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June 23, 2025
Former HSBC building in Manhattan nears full occupancy after Life Time deal
The former HSBC tower in Midtown Manhattan is near full occupancy after Life Time signed on to open a location in the property that recently also attracted tech giant Amazon.
June 23, 2025
Savills adds former MLB pitcher to industrial team; Colliers expands Philadelphia services; NewMark Merrill targets retail growth
Savills adds former MLB pitcher to industrial team
June 23, 2025
Former CEO leaving Cushman & Wakefield in revamp of brokerage's board
Brett White, who led Cushman & Wakefield through its debut as a public company and the early challenges of COVID-19, is leaving the commercial real estate brokerage as it revamps its board of directors.
June 23, 2025
C&S Wholesale to buy grocer-distributor SpartanNash for $1.8 billion
C&S Wholesale Grocers has struck a $1.77 billion deal to acquire SpartanNash, with the merger creating a company encompassing 60 distribution centers and more than 200 stores, in a reflection of the nation's food industry consolidation.
June 23, 2025
Construction slows in San Antonio’s Tobin Hill, for now
Few commercial construction projects are actively under construction today in San Antonio’s Tobin Hill, one of the city’s premier neighborhoods that has had significant development in recent years. Yet, the number of proposed and planned projects remains high, suggesting the existence of pent-up development that could begin anew once interest rates fall.
June 23, 2025
Dollar Tree signs lease at suburban Cincinnati shopping center
Dollar Tree is expanding in the Cincinnati area with a lease for a new store in Mason, Ohio.
June 23, 2025
Trader Joes signs a new lease in Stockton area
California-based grocery chain Trader Joe’s has signed a 10-year lease and opened for business in a 17,000-square-foot space at West Valley Mall, marking its second location in California's San Joaquin County.
June 23, 2025
Blackstone in pole position for Paris Trocadéro building
The "Paris Trocadéro" case, which has been causing a stir in the market since the last Mipim trade fair, is in a state of flux.
June 23, 2025
Lightning Society secures SoHo venue for permanent home
The Lightning Society, a two-decade-old members-only collective blending intellectual discourse with social events, has leased 19,000 square feet at 45 Howard St. in Manhattan. The top four floors and rooftop terrace of the historic 1910 cast-iron building will serve as the society’s exclusive social hub.
June 23, 2025
Ground-leased retail property trades hands near Lexington
A ground-leased retail property leased and occupied by a Cracker Barrel Old Country Store at 4089 Lexington Road in Nicholasville, Kentucky, sold after five months on the market.
June 23, 2025
List of contenders for the Paris Trocadéro business center gets tighter
From the initial 12 bidders, the list has now been whittled down to just four. At the end of a competitive first round, for which "it wasn't even worth making a bid under €650 million," according to a market player familiar with the matter. Union Investment has reduced the list of potential buyers for the Paris Trocadéro business center to four names, Business Immo has learned from corroborating sources: the Americans Blackstone, Hines and Tishman Speyer, and the Norwegian sovereign wealth fund Norges Bank Investment Management.
June 20, 2025
US grocery giant Kroger set to close 60 stores
Major U.S. supermarket chain Kroger plans to close about 60 stores across the country over the next 18 months, addressing some streamlining it couldn't get to while its failed merger with Albertsons Cos. was pending.
June 20, 2025
Hyatt Hotels joins Silverstein’s Manhattan casino bid
Hospitality giant Hyatt Hotels Corp. has joined New York developer Silverstein Properties’ high-stakes bid to build a mixed-use casino resort just north of the Jacob K. Javits Convention Center on Manhattan’s far west side.
June 20, 2025
Owner of Chicago's Water Tower Place moving forward with plans to reduce retail space
The owner of Chicago’s Water Tower Place is moving forward with plans to reduce the retail space from eight floors down to three, with JLL enlisted to find a buyer for the upper floors in a deal that could dramatically change the face of one of the nation’s best-known multistory malls.
June 20, 2025
DC's Wharf nets $1.2 billion in refinancing to grow waterfront project
The Wharf mixed-use project in Washington, D.C., has closed on a $1.15 billion refinancing deal — one of the largest such transactions in the city's history — that positions the landmark project for new growth, the group that oversees the property said.
June 20, 2025
Darden weighs selling Bahama Breeze chain, looks to spin off Olive Garden locations in Canada
Darden Restaurants may sell what's left of its Bahama Breeze Island Grille chain as consumers tighten their wallets on discretionary spending.
June 18, 2025
Nearly 90-year-old Italian eatery to open first Texas location in Dallas
High-end hospitality group Sant Ambroeus — known for its restaurants and coffee shops catering to the world's upper echelon — is getting ready for its first foray into Texas.
June 18, 2025
Pickleball Kingdom set to open 25,000-square-foot venue in Austell, Georgia
One of the largest pickleball franchises in the country has signed a lease for a new location in suburban Atlanta.
June 18, 2025
Big-box retail expansions stall in Philadelphia
Large retail chains have paused expansion plans in Philadelphia in 2025. The sharp pullback in leasing activity comes as retailers nationwide announce store closures, grapple with rising costs and respond to more cautious consumer spending.
June 18, 2025
Bubbakoo’s Burritos is latest chain to get gobbled up by private equity
Yet another New Jersey-based restaurant chain is being snapped up by a private equity firm.