Madison Communities, a multifamily development and management company based in Winter Park, Florida, has appointed industry veteran McCarley Davis as its new president, a role in which he will develop new institutional relationships and enhance internal communication and collaboration.
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Updates
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Party City plans to turn nearly every store in the U.S. and Canada into a Halloween City, the temporary store concept it operated during the Halloween season, to compete with annual autumn rival Spirit Halloween's record-breaking fleet of more than 1,500 pop-up stores for the spooky holiday, which generated an estimated $12 billion in sales last year.
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Following cuts of 25 basis points in June and July, the Bank of Canada lowered its trend-sending rate again by another 25 basis points to 4.25% — moves that came after four years of no cuts and a 22-year high in the overnight lending rate.
Canada's central bank lowers rates for third time this year
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RITE AID has emerged from Chapter 11 with what it described as a "rightsized store footprint" of about 1,300 stores, down from the 2,100 it had nearly a year ago when it filed for bankruptcy protection as part of a shakeout for U.S. drugstores.
Rite Aid exits Chapter 11 with its store fleet slashed in US drugstore shakeout
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Veteran #industrial broker Linn Larsen, SIOR has joined NAI Puget Sound Properties, the western Washington affiliate of NAI Global where he will bring over than 50 years of commercial real estate experience to expand the firm's business in the Port of Tacoma market.
NAI Global affiliate hires veteran industrial broker in Puget Sound region
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Over one-third of all people in the Ottawa-Gatineau workforce are working mostly from home, putting it well ahead of 14 other municipal areas surveyed in the data from May 2024.
Ottawa leads Canadian cities in workers toiling mostly from home
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Stay updated on the latest hirings and promotions in the #CRE industry, ▪️ Real estate developer and master planner Steiner + Associates has hired Gavin Thomas as executive vice president of development. ▪️ CBRE has promoted Kelly Conaway, who had led the brokerage's Northeast marketing department for nearly two decades, to managing director of its greater Philadelphia region. ▪️ Newmark said it hired Matt Duffy as an executive managing director to co-head its capital markets strategic advisory group with Andrew Warin. Discover more here: https://bit.ly/3TCXiSX
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About 2 ½ years after buying a 10-story #office building in #Chicago’s Loop business district and considering it as a potential future headquarters, Allstate has sold it for just over $11 million, one-third of what it paid.
Allstate Sells Chicago Office Building at Fraction of Purchase Cost
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Luxury glamping brand AutoCamp, featuring Airstream trailers, cabins, and tents near national parks, is expanding with new sites opening this fall in Asheville, North Carolina, and Sequoia, California.
Local Involvement Is the Key Component to AutoCamp's Expansion of Glamping Retreats
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Boeing has signed one of the biggest #industrial leases of the past two years in the Seattle area, taking more than 1 million square feet at a just-completed building near the Port of Tacoma.
Boeing Signs Massive Lease Near Seattle as Aircraft Giant Ramps Up Production
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