Commercial Observer — page 5

Commercial Observer is a publication in Burnaze's franchise knowledge graph, mentioned since 2023. 266 stories link here, each summarized from the original publisher. * A joint venture led by Gencom has acquired the 652-room InterContinental Miami for $300 million [[2026-10-30 Gencom-Led JV Buys InterContinental in Downtown Miami for $300M (d93a1a)]]. * Life Time, a health club chain, has signed a 20-year lease at Crescent Heights' development site in Miami's Edgewater neighborhood [[2026-10-28 Life Time Inks 20-Year Lease at Crescent Heights’ Miami Dev Site (cde7b9)]]. * The NBA Store is seeking a new location of 20,000 to 25,000 square feet in Midtown Manhattan [[2026-10-27 NBA Store Seeks New, Larger Location Up to 25K Square Feet (39624e)]]. * Welltower, the country's largest senior housing landlord, reported a strong quarter with increased pricing power and ample acquisitions [[2026-10-27 Welltower Earnings Boosted by Senior Housing Acquisitions (53807c)]]. * Charlotte Cafe is opening its fourth Manhattan location at 219 Ninth Avenue in Chelsea [[2026-10-19 Charlotte Cafe Opening Fourth Manhattan Shop at Chelsea’s 219 Ninth Avenue (742117)]]. * Tordjman Equities has paid at least $23.8 million for the Pine Trail Nursing and Rehab Center in Palm Beach County [[2026-10-13 New York Investor Buys Palm Beach County Nursing Home for At Least $24M (f99ef1)]]. * 11North Partners has acquired a two-asset grocery-anchored retail portfolio in Lahaina, Hawaii, for $155 million [[2026-10-13 PNC Lends $96M for Hawaii Retail Portfolio Acquisition (f947bf)]]. * BridgePrep Academy signed a 56,000-square-foot lease at the California Club Shopping Center in Miami-Dade County [[2026-10-09 Charter School Inks 56K-SF Lease in Retail Center Near Miami Suburb (d4b867)]]. * TJ Maxx has signed a 28,837-square-foot lease at 150 East 86th Street, replacing H&M [[2026-10-08 TJ Maxx Signs 29K-SF Deal to Replace H&M at 150 East 86th Street (000136)]]. * Nong Geng Ji, a popular Hunan cuisine brand from China, has signed a 9,900-square-foot lease at 365 West 46th Street in Manhattan's Hell's Kitchen [[2026-10-02 Chinese Restaurant Chain to Open 10K-SF Eatery at 365 West 46th Street (b20bbb)]]. * Solidcore, a national fitness chain, has signed a retail lease for a fitness studio at 1695 Second Avenue on Manhattan's Upper East Side [[2026-09-28 Solidcore Signs Lease for Fitness Studio at 1695 Second Avenue on Upper East Sid (f8c555)]]. * Toys R Us operator WHP Global plans to open 120 US stores this holiday season through a partnership with Go! Retail Group [[2026-09-28 Toys R Us Bets on Brick and Mortar With 120 New Stores (dcfa39)]]. * Wells Fargo provided a $455.7 million refinancing loan to 1959 RE Holdings for Family

Brookfield Properties Rebrands as BGRE

Brookfield Properties Rebrands as BGRE

The global real estate operating platform has rebranded to BGRE to better define its market-facing approach while maintaining existing business operations and personnel.

ESRT Putting 1359 Broadway Up for Sale, Seeking $225M

ESRT Putting 1359 Broadway Up for Sale, Seeking $225M

Empire State Realty Trus t is parting ways with its mixed-use building at 1359 Broadway and marketing it for sale , sources familiar with the move told Commercial Observer. The pro

Office Access Platform SwiftConnect Acquires HID SAFE

Office Access Platform SwiftConnect Acquires HID SAFE

SwiftConnect , which bills itself as a connected access office property platform, announced Wednesday that it has acquired HID SAFE , a leading company in the field of managing acc

Brookfield, CPP Investments to Acquire LXP Industrial Trust for $5.2B

Brookfield, CPP Investments to Acquire LXP Industrial Trust for $5.2B

The global alternative asset manager with more than $1 trillion of assets under management has teamed with the **Canada Pension Plan Investment Board** (CPP Investments) to acquire **LXP Industrial Trust** in an all-cash