Papa John’s signs deal to open 49 new stores in Philadelphia area
Papa John’s has signed a store development agreement to expand in the Philadelphia area, according to a press release. Under the agreement, HB Restaurant...
Brookfield, Simon Property to acquire JCPenney’s retail and operating assets
J.C. Penney Company, Inc. announced that it has reached an agreement in principle to sell JCPenney through a court-supervised sale process. Brookfield Property Group...
Dutch real estate manager Bouwinvest opens NYC office
Dutch institutional real estate manager Bouwinvest Real Estate Investors has opened an international office in New York.
The company plans to increase its North...
WeWork CFO Kimberly Ross to step down
WeWork announced that Kimberly Ross will be stepping down as Chief Financial Officer (CFO) at the end of this month for personal reasons.
WeWork...
IKEA’s shopping malls arm buys retail property in San Francisco
Swedish home furnishings retailer IKEA’s shopping malls arm, Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has...
SL Green completes $600 million refinancing of construction facility at 410 Tenth Avenue
SL Green Realty Corp (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has closed on a new $600.0 million construction facility for...
Cushman & Wakefield arranges $190M refinancing for International Plaza I & II in Dallas
Cushman & Wakefield (NYSE: CWK) recently announced that the real estate services firm served as the exclusive advisor to Taconic Capital Advisors in the...
CRE Herald’s 10 most popular global CRE market news in August
Here are CRE Herald's most popular global commercial real estate(CRE) market news for the month. Click on headlines to read more please.
Real estate legend Gerald D....
U.S net lease investment falls but reaches highest percentage in CRE activity
U.S net lease investment fell significantly in Q2 2020, but reached 20.2% of total commercial real estate investment in Q2 2020, up from 13.3%...
CIM Group buys Northern Virginia multifamily portfolio for $506m
CIM Group has acquired Southern Towers, a 2,346-unit multifamily property comprised of five 16-story high-rise apartment buildings located at 4901 – 5055 Seminary Road...
Greystar to enter Brazilian rental housing market
Greystar Real Estate Partners will join a partnership, between Canada Pension Plan Investment Board (CPP Investments) and Cyrela Brazil Realty (Cyrela), to develop, own...
Hines Global acquires advanced manufacturing campus in California
Hines Global Income Trust, Inc. (Hines Global), a public, non-listed real estate investment trust sponsored by Hines, has acquired a 417,000-square-foot industrial and manufacturing...
