JCPenney reopens 150 stores across U.S

JCPenney reopens 150 stores across U.S

JCPenney reopened 150 stores in 27 states, bringing the total to 304 reopened stores nationwide after temporarily closing due to the Coronavirus (COVID-19) pandemic....
Tuesday Morning files for Chapter 11 bankruptcy protection

Tuesday Morning files for bankruptcy protection

Off-price retailer Tuesday Morning Corp. has filed voluntary petitions for protection under Chapter 11 of the Bankruptcy Code in response to the strain the...
Pebblebrook Hotel Trust to sell historic hotel in Nashville for $56m

Pebblebrook Hotel Trust to sell historic landmark hotel in Nashville for $56m

Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), has agreed to sell Union Station Hotel Nashville, Autograph Collection in Nashville for...
Cushman & Wakefield research predicts new normal for workplace

Cushman & Wakefield research predicts new normal for workplace

Global survey on working from home during pandemic reveals work will likely shift from office-based to total workplace ecosystem, balancing office, home and other...
Microsoft signs full-building lease in Atlanta

Microsoft signs full-building lease in Atlanta

Microsoft Corporation has signed a lease agreement to occupy 523,000 square feet, the entirety of the two-building Atlantic Yards office property which is being...
JLL closes sale of Boston industrial property portfolio

JLL closes sale of Boston industrial property portfolio

JLL has closed the sale of a fully leased, four-property multi-tenant industrial portfolio totaling approximately 286,000 square feet along with a one-acre land parcel in...
Facebook Canada launches grant program and new supports for small businesses

Facebook Canada launches grant program and new supports for small businesses

Facebook Canada today unveiled several new initiatives to support small businesses impacted by COVID-19. The announcement includes nearly $3.5 million in grants, virtual training...
Savills expects growth in life science real estate sector

Savills expects growth in life science real estate sector

Savills has identified and examined the social, ecological, demographic and technological trends that will decisively determine the global real estate market and could cause...
Trez Capital, Hines JV buys self-storage facility in Wylie, Texas

Trez Capital, Hines JV buys self-storage facility in Wylie, Texas

A joint venture between Trez Capital, a diversified real estate investment firm and provider of commercial real estate capital and debt financing solutions, and...
Realterm closes Realterm Logistics Fund III at $370m

Realterm closes Realterm Logistics Fund III at $370m

Realterm has announced the final close of Realterm Logistics Fund III (RLF III) at its hard cap of $370 million. RLF III is the...
U.S. real estate economists predict 'short-lived recession', survey finds

U.S. real estate economists predict ‘short-lived recession’, survey finds

U.S. real estate economists are predicting some light at the end of the tunnel with a short-lived recession and above average GDP growth in...
U.S. commercial real estate (CRE) prices increased by 6.5% YOY.

US CRE prices continue to grow in April, says RCA

US commercial real estate (CRE) prices increased by 6.5% YOY, not far off the 6.7% gain seen this time last year, according to the...

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