Uber founder Travis Kalanick is acquiring vacant restaurants and auto body shops for his ghost kitchen venture, reports the Wall Street Journal. U.S. single-family homebuilding permits rose to a 13-year high in September, according to Reuters. These are today’s must reads from around the commercial real estate industry.
Why COVID-19 is Driving CRE’s Digital Transformation
Limited partners are demanding more detailed data and insights into investment performance, rent collections, leverage and other key information.
Brookfield Weighs $3 Billion Life Sciences Real Estate Portfolio Sale
The company is working with advisers to sell roughly 2.3 million sq. ft. of real estate it acquired as part of Forest City in 2018.
11 Must Reads for the CRE Industry Today (October 20, 2020)
AMC announced plans to open more movie theaters in the U.S. this week, reports Reuters. New York City schools have been able to reopen without major virus outbreaks so far, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
Measuring Facility Performance: Optimizing Self-Storage Revenue One Square Foot at a Time
To truly understand revenue opportunities in self-storage, we must appreciate the magnificent possibilities afforded in offering rentals by the month.
Walmart, H-E-B Come Out on Top in Grocery Pickup, Delivery Service
Mystery shoppers audited retailers’ pickup and delivery services through all phases of the process.
New REIT to Give Wary Investors an Entry Point: Cannabis Weekly
The deal bodes well for both cash-starved cannabis companies and investors.
Lights! Camera! Acquisition! Spotlight Shines on Production Studios as CRE Asset Class
As production studios compete to produce new content and need more space, CRE investors see an opportunity.
10 Must Reads for the CRE Industry Today (Oct. 17, 2020)
Blackstone continues to bet on the life sciences sector with BioMed deal, reports the Wall Street Journal. Google to expand its offices in San Francisco, according to the San Francisco Chronicle. These are among today’s must reads from around the commercial real estate industry.
Boeing Considers Selling Seattle-Area Jetliner Headquarters
The Renton, Wash. property contains 855,000 sq. ft. of office space.

