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

Grocers are using Dallas-Fort Worth and other Texas markets to test their home delivery options in a region with high competition but more reasonable costs. Market heavyweights Walmart and Kroger are among those setting up innovation labs in the region.

More Summaries:
Walmart, Kroger
10/19/2018

Walmart-owned Sam's Club will offer online shopping and delivery via Instacart from half its US stores by the end of October, the companies said. The deal, which represents an expansion of Walmart's partnership with Instacart, will also allow nonmembers to shop online at Sam's Club.

Full Story:
TechCrunch
More Summaries:
Sam's Club, Sam, Instacart, Walmart
10/19/2018

Sears won't print its Wish Book holiday catalog this year, but will launch an online version of the book early next month. The retailer, which filed for Chapter 11 bankruptcy protection this week, revived the print catalog last year for members of its loyalty program.

More Summaries:
Sears
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.

Full Story:
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.

More Summaries:
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.

More Summaries:
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.

More Summaries:
Sears, Willis Tower, Roebuck & Co.