Newmark Group Acquires RFK Retail Holdings
Newmark Group announced that it has agreed to acquire RKF Retail Holdings and subsidiaries which make up the RKF brand, according to the PR News […]
Retail & Office Space
CBRE Wins Bid to Manage a 720K Square Foot Complex in Downtown Los Angeles
CBRE beat out rivals JLL and Lincoln Property Company to manage 720,000 at the mix-use development known as the Bloc in downtown Los Angeles, reported […]
Facebook Leases 1 Million Square Feet in Sunnyvale
Social media giant Facebook has leased more than 1 million square feet in Sunnyvale, reported the San Jose Mercury News. The deal was arranged through a […]
More CRE Executives Plan to Switch to Unassigned Seating
More than half of corporate execs say they plan to switch to unassigned worker seating for all or some of their employees during the next three years, […]
Real Estate Startup SquareFoot Raises $7 million to Help with Growth Plans
Commercial real estate technology startup SquareFoot announced that it successfully raised $7 million in a series A round of financing to accelerate expansion within New York City, […]
WeWork Entices Brokers from CBRE, JLL and Cushman with Bigger Commissions
WeWork, a $20 billion co-working startup, signed agreements with CBRE, Cushman & Wakefield and JLL in North America, giving their brokers a 20 percent fee […]
Cushman: Retail Carnage to Get Worse with 12,000 Store Closures in 2018
Cushman & Wakefield predicts 12,000 stores will close in 2018, up from 9,000 last year, Business Insider reported. Another 25 major retailers could file for bankruptcy this […]
Office Vacancy Rates Drop to their Lowest Levels in 10-Years
According to Transwestern’s newly released 2017 year-end report on the national office market, the U.S. office market’s nationwide December 2017 vacancy rate of 11.5 percent […]
The Most Valuable Malls in America
The 20 most valuable malls in America that are owned by real estate investment trusts bring in roughly $21 billion in retail sales annually, according to […]
Three Reasons Newmark Knight Frank’s IPO Disappointed
Newmark, a commercial real estate services firm that includes brokerage Newmark Knight Frank, went public in early December with plans to sell 30 million shares at a price […]