Real Estate

Target’s new store in Katy, Texas, covers almost 150,000 sq. ft., compared with the company average of about 130,000. The backroom space devoted to handling online orders for same-day pickup is five times as large as at stores of a similar size.

Brookfield has launched fundraising for an opportunistic credit fund that it expects to be more than $16 billion, according to a letter to shareholders from Chief Executive Officer Bruce Flatt on Thursday.

Tenant demand for life sciences space is declining due to a slowing economy, rising interest rates and a pullback in available venture capital.

Multifamily Dive reports on a new lawsuit alleging RealPage, GreyStar and other managers artificially inflated the rents on student housing projects. CRE pros are using the new transparency pay law in New York City to gauge their current...