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Tag: REIT

Blackstone among private equity companies acquiring warehouse space

Private equity company Blackstone’s real estate division, Blackstone Real Estate Income Trust (BREIT) has led a recent trend of purchasing warehouses and industrial real...

Report: Outlet Center traffic returns the fastest

The COVID-19 pandemic has hurt malls and outlet centers financially, but foot traffic has been climbing for both entities since May, according to a...

Taubman rejects Simon Property’s claim that $3.6B merger is dead

Taubman Centers is not quite ready to accept Simon Property’s claim the companies’ $3.6 billion merger is terminated, GlobeSt.com reports. Taubman, a real estate...

JC Penney files for bankruptcy

Retailer looks to form new company and REIT to help it emerge from Chapter 11. Clothing and home goods retailer JC Penney announced late last...

The Sale, Leaseback trend of MGM

MGM Resorts to Sell Vegas Properties Bellagio, Circus Circus Hospitality company, MGM Resorts International announced this week it’s selling its Bellagio and Circus...

Prologis Acquires Warehouse Owner IPT For $4B

Industrial real estate investment trust Prologis announced this week that it signed a merger agreement to acquire all real estate assets of the REIT...

Prologis is One of the Most Successful REITs in the World: How Do They Do It?

A highly customer-centric ethos and an unrelenting focus on technology and innovation has enabled Prologis, a real estate investment and trust, to become the...
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CBRS Alliance to Become OnGo Alliance

Rebrand in to support global shared spectrum initiative The CBRS (Citizens Broadband Radio Service) Alliance announced this week that it will change its name to...

Co-Living Company, Quarters, Files for Bankruptcy

Eight Quarters properties and two other limited liability companies filed for Chapter 7 bankruptcy last week. The eight property LLC’s located in New York...

C-Band auction concludes at record $80.9B

The Federal Communications Commission (FCC) announced last week that the clock phase of the C-Band auction (107), which made available licenses for 280 megahertz...

Fabric looks to turn empty retail spaces into fulfillment centers

With $136 million raised, startup company Fabric is looking to shake up the fulfillment center industry, The Real Deal and Business Insider reports. Fabric,...

T-Mobile inks new deals with Ericsson, Nokia to enhance 5G network

T-Mobile’s 5G coverage got another recent boost, as it has signed five-year, multi-billion dollar agreements with Ericsson and Nokia. After merging with Sprint last...

Qualcomm to Acquire NUVIA to power devices, self-driving cars

Qualcomm Technologies has entered an agreement to acquire NUVIA, which specializes in creating computing platforms, for approximately $1.4 billion. The company said the acquisition...

AT&T hypes 5G+ service in Tampa—but how disappointed will users be?

Wireless carrier AT&T recently announced its 5G+ service, which uses millimeter wave spectrum, is available for businesses, residents and visitors to use in the...

Private LTE Market is Projected to Reach USD 13 Billion by 2026

According to a recent study from market research firm Global Market Insights, The demand for private LTE market is anticipated to grow at an...