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Akiko Matsuda






    Travelers CEO Alan Schnitzer and a rendering of the distribution center (Photos via Travelers; rendering via JLL)

    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...

    Hicksville Home Depot distribution center sells for $74.5M
    A long road ahead for office landlords
    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...

    A long road ahead for office landlords
    Mark Gabbay and Jeff Jacobson (LaSalle, iStock)
    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...

    LaSalle CEO Jeff Jacobson stepping down
    CBRE CEO Robert Sulentic (iStock)
    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...

    CBRE lowers SPAC IPO valuation target to $350M
    Domio’s interim CEO Jim Mrha (Photos via Domio; iStock)
    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...

    Domio not shutting down, plans “financial re-engineering”

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