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July 30, 2025
CBL acquires four malls for $178.9 million as retail landlords upgrade their portfolios
CBL Properties has acquired a portfolio of four malls for $178.9 million as retail landlords accelerate their efforts to swap out noncore properties for better performers with growth potential.
July 30, 2025
CoStar World News for July 31
July 30, 2025
Current Capital Real Estate Group acquires South Florida shopping center
Hollywood, Florida-based Current Capital Real Estate Group has acquired the County Line Shopping Center in north Miami-Dade County in a $33 million deal and the new owner is in talks to potentially redevelop the 166,485-square-foot shopping center.
July 29, 2025
Reopened Sears in Burbank, California, is said to be closing after comeback
Sears stores are inching closer to extinction.
July 29, 2025
Verizon signs HQ lease at Vornado’s Penn 2 tower in Manhattan
Telecommunications giant Verizon is moving its headquarters to Vornado Realty Trust’s newly redeveloped Penn 2 trophy tower directly above Manhattan’s Penn Station. The relocation plan comes as Verizon has installed a stricter in-office policy.
July 29, 2025
Brixmor picks up Houston-area shopping center for $223 million
Brixmor Property Group has acquired a grocery-anchored lifestyle center for $223 million in the Houston area, where it already has a cluster of retail properties.
July 28, 2025
Brookfield lands refinancing for high-profile Manhattan retail property
Brookfield has landed a $601 million refinancing for a prominent Manhattan retail property counting a who’s who list of luxury labels among tenants.
July 28, 2025
J.C. Penney trust explains $947 million sale of store portfolio to private equity
The trust that's selling a portfolio of 119 J.C. Penney stores for $947 million explained its choice of a buyer Monday, saying it was the best way to divest the properties after getting over 700 inquiries about them.
July 28, 2025
Cushman & Wakefield hires veteran to grow debt business; PEG picks new CEO; Regency promotes lease administration leader
Cushman & Wakefield expands debt and equity practice
July 28, 2025
O’Connor Capital gains full ownership of Ohio regional mall
O'Connor Capital Partners has acquired full ownership of Polaris Fashion Place, a 160-store super regional mall in Columbus, Ohio, as its former partner winds down business.
July 28, 2025
Intel plans more job reductions; Major railroads discuss potential merger; Durable goods orders drop
Intel plans more job reductions
July 28, 2025
Portfolio of 119 J.C. Penney stores finds buyer for $947 million
A portfolio of 119 J.C. Penney stores is slated to be sold for $947 million to a private equity firm, roughly five years after the iconic national chain filed for bankruptcy protection.
July 25, 2025
Property prices post broad second-quarter declines
U.S. commercial real estate prices dropped across most sectors in the second quarter, though performance varied sharply by region and property type.
July 25, 2025
Luxury giant LVMH announces plans for a second Texas factory as tariff talks heat up
French luxury giant LVMH CEO Bernard Arnault said he plans to open a second factory in Texas as he presses European leaders to reach a trade deal with the United States.
July 25, 2025
ShopRite-anchored shopping center in New Jersey sells for $40 million
A 220,000-square-foot grocery-anchored shopping center in North Jersey has traded for $40 million as necessity-based retail draws investors.
July 25, 2025
Manhattan tower redrawing skyline attracts office tenants
A mixed-use development set to become the second-tallest tower on Manhattan’s Fifth Avenue after the Empire State Building has landed its first office tenants that include JAB Holding, the parent of Panera Bread and Krispy Kreme.
July 24, 2025
New home sales edge higher; Google parent plans to boost AI spending; Tesla sales drop
New home sales edge higher
July 24, 2025
Regency Centers adds to suburban retail boom with record Orange County deal
A shopping center portfolio in one of the country’s wealthiest suburban markets has sold for $357 million as investors double down on grocery-anchored complexes that cater to daily needs.
July 24, 2025
Why Blackstone sees real estate recovery picking up speed
Private equity giant Blackstone, the world’s largest commercial property owner, sees a real estate recovery picking up after elevated interest rates, pandemic-sparked office market struggles and uncertainty over U.S. tariffs slowed its once best-performing segment.
July 24, 2025
High-end apartments and a Trader Joes add juice to former Sunkist office campus in California
An outdated office building that has served as a symbol for California’s famous citrus industry has ripened into something new: a mixed-use complex with luxury apartments, renovated workspace and a trendy supermarket as developers seek to invest in live-work-play hubs.

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