Target’s new store in Katy, Texas, covers almost 150,000 sq. ft., compared with the company average of about 130,000. The backroom space devoted to handling online orders for same-day pickup is five times as large as at stores of a similar size.
Brookfield has launched fundraising for an opportunistic credit fund that it expects to be more than $16 billion, according to a letter to shareholders from Chief Executive Officer Bruce Flatt on Thursday.
Investors in distressed real estate are hoping they’ll get another chance amid rising interest rates and mounting debt, reports The Real Deal. GlobeSt.com looks at whether tech companies are still seen as desirable tenants. These are among today’s must reads from around the commercial real estate industry.
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