Commercial Building & Real Estate News

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Samsung Canada announced the continued expansion of its national retail footprint with the upcoming openings of three new Samsung Experience Stores...

AUSTIN, Texas--(BUSINESS WIRE)--Amy Porterfield, John Lee, Dan Buettner, Shawn Johnson East, and Andrew East to headline KW’s CEO Summit....

PRICE, Utah--(BUSINESS WIRE)--Hunt Capital Partners and CJM Development Group announce the grand opening of Homestead Landing Apartments, which took place on April 22. Located in Price, Utah, the brand-new residential development introduces 168 affordable two- and three-bedroom homes dedicated to households earning up to 60 percent of the Area Median Income. The newly constructed community provides residents with a comfortable, modern living experience. Each apartment home features central air...

TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), today confirmed that the Board of Trustees has established a special committee of independent trustees (the “Special Committee”) in response to an unsolicited proposal (the “Proposal”) received from affiliates of Slate Asset Management, the external manager of the REIT (the “Manager”). The Special Committee has a broad mandate to consider and evaluate a broad range of strategic alternatives, including, but not...

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN) (“Granite REIT” or “Granite”) today announced the acceptance by the Toronto Stock Exchange (the “TSX”) of Granite’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB, Granite proposes to purchase through the facilities of the TSX and any alternative trading system in Canada, from time to time over the next 12 months, if considered advisable, up to an aggregate of 6,038,313 of Granite...

LONDON--(BUSINESS WIRE)--Improving investor sentiment narrows the office yield gap between London and major regional markets, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. Based on a three-quarter trailing average, London’s transaction-based office yield rose 50 basis points to 6.5% in Q1 2026, up from 6% in Q4 2025 and a recent low of 5.8% in Q3 2025. “Average office yields outside London fell sli...

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Gerber Collision property for $3.5 million. The property is located in a highly trafficked corridor in North Carolina and corporate-operated under a triple net lease with approximately eight years of term r...

GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and other open-air retail shopping destinations, has released its 2025 Impact Report for the annual period ending December 31, 2025, marking a decade of reporting on the company’s sustainability and corporate responsibility initiatives. Also today, the Institute for Market Transformation announced that Tanger has been named a 2026 Green Lease Leader at the Silver level. Launched in 2014, Green Lease L...

HUNT VALLEY, Md.--(BUSINESS WIRE)--Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) today announced that Matthew Gourmand, President of Omega, will become the Company’s Chief Executive Officer in conjunction with the planned retirement of Taylor Pickett effective October 1, 2026. Mr. Pickett will step down from the Board of Directors upon his retirement, and the Board of Directors intends to appoint Mr. Gourmand to the Board, effective on that date. Omega also announced t...

ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison today announced another milestone in recovery efforts following the Eaton Fire, with more than 1,200 individual claimants paid through the Wildfire Recovery Compensation Program. “Every payment represents a step forward for someone after the Eaton Fire,” said Pedro J. Pizarro, president and CEO of Edison International, SCE’s parent company. “We remain focused on moving claims forward as efficiently and thoughtfully as possible, recog...