Area News
Large deals push US commercial property prices higher
In the fourth quarter, U.S. commercial real estate prices improved for large-dollar deals in major markets, while smaller transactions in secondary markets either stabilized or …
AT&T’s $850 million sale-leaseback deal serves as model for future transactions
AT&T has sold over 13 million square feet of underutilized real estate to Reign Capital for more than $850 million in a sale-leaseback deal. The …
Advance Auto Parts puts more than 200 stores on the market
Advance Auto Parts has engaged Hilco Real Estate to sell over 200 of its stores and leases across 46 states, as part of a strategy …
Apartment developer buys, plans to demolish Gateway office building
A Gateway office building located just north of Daniels Parkway in Fort Myers, Florida, has been sold for $8.9 million to The Garrett Companies, an …
Federal housing leaders launch new initiative aimed at disaster preparedness after recent hurricanes
The U.S. Department of Housing and Urban Development (HUD) and the Federal Emergency Management Agency (FEMA) have launched the Pre-Disaster Housing Initiative to help states …
Elon Musk-led Department of Government Efficiency pushes return of full workweek for federal workers
Elon Musk, co-leader of the newly formed Department of Government Efficiency, plans to enforce a full five-day workweek for all federal employees as part of …
Ken Griffin and the Big Miami Real-Estate Mystery
The article “Ken Griffin and the Big Miami Real-Estate Mystery” by the Wall Street Journal is not freely available, but I can provide a summary …
Analysts: Charlotte County’s rapid population growth calls for more services
Charlotte County’s population increased 5.2% from June 2023 to March 2024. During a Nov. 12 Board of County Commissioners meeting, analysts recommended steps to be …
Washington Post joins corporate America in return of five-day office mandate
The Washington Post has announced a return to a five-day in-office workweek starting next year, ending its remote and hybrid policies established during the pandemic …
Here are six notable housing-related measures voters decided this week
Voters across several states and cities made significant decisions regarding housing and property taxes during the recent Election Day. In Charlotte, North Carolina, residents approved …