Wall Street Journal

CBRE Global Investors Buys Stake in Three GGP Malls

Posted by WSJ on August 27, 2018
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One of the world’s largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail property.

CBRE Global Investors Buys Stake in Three GGP Malls

Posted by WSJ on August 27, 2018
Wall Street Journal / Comments Off on CBRE Global Investors Buys Stake in Three GGP Malls
One of the world’s largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail property.

CBRE Global Investors Buys Stake in Three GGP Malls

Posted by WSJ on August 27, 2018
Wall Street Journal / Comments Off on CBRE Global Investors Buys Stake in Three GGP Malls
One of the world’s largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail property.

FAO Schwarz Is Returning to New York

Posted by WSJ on August 27, 2018
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A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.

FAO Schwarz Is Returning to New York

Posted by WSJ on August 27, 2018
Wall Street Journal / Comments Off on FAO Schwarz Is Returning to New York
A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.

FAO Schwarz Is Returning to New York

Posted by WSJ on August 27, 2018
Wall Street Journal / Comments Off on FAO Schwarz Is Returning to New York
A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.

Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.

Posted by WSJ on May 17, 2018
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The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump’s son-in-law and adviser.

Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.

Posted by WSJ on May 17, 2018
Wall Street Journal / Comments Off on Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.
The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump’s son-in-law and adviser.

Sportswear-Maker Puma to Open New York Flagship

Posted by WSJ on May 17, 2018
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Germany’s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.

Sign of the Times: New Office Space Created in Retail’s Tumult

Posted by WSJ on February 25, 2018
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Normandy Real Estate Partners’ $133 million deal for the upper portion of ABC Carpet’s flagship store is an example of office space edging into territory that once was retail’s domain.