Outperforming Rent Growth Keeps Driving Mark-to-Market Opportunities Built in 1997, this distribution center at 101 N. 103rd Ave. in Tolleson, Arizona, was sold as part of Prologis’ $3.1 billion portfolio acquisition from Blackstone. (Brandon Aran/CoStar) By Adrian Ponsen and Chad Littell CoStar Analytics August 15, 2023 | 3:22 P.M. While the current commercial real estate price correction is […]
Bain Capital To Buy Fogo de Chão in Latest Sale of Restaurant Chain
Brazilian Steakhouse Looks To Accelerate Expansion Under New Ownership Fogo de Chão offers meats that are roasted in the churrasco style and carved by gaucho chefs. (Fogo de Chão) By Linda Moss CoStar News August 15, 2023 | 4:57 P.M. Bain Capital Private Equity is buying Fogo de Chão, the chain of Brazilian-style steakhouses, in just […]
WeWork’s Troubles Cast New Shadows Across the Real Estate Industry
Landlords, Lenders Face Exposure to Coworking Giant’s Struggles One of WeWork’s busier locations in Miami sits atop a public parking garage in the Wynwood arts district. (Andria Cheng/CoStar) By Andria Cheng CoStar News August 16, 2023 | 12:24 P.M. WeWork’s recent declaration that “substantial doubt exists” about its ability to continue as a going concern threatens to further […]