Four Florida cities ranked in the Top 10 for U.S. rent prices that exceed what renters should be paying based on historical trends, according to the latest Waller, Weeks and Johnson Rental Index.
Read the full story by @RlawsonMedia
CoStar News
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- .@Chewy is looking to get its products in the hands of its Northeast and Midwest customers even faster with a new 1 million-square-foot fulfillment center the company says will create "at least" 1,000 full-time jobs in northeast #Pennsylvania. bit.ly/34ZWqeR
- The decades-old office buildings that @Walgreens plans to sell could be the latest in that pocket of #Chicago's suburbs to be demolished and replaced with a new use such as apartments or warehouses. Read the full story by @Ryan_Ori
- New York City-based Clarion Partners has listed their office building in downtown San Francisco with a price that's roughly half what the investment firm paid nearly a decade ago. Read the full story by @KBurkeSF
- #Manhattan's office visitation rate rose to 61% in the first quarter, up 10 percentage points from a year earlier, and doubling the pace in the first quarter of 2021, according to a study.
- Voters in Beverly Hills, California — one of the wealthiest cities in America — have officially shot down #LuxuryHotel development plans along the world famous shopping district #RodeoDrive from luxury conglomerate @LVMH.
- The proposed semiconductor plant expansion by @TXInstruments in Utah is expected to cost $11 billion. Exclusively for CoStar subscribers. bit.ly/3kgNvmO
- With demand for #hotels still low, hoteliers are strategically thinking about how to start inducing future demand through discounted packages and promotions. The goal is to make offers palatable for guests while allowing hotels to retain pricing power.
- .@DollarGeneral is on target to open, remodel or relocate more than 2,000 stores in 2020. | Story by @JenWatersNews bit.ly/33ZakgG
- A small #NewJersey township has voted down plans for a criticized large warehouse complex, and now Russo Development may file suit over its derailed logistics center. Exclusive to CoStar subscribers.
- EXCLUSIVE: A federal bankruptcy judge has ordered Bisnow to return nearly $200,000 following allegations the firm had been improperly paid by Xceligent, who was locked in a legal battle over copyright infringement. Read the full story by @RlawsonMedia.
- Replying to @CoStarNewsFertitta’s comments come as thousands of restaurants have permanently closed because of the pandemic. Earlier this month, @OpenTable’s CEO Steve Hafner estimated that 1 in 4 #restaurants won’t reopen.
- .@Disney's decision to halt plans to relocate 2,000 high-wage jobs to Lake Nona, a master-planned community in Orlando, comes as the company and the state of #Florida have been publicly fighting. Read the full story by @jackwitthausla
- Applicant CGI+ has submitted plans to the city of #LosAngeles to build a 223-unit multifamily property with nearly 20,000 square feet of retail on multiple parcels.
