Commercial Building & Real Estate News

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) – through its subsidiaries, one of the world’s leading manufacturers and providers of plumbing, heating and water quality products and solutions – was named one of Newsweek’s World’s Greenest Companies 2026. This marks the second consecutive year that Watts has received this recognition of the company’s continued dedication to advancing environmental sustainability across its operations, products and solutions. To...

NEW YORK--(BUSINESS WIRE)--The Empire State Building Observation Deck (ESB) – the #1 Attraction in the United States – today announced further 2026 programming for soccer fans in New York City with the world’s most iconic jersey collection from the Classic Football Shirts (CFS) vault, a limited-edition ESB x CFS jersey, official merch giveaways, and special lightings. “As the world descends upon New York City for this anticipated global soccer event, fans can visit the Empire State Building Obs...

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its operating partnership, Essential Properties, L.P. (the “Operating Partnership”), has priced a public offering of $400 million aggregate principal amount of 5.375% Senior Notes due 2036 (the “Notes”). The Notes were priced at 98.119% of the principal amount and will mature on July 15, 2036. The offering is expected to settle on June 15, 2026, subject to the satisfaction...

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite REIT” or “Granite”) (TSX: GRT.UN) announced today the results of the matters voted on at its annual general meeting of unitholders held virtually earlier today (the “Meeting”). Each of the individuals nominated for election as a trustee of Granite REIT, as set out in Granite’s Management Information Circular dated April 9, 2026, were elected as set out below. A total of 46,872,896 units (77.29% of outstanding units) were r...

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 15, 2026, to all shareholders of record at the close of business on June 30, 2026. About Granite Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well...

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (NYSE: VTMX; BMV: VESTA), a fully-integrated, internally managed real estate company that owns, manages, develops and leases industrial properties in Mexico, today announced that, in connection with its previously completed global offering, the international underwriters have exercised their option to purchase an additional 7,749,200 common shares represented by American Depositary Shares, or ADS, at a price...

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.45 per share of common stock for the period from April 1, 2026 to June 30, 2026. The dividend will be payable on July 9, 2026 to stockholders of record as of the close of business on June 18, 2026. About VICI Properties VICI Properties Inc. is an S&P 500® experiential real estate investment trust that owns one of th...

ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its first quarter of fiscal year 2027 ended April 30, 2026. The Company will host an investor conference call today, June 4, 2026, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data)       April 30,         For the Quarter Ended:   2026   2025   Change   Revenues   $ 290,954   $ 193,660   $ 97,294   Gross profit     61,114     36,863  ...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Today CBL Properties (NYSE:CBL) announced exciting new retailers and restaurants joining West County Center in St. Louis, MO. Construction is underway on The Cheesecake Factory, located in West County Center’s prominent Restaurant Village, and is expected to open this fall. In addition to The Cheesecake Factory, a first-to-market new restaurant concept is expected to be announced in the coming months. “The Cheesecake Factory is very pleased to be opening a r...

ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison today announced that relief efforts for community members impacted by the Eaton Fire continue to advance, with over $650 million offered through the Wildfire Recovery Compensation Program. More than 70% of offers have been accepted, with additional decisions pending, as more participants move from claims to compensation. “We know recovery doesn’t happen all at once — it happens one step at a time,” said Pedro J. Pizarro, president an...