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Purchases across the country rose 0.7 percent in August, easily outpacing estimates by retail analysts. (iStock)
National

Big month for retail sales bodes well for landlords

Americans still love their stuff. Overall retail purchases rose 0.7 percent in August, easily beating out the median estimate...

Big month for retail sales bodes well for landlords
(Getty Images)
Los Angeles Issue

SoCal’s “Space Beach” is ready for liftoff

Amazon, UPS and FedEx were all interested. In 2019, a former Boeing C-17 manufacturing facility in Long Beach, abandoned...

SoCal’s “Space Beach” is ready for liftoff
Amazon CEO Andy Jassy with Executive Chair Jeffrey Bezos
National

Amazon to open 100 more US facilities in September

Christmas is already on the horizon for Amazon. The tech giant, among the biggest players in the industrial real...

Amazon to open 100 more US facilities in September
National chains paid 95% of rent, while mom-and-pop shops paid 89%. (iStock)
National

August retail rent payments close to 2019 levels

Despite the delta variant causing a new wave of restrictions on businesses, most retailers are paying their rent at...

August retail rent payments close to 2019 levels
Blackstone CEO Stephen Schwarzman and Soho China CEO Zhang Xin (Getty)
National

Blackstone bails on $3B acquisition of Soho China

Blackstone has pulled the plug on its $3.05 billion acquisition of Soho China, initially announced three months ago. In...

Blackstone bails on $3B acquisition of Soho China
Donald Trump with the Trump International Hotel & Tower in Chicago (Getty, iStock)
Chicago

Trump gets another tax break on Chicago skyscraper

Donald Trump just got another break on his taxes. The former president is in line to receive a $300,000...

Trump gets another tax break on Chicago skyscraper
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