Top News for Real Estate Pros
Washington’s Wizards, Capitals Set To Leave DC for New Arena in?Virginia
The Washington Wizards and Washington Capitals are set to move to a new arena at JBG Smith’s Potomac Yard project in Virginia. The arena will be an anchor for a proposed $2 billion, 9 million-square-foot mixed-use commercial development.
Google Provides First Look at Plans for Chicago’s Thompson?Center
About 18 months after striking a deal to buy the futuristic James R. Thompson Center in Chicago, 谷歌 is providing a first look at its vision for the Helmut Jahn-designed office building in the heart of the Loop business district.
Mall Owner PREIT Files for Chapter 11 for Second Time in Three?Years
Mall landlord PREIT has filed for bankruptcy protection for the second time in three years as it struggles to cope with a retail property landscape disrupted by the pandemic, saying it has arranged financing and is reorganizing to reduce its overall indebtedness by about $880 million.
Don’t Live Near an Office? Kroger’s New In-Person Mandate Could Require Employees To?Move.
Kroger Co. is ordering thousands of office employees to return to their desks three days a week, even if it means they need to relocate to make the newly required commute.
McDonald’s Spinoff CosMc’s Coming Soon to Chicago, Dallas and San Antonio?Areas
麦当劳 plans to open several CosMc’s restaurants by the end of next year, including one not far from the company’s Chicago headquarters, in a drink and treat spinoff that comes amid a planned aggressive expansion by the fast-food giant.
Exciting news and shifts in #CRE! ?? Remember, as Steve Jobs once said, "Innovation distinguishes between a leader and a follower." Let's embrace these changes and lead with innovation. Speaking of leading, there's an opportunity to be part of history with the Guinness World Record of Tree Planting. ?? Learn more here: https://bit.ly/TreeGuinnessWorldRecord Let's make a difference together!
Exciting developments in the #CRE world! ?? “Change is the only constant in life.” - Heraclitus. Both the Wizards and Capitals moving and Kroger’s new mandate show the dynamic nature of business and city landscapes. ???? Let’s embrace the evolution and see where these opportunities take us! #Innovation #Adaptability