The last quarter of 2025 came with price haircuts across much of the U.S. real estate landscape. Urban offices were hit particularly hard. Commercial properties took price haircuts across the U.S. at the end of 2025, according to MSCI. While MSCI’s…
The Kroger Co. is pulling back from developing a network of automated e-commerce fulfillment centers and will instead focus on expanding its brick-and-mortar grocery store network. The grocery chain announced it would close three of its eight robotics-powered fulfillment centers. The centers…
The ride is nearly over for the Six Flags America and Hurricane Harbor amusement park in Prince George’s County, Maryland. An aerial view of Six Flags America in Prince George’s County, Maryland The park is planning to close after this…
A mystery buyer has apparently agreed to buy $725 million in debt on two of San Francisco’s largest hotels, reported the San Francisco Business Times. The 1,921-key Hilton San Francisco Union Square and 1,024-key Parc 55 San Francisco have been under court-appointed receivership since the fall of…
Cantor Fitzgerald, L.P. and Silverstein Properties, Inc. said Monday they had closed on Cantor Silverstein Opportunity Zone Trust II, Inc. with more than $470 million of equity raised. CSOZ Trust II includes four planned multifamily and mixed-use developments totaling 1,932 multifamily units and…
Joann Fabrics announced it would be closing more than 800 of its locations, weeks after announcing the closure of 500 stores. That includes the 36 remaining stores in Illinois. Prior to the announcement, the fabrics and crafts company had planned…
Fabrics and crafts retailer Joann will close 500 of its 800 stores in the coming months as it goes through its second Chapter 11 bankruptcy, according to published reports. CNN reported that the closings cover all 50 states, with California,…
Hanley Investment Group Real Estate Advisors arranged the sale of two new construction, single-tenant properties occupied by a Quick Quack Car Wash to two private buyers within 30 days. The two properties in Grand Terrace and Lodi sold for a combined…
BRP Companies and The Prusik Group have updated their plans for the Mall West End property after it shuts down. With the mall set to officially close at the end of January, the development team has been working with legacy…
Hanley Investment Group Real Estate Advisors and Colliers closed the sale of a corporate single-tenant property occupied by Jack in the Box Drive-Thru at 1257 Park St. in Alameda. The purchase price was $4 million. EVPs Bill Asher, Jeremy McChesney and Jeff…
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