T-Mobile storefront

Merger of T-Mobile and Sprint Could Reshuffle Millions of Square Feet

The leaders of T-Mobile US and Sprint Corp. are likely to reshuffle their retail line-ups and cell tower networks while keeping headquarters operations in both Seattle and Kansas City…
Detroit recovery

Detroit Nears End to State Oversight as City Finances Recover

(Bloomberg)—Detroit appears poised to emerge from years of state financial oversight, showing the city has made strides toward reversing the long economic and fiscal decline that pushed…
welltower deal

Is Welltower’s Deal with ProMedica a Risky Venture or a Smart Move?

Welltower Inc.’s announcement of its joint venture with a healthcare provider to acquire a real estate company that’s focused on post-acute, skilled nursing and memory care/assisted…
Newark broad street station

A $1 Billion Real Estate Boon Near Newark Commuter Station

(Bloomberg)—SJP Properties and Aetna Realty are planning to spend as much as $1 billion on a project beside a Newark, New Jersey, commuter-rail hub, the latest in a spree of upscale…
Prologis warehouse

In Age of Amazon, a Warehouse Powerhouse Is Getting Even Bigger

(Bloomberg)—For Prologis Inc., the world’s largest warehouse owner, the biggest challenge to growth has been acquiring land in the markets most important to its e-commerce tenants.…
Going out of business

10 Must Reads for the CRE Industry Today (April 30, 2018)

Prologis is acquiring a smaller U.S. industrial rival in a deal valued at $8.4 billion, Reuters reports. Business is booming for companies that run going-out-of-business sales amid growing retail store closures, according…
Florida State University

A Look at the Most Active Markets for Student Housing Development

Student housing developers are playing it safe and building most of their new projects close to the largest universities. “Tier one markets continue to attract the most development and…
commercial property sales

New Federal Rule Exempts Nearly One-Third of Commercial Property Sales

A new federal rule doubling the threshold for commercial real estate deals requiring an independent appraisal will reduce the time, cost and regulatory burden associated with processing…
ten must reads Amazon HQ2

10 Must Reads for the CRE Industry Today (April 27, 2018)

Investors are not buying REIT stocks, the Wall Street Journal reports. Pittsburgh citizens demand to see details of the city’s Amazon HQ2 bid, according to the Pittsburgh Post-Gazette. These are among today’s must…
Federal Reserve Building

Fed May Lean Toward Four Rate Increases in 2018 After Wages Data

(Bloomberg)—Faster U.S. wage gains probably nudge the Federal Reserve toward raising interest rates a total of four times this year, rather than the three moves officials had penciled…