Commercial Real Estate
Top stories summarized by our editors
10/19/2018

Collateralized loan obligations, or CLOs, have become a popular financial instrument again on Wall Street, to some observers' chagrin, as a variation of these structures were in part responsible for the financial crash. "If there turns out to be an issue, this is where the unfinished business of the post-crisis financial reform efforts is going to be revealed," Harvard Law School professor and former Fed oversight governor Daniel Tarullo says.

10/19/2018

Alexandria Real Estate Equities has reached an agreement with New York City to add a third building to the Alexandria Center for Life Science in Manhattan's midtown Kips Bay neighborhood. The REIT will start building the 550,000-square-foot tower in 2020.

10/19/2018

As regional and mid-level groups start to supplant national owners and operators in the skilled nursing industry, concerns about market, operations and regulations are being considered. "Ten years ago, everyone wanted to be a big national player, but it's hard to create those relationships in 50 states," Greystone's Mark Jarrell says.

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GlobeSt
10/19/2018

The growing consensus is that Amazon ultimately will select the northern Virginia region as a site for its second headquarters. The Crystal City submarket, where JBG Smith owns many of the buildings, is seen by speculators as the ideal site.

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Amazon, JBG Smith
10/19/2018

While many landlords are excited about the possibility of leasing space that Sears will vacate because of its bankruptcy, others see some downsides. If the retailer is liquidated instead of emerging from Chapter 11, it will add 100 million square feet of vacant space to the market, which would hurt lower-performing malls.

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Sears
10/19/2018

With a combination of Asian food spots, Carriage Hills Plaza in Davie, Fla., has become a popular destination. The property features six eateries and a diverse supermarket, giving it a unique tenant makeup.

10/19/2018

Chicago's skyline has numerous buildings that were built after Sears, Roebuck & Co. first opened its doors in the city. In this look back at several of the buildings, including Willis Tower, which was formally Sears Tower, Ryan Ori writes about how each has changed the region.

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Sears, Willis Tower, Roebuck & Co.
10/19/2018

Downtown Dadeland in Miami was once a struggling retail center, but it was turned around via transformation into an urban, mixed-use space and selective addition of retail tenants. The 127,635-square-foot property, which was recently sold to Midtown Capital Partners of Miami, is now 98% leased and has doubled in value since 2014.

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CoStar Group
10/19/2018

Schiaparelli, a French couture brand, will partner with Bergdorf Goodman in several initiatives to increase its US presence. It will open a pop-up boutique at the retailer's Fifth Avenue store in New York City, and it will also take over window displays.

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Forbes
10/19/2018

Upstart retailers are helping to transform retail centers across the county. Neighborhood Goods is a new concept that provides short-term and flexible leases to help bring online brands to local markets, while Fourpost will showcase about 30 local brands to give those brands better access to customers.

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Inc. online