a new eatery to anchor Palisades Village, the marquee shopping center for the fire-ravaged neighborhood in Los Angeles.
October 29, 2025
One of Dallas' tallest skyscrapers could get new life as a mixed-use hub
One of Dallas' tallest skyscrapers could soon become a mixed-use hub with a hotel, apartments, retail and restaurant space proposed at the aging Comerica Bank Tower in the city's central business district.
October 29, 2025
Suburban Atlanta shopping center, anchored by thrift store, sells for $13.3 million
A suburban Atlanta shopping center anchored by a Goodwill thrift store and a Planet Fitness health club traded for $13.3 million.
October 29, 2025
CoStar World News for Oct. 30
October 29, 2025
To fill offices, this developer is building a minicity near rail hub outside DC
From atop a new glass office tower about 40 minutes outside Washington, D.C., locals lounge around an outdoor pool on a late summer day. Their perch overlooks a luxury hotel-condominium, another office high-rise and several street-level cafes, all completed in the past year.
October 29, 2025
Investor tied to Canadian business magnate extends California retail shopping spree
A real estate firm tied to a Canadian business magnate bought an outdoor mall in the suburbs of California’s capital city, as grocery-anchored shopping centers continue to outperform other categories.
October 29, 2025
WPG advances the unwinding of its retail holdings with Ohio mall sale
Washington Prime Group has sold off another mall, this one to a Georgia landlord whose specialty is redeveloping and reviving aged retail properties.
October 29, 2025
New York firm adds to national buying spree, pays $40 million for shopping center near Chicago
A New York-based real estate firm has paid $40 million for a grocery-anchored shopping center just north of Chicago, adding to a buying spree throughout the country.
October 29, 2025
Retail REIT bulks up Boston presence with $39 million acquisition
Retail landlord Urban Edge Properties is bolstering its presence in the Boston area, acquiring a shopping center from and near Harvard University for $39 million.
October 29, 2025
Rolex makes move into trendy New York neighborhood having a time with luxury
Swiss watchmaker Rolex is opening a shop in the Williamsburg neighborhood of Brooklyn in another sign of the hip residential enclave’s transformation to become a major New York luxury retail corridor.
October 29, 2025
US asset manager TPG buys Neumünster Outlet Center
TPG has taken sole control of Neumünster Designer Outlet and MGE Neumünster Siteco, meaning it now owns the largest outlet for designer brands in northern Germany, according to a statement by Germany's competition authority, the Bundeskartellamtes.
October 28, 2025
Spinoff Curbline’s shopping spree hits $644.1 million in acquisitions
Roughly a year after its spinoff, Curbline Properties has beefed up its portfolio by acquiring 69 convenience shopping centers for a total price of $644.1 million.
October 28, 2025
Indoor play park signs lease at New Jersey grocery-anchored retail center
A children's indoor play park is the latest tenant coming to a shopping center in North Jersey, aiming to enhance the retail location's family-friendly appeal and diversify its roster.
October 28, 2025
Beyond sushi: Upscale Japanese eatery lands in one of world’s busiest spots
A high-end Japanese restaurant is coming to a New York neighborhood with daily foot traffic from commuters and office workers. It’s planned for an office tower with direct access to Grand Central Terminal, one of the world's busiest train stations, and directly across from One Vanderbilt, a trophy building that’s commanded top-dollar rents.
October 27, 2025
NJ Transit seeks anchor tenant at restored Hoboken Ferry Terminal
NJ Transit is looking for what it described as a marquee tenant to anchor the restored historic Lackawanna Ferry Terminal Building in Hoboken, New Jersey.
October 27, 2025
JLL expands project management team; Savills grows global occupier group; Hilco adds to education practice
JLL expands project and development services team; Savills grows global occupier group; Hilco adds to education practice
October 27, 2025
Executive order seeks to speed rebuilding of businesses following Los Angeles fires
Los Angeles Mayor Karen Bass issued an executive order aimed at further expediting commercial rebuilding in the Pacific Palisades after January's catastrophic fires.
October 27, 2025
Blaming tariffs, children’s apparel chain Carter’s to close 150 stores
Young children's apparel retailer Carter's is closing 150 low-margin stores and letting go of 300 office employees as it reels from the impact of tariffs like other U.S. chains.
October 27, 2025
Back in the black: Demand for retail space turns positive
After recording the first consecutive quarterly declines since 2020, retail demand is back in the black heading into the final quarter of the year.

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