Ireland-based fast fashion retailer Primark will open its first Maryland store on September 7 at Arundel Mills mall, according to Retail Insight Network. Fibre2Fashion reports that the Primark space at Arundel Mills is 36,000sf. CoStar quotes Kevin Tulip, Primark’s United … Continue reading →
According to the IEA, the buildings and construction sector accounted for 36 percent of final energy use and 39 percent of energy and process-related carbon dioxide (CO2) emissions in 2018, 11 percent of which resulted from manufacturing building materials and … Continue reading →
According to the National Association of Real Estate Investment Trusts (Nareit), REITs of all types collectively own more than $4.5 trillion in gross assets across the U.S. and U.S.-listed REITs have an equity market capitalization (stock market value) of more … Continue reading →
In the industrial sector, REITs and institutional investors are replacing smaller, private owners. According to Business Insider (citing data from CBRE), over each of the past 12 years, institutional investors have purchased more warehouse space than they’ve sold, while private … Continue reading →
WashREIT has entered into two agreements with separate institutional buyers to sell a total of eight retail assets. The first sale agreement includes the following five retail assets: Gateway Overlook, Columbia, MD; Wheaton Park, Wheaton, MD; Olney Village Center, Olney, … Continue reading →
Warren Buffett’s Berkshire Hathaway Inc. has invested $377 million for a 9.8 percent stake in Store Capital Corp., a net-lease REIT that focuses on service tenants such as day care centers, health clubs, restaurants and supermarkets. Less than a twenty … Continue reading →
Vornado Realty Trust will spin off and merge some of its DC area portfolio with The JBG Companies to form JBG Smith Properties. The new REIT will include 11.8 million square feet of office space, 4,451 multifamily units and a … Continue reading →
If gaming is legalized in Japan, MGM Resorts International would invest up to $10 billion on an integrated resort (casino, hotel, shopping and conference space) in Tokyo, Yokohama or Osaka, according to Reuters So, it is recommended not to buy … Continue reading →
Japan-based Unizo Holdings Co. Ltd. recently acquired The Executive Building, a 332,022sf, class A office building located at 1030 15th Street NW for $228 million ($686.70/sf). Completed in 2008, the 12-story, LEED Gold property is 93 percent leased. Tenants include … Continue reading →
Chevy Chase, Maryland-based The JBG Companies, will not acquire New York REIT (NYRT), according to a joint press release issued on The only time any side purchase generic levitra effects were found was if it was taken without eating something. … Continue reading →