Google plans to invest more than $10 billion in offices and data centers, reports Reuters. 7-Eleven to expand new store concept, according to Chain Store Age. These are among today’s must reads from around the commercial real estate industry.
Outlet center operators are reporting strong NOI growth. But rising tenant bankruptcies are likely to have an impact.
Developers in some of the nation's largest markets are still adding new units to the pipeline, in spite of fear rent regulation laws will only get tougher.
There have been no hotels sold in New York City in the three months through January, according to Real Capital Analytics
