Several are tailored to address the challenges in logistics, warehousing, manufacturing and distribution. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: December 14, 2024 at 5:00 AM PST Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each … Read more
Chuey Fu’s Latin-Asian Grub has closed along Colfax after an eight-month run, ending a third bid to expand beyond its original Lincoln Park restaurant. “The sales just weren’t there,” owner Joe Knoblich said. His restaurant’s last day at 2205 E. Colfax Ave. was the day before Thanksgiving. “We just couldn’t get any support from that … Read more
Activist investor Barington Capital on Monday revealed a stake in Macy’s and pushed the retailer to consider options for its Bloomingdale’s and Bluemercury businesses and create a separate real estate unit within the company. Macy’s shares jumped 4% Monday morning. The exact size of Barington’s hold in Macy’s is unclear. Barington partnered with real estate … Read more
ChatGPT, Open Source’s artificial intelligence model, broke onto the mass market approximately two years ago. When Microsoft invested billions of dollars into this new technology, you knew it was a big deal. You can’t talk about the future of commercial real estate without recognizing the massive impact artificial intelligence is already having. ChatGPT, OpenAI’s groundbreaking … Read more
Balance in a market — or lack thereof — can dictate how offers are made or received. Think about it this way. If you’re an occupant in a buyer’s market, you have myriad choices. Conversely, try to transact in an environment weighted toward owners, and you’ll be lucky to have any choices. In the industrial … Read more
Ghosting — a term that started in the dating world to describe someone disappearing without a word — has found its way into modern professional life, including commercial real estate. It’s the unsettling silence that comes from one party simply vanishing at a critical moment in a deal. In an industry where every day counts … Read more
Sterling Plaza Apartments, a distinct, three-story apartment property in Laguna Beach passed down through generations of family owners, recently sold for $7.37 million The sale price amounts to $614,583 for each of the 12 ocean-view apartments. CBRE represented the Bay Area seller, saying it was the first time in 40 years that the property at … Read more
To focus a client’s search for only the best options, the initial property list shrank to 19 from 47 properties. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: November 2, 2024 at 5:00 AM PDT Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator … Read more
A New York judge on Thursday ordered Chrysler Building tenants to pay their rent to Cooper Union instead of the real estate company that owns the leasehold — and ordered the firm’s mogul Aby Rosen to pay $21 million in back rent to the school. The stinging setback comes after Rosen sued the venerable college, … Read more
As commercial real estate practitioners, we spend our days advising owners and occupants of locations. These may be office, retail or industrial. I’ve expanded my trade industrially for over four decades in Orange County and the Inland Empire. Over time, I’ve seen some wild swings in market activity — also known as buying and leasing. … Read more
