Top News for Real Estate Pros

Top News for Real Estate Pros

Google Looks To Offload Another Big Office Campus in Silicon?Valley

谷歌 has been on an aggressive cutting spree since the beginning of the year, reversing a decade-long expansion as demand for its products and services soared and the company had to lease large swaths of space for its record headcount growth. However, Google parent Alphabet Inc. , has responded to slowing revenue growth and mounting economic uncertainty by shifting priorities to profitability over expansion.

Read the full story here.


Yellow Agrees to Tentative $1.3 Billion Bankruptcy Bid for Properties Across North?America

Yellow accepted that offer from rival trucker Estes Express Lines to open the process for parting with its 166 properties that mainly consist of truck terminals, Yellow attorney Allyson Smith said Thursday in a hearing related to its Chapter 11 bankruptcy protection filing. The bid sets the minimum purchase price for the real estate and allows other companies to make competing offers to Estes' bid.

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Huge Apartment Complex on Chicago’s South Side for?Sale

A group of investors including Chicago developers Farpoint Development and Golub & Company hired 仲量联行 brokers to seek a sale of the 1,675-unit apartment complex near Lake Michigan. Bids could approach $200 million after the Chicago developers and equity partner Goldman Sachs Urban Investment Group poured about $40 million into upgrades to the 20-acre complex.

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Here’s Why a Big French Retail Owner Changed Its Mind on US?Malls

Unibail-Rodamco-Westfield’s plan to put the brakes on its mall divestitures has major commercial real estate implications nationally, involving more than a dozen potential transactions on properties valued at billions of dollars as the company has been among the most active sellers of U.S. retail real estate in recent years, according to CoStar data.

Read the full story here.


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Malik Asad Sher

Entrepreneur | Business Development Expert | Affiliate Marketer | Helping Brands Scale & Generate Leads | Growth Strategist with a Focus on Partnerships & Innovation | Open to Connect & Collaborate on LinkedIn

1 年

Great share

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KRISHNAN N NARAYANAN

Sales Associate at American Airlines

1 年

Great opportunity

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Max Ruso

AdTech AI | Data Analytics | Paid Media Automation | Google Ads | ABM

1 年

Hey CoStar News, for how much money did Sergey and Larry rob you? Or Bing? I bet If I look at your @google ads I will find 100m+... the question is how long back will it be as I know you spend a lot of budgets on ads.

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