Hicksville Home Depot distribution center sells for $74.5M
A Minnesota-based insurance company has acquired a new Home Depot distribution center on Long Island. Lincoln Equities Group of...
MOST RECENT ARTICLES BY:
Akiko Matsuda
National Issue
A long road ahead for office landlords
Manhattan’s Paramount Group received an unsolicited takeover bid early last month for about two-thirds of what the company was worth prior to Covid. Just a few weeks later, the real estate investment trust’s board...
Sentinel Real Estate pays $53M for mixed-use complex in Connecticut
Sentinel Real Estate acquired a 136-unit apartment building in Norwalk, Connecticut. The development also has four commercial units. Sentinel...
National
LaSalle CEO Jeff Jacobson stepping down
Change is coming to one of commercial real estate giant JLL’s subsidiaries. LaSalle Investment Management announced this week that CEO Jeff Jacobson will step down effective Jan. 1. Jacobson, who has been in the...
National Issue
Family offices are gearing up to pounce on distressed real estate
The world was still feeling the aftershocks of America’s subprime mortgage crisis when Julien Haccoun landed his MBA and...
National
Leadership shake-ups hit Vornado, Cushman & Wakefield and Howard Hughes
Three major real estate firms announced shake-ups to their leadership teams this week. Vornado Realty Trust’s chief financial officer...
National
CBRE lowers SPAC IPO valuation target to $350M
CBRE Acquisition Holdings, a blank-check company formed by CBRE Group, has lowered the target deal size for its upcoming...
National
Domio not shutting down, plans “financial re-engineering”
Reports of Domio’s demise have been greatly exaggerated, according to the company’s interim CEO. In response to a recent...
Los Angeles
Industrious partners with landlords to offer tenants satellite workplaces
Flexible-office provider Industrious is partnering on a program with office landlords that will give tenants the ability to use...
CBRE to shutter White Plains office, lay off 35 employees
CBRE Group will permanently close its office in White Plains, laying off 35 employees, according to a notice recently...