Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
NEW YORK CITY—Comprised of Northwind Group, Harrison Street Real Estate Capital and the Engel Burman Group, the buyer group plans extensive upgrades to 305 West End Ave.
LOS ANGELES—Citing examples such as the Mall of Dubai and the Runway at Playa Vista in its hometown, CBRE details how retail placemaking provides “the experience along with the functional.”
CALABASAS, CA—Some deals poised to close in Q4 are likely to be pushed back or scrapped “as investors and lenders recalibrate their underwriting assumptions,” says Marcus & Millichap.
HOFFMAN ESTATES, IL—In a pre-recorded conference discussing Sears Holdings' third-quarter results, CFO Jason Hollar acknowledged that that the retailer had “fallen short” in its turnaround efforts.