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Texas Is Winning the Corporate Relocation Race
The Worst Time to Build Retail Is Becoming the Best Time to Own It
ESRT Sells 250 West 57th Street at $70M Discount to Namdar Realty
CRE Is Recovering. A War and a Stubborn Fed Are Slowing It Down.
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Texas Is Winning the Corporate Relocation Race
Texas Is Winning the Corporate Relocation Race

While other markets debate whether the headquarters migration trend has legs, Dallas-Fort Worth just logged its 100th relocation since 2018 and keeps adding more.

THE TAKEAWAY

The Worst Time to Build Retail Is Becoming the Best Time to Own It
The Worst Time to Build Retail Is Becoming the Best Time to Own It

Nobody is building new retail right now — and the landlords who already own it are starting to realize that might be the best thing that’s happened to them in…

THE TAKEAWAY

ESRT Sells 250 West 57th Street at $70M Discount to Namdar Realty
ESRT Sells 250 West 57th Street at $70M Discount to Namdar Realty

Empire State Realty Trust has found a buyer for 250 West 57th Street, and the name attached to the deal says a lot about where Midtown office pricing stands right…

THE TAKEAWAY

CRE Is Recovering. A War and a Stubborn Fed Are Slowing It Down.
CRE Is Recovering. A War and a Stubborn Fed Are Slowing It Down.

Commercial property values ticked up in March, but a war-driven Treasury surge is keeping the recovery on a very short leash.

THE TAKEAWAY

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