Some developers are looking at building apartments from shipping containers to help alleviate the affordable housing crunch, MarketWatch reports. Dick's Sporting Goods was the winning bidder for Golfsmith International’s US business and plans to keep 30 of its stores open, according to Retail Dive. These are among today's must reads from around the commercial real estate industry.
Macy's is in negotiations with a potential buyer of its landmark store in downtown Minneapolis in a deal that could result in the retailer remaining in a much smaller space, or potentially exiting downtown altogether.
The state's unofficial bird, the construction crane, has flown the coop in Honolulu. Crane counts across the city's skyline have decreased during the last six months with the completion of several projects.
NMHC's third quarter data shows softer multifamily market conditions, reports MultiHousing News. The Street interviews JCR Capital's CEO on the ramifications of a Clinton or Trump administration. These are among today's must reads from around the commercial real estate industry.
Without a fix, commuters could abandon the service called BART -- exacerbating clogged freeways, undermining new corporate relocations and setting back the area that’s already straining under the most expensive residential real-estate market in the country.
Federal Reserve Chairman Janet Yellen may be giving a signal for investors to go after hard assets, according to MarketWatch. The Walgreens/Rite-Aid deal may be derailed because of difficulty in disposing of stores, reports Business Insider. These are among today’s must reads from around the commercial real estate industry.
Florida-based real estate investor Atlantic Pacific Cos. has acquired two Class A apartments in Dallas-Fort Worth totaling 730 apartments, which will bring its multifamily holdings in the Lone Star state to nearly 3,000 units.
Blackstone's head of real estate contends the Fed raising the interest rates won't mean doomsday for the housing industry, CNBC reports. Lidl will begin its U.S. expansion in 2018 and expects to have 630 stores by 2023, according to Chain Store Age. These are among today's must reads from around the commercial real estate industry.