Commercial News

Top Stories: Toys R Us Gets Lifeline, Bigger Cities Have Amazon Edge, GOP Tax Outline, Fewer Students Leasing Apts.

Source: CoStar Advisor
Posted: September 29, 2017 at 12:00 AM by Stephanie Messina

Toys R Us Secures Financial Lifeline from Lenders, Hires Advisor to Renegotiate, Terminate Store Leases

Along with its DIP financing, Toys R Us plans to hire A&G Realty Partners to renegotiate or potentially terminate some of the leases across its portfolio of more than 1,600 stores worldwide... Read More

First Take: CRE Groups, Analysts Offer Initial Reaction to Republican Tax Reform Plan

Reactions from real estate groups and analysts ranged from outright support to opposition of proposal to limit or ban interest deduction of business debt...Read More 

Student Housing REITs Report Slower Leasing This Fall

Two of the largest owners and developers of student housing reported softer-than-expected leasing this past summer into fall... Read More

For Amazon’s HQ2 Search, Bigger May Be Better

Biggest US cities appear to have an edge in Amazon sweepstakes, midsize market’s strong suit is affordability... Read More

Pricing for CRE Property Sales Maintain Upward Trend Through Summer

Biggest gains seen in sale of lower-priced properties as investors pursued smaller properties across a wider array of markets... Read More


Japanese Tech Firm Signs First Lease in Former JC Penney HQ Complex

SAN FRANCISCO: Facebook Takes 436,000 SF in Market's Largest Office Lease Since 2014

NEW YORK CITY: Brookfield Lands Amazon for 360,000-SF Lease

DALLAS / FT. WORTH: Brookwood Sells 18-Story Irving Office Tower

SOUTH FLORIDA: Kaplan Renews 193,000-SF Lease in Fort Lauderdale


High Street, Olympus Commence Third Phase of Suburban Dallas Mixed-Use

SAN JOSE, CA: Essex Buys 24-Story Apt. Tower One Block Across from Google's Proposed Campus

SAN DIEGO: Olympus Property, Artemis Acquire 360-Unit Lux Apt. Complex

SOUTH FLORIDA: Pollack Shores, Crow Holdings Acquire 512 Units in Miramar

CINCINNATI: Mills, Hills Properties Break Ground on First of 7-Bldg. Apt. Project


Sand Capital Subsidiary Scoops Up 47-Store CVS Portfolio for $275M

DENVER: NewMark Merrill Completes 442,000-SF Center Anchored by Whole Foods, Sam’s Club, Regal Cinemas

CHICAGO: Estein USA Secures $270M Refi for JW Marriott Chicago

ALABAMA: GBT Realty Buys 234,000-SF McFarland Plaza in Tuscaloosa


With Latest Manufacturing Plant Expansion, Volvo's SC Investment Tops $1 Billion

SOUTH FLORIDA: Pair of Institutional Investors Trade Broward Industrial Portfolio for $54M

KANSAS CITY: Opus Breaks Ground on Second Spec Project in Commerce Center

HOUSTON: Canadian Industrial REIT Buys Apex Distribution Center

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