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PLTA is proud to offer The Wall Street Journal Commercial Real Estate News Feed for visitors

The Wall Street Journal is one of the world's most trusted publishers of accurate financial news and business information in all media formats, including newspapers, newswires, databases and websites,  radio, TV/video and other multimedia programming. Dow Jones enriches the lives of millions worldwide as well as informs the decisions of corporate executives and professionals.



Low-Budget Motel 6 Gets In on Lodging BoomOpen in a New Window

Record sales prices for luxury properties and an explosion of lifestyle brands have marked the recent hotel boom. But low-budget Motel 6 is enjoying some of the industry’s strongest growth.


Dolce & Gabbana Signs SoHo LeaseOpen in a New Window

Italian luxury retailer Dolce & Gabbana has signed a lease for a three-story building in Manhattan’s SoHo neighborhood, the property owner said on Tuesday.


Venture Plans New Office Space for Downtown BrooklynOpen in a New Window

Quinlan, Building & Land will convert a self-storage facility on Flatbush Avenue.


L.A. Developer Offers to Buy Former Revel Casino HotelOpen in a New Window

A Los Angeles developer involved in numerous projects there has made an 11th-hour bid to buy Atlantic City’s former Revel Casino Hotel.


Investors Bet on London Commuter LineOpen in a New Window

The dowdy, down-on-its heels end of London’s otherwise tony Oxford Street could soon get a new lease on life with the arrival of a commuter rail line.


Bank of China Seizes Control of London's Grosvenor HouseOpen in a New Window

The Bank of China has seized control of London’s Grosvenor House from its Indian owner and appointed an administrator to begin marketing the property for sale.


Australia Orders Chinese Firm to Sell Sydney MansionOpen in a New Window

Australia ordered the sale of a Sydney mansion it alleges was illegally bought by Chinese investors last year, opening a new front-line in its battle to curb a flow of foreign money contributing to rising home prices.


Geffen Checks Out in CaliforniaOpen in a New Window

Hollywood studio mogul David Geffen has sold the Malibu Beach Inn at a price of about $1.7 million per room, the highest valuation by this measure for any California hotel.


Cushman & Wakefield's New ChapterOpen in a New Window

Storied New York real-estate broker is seeking a buyer.


What's the Deal: News DigestOpen in a New Window

A roundup of real-estate news in the Greater New York area.


States Target Lawsuits Against BuildersOpen in a New Window

Lawmakers in several states, led by Nevada, are moving to rein in construction-defect laws, a change that would curtail allegedly frivolous litigation but also make it more difficult for homeowners with legitimate claims to sue home builders over flaws.


Florida Developer Rides Four Seasons WaveOpen in a New Window

Nadim Ashi plans to build a Four Seasons hotel and condos behind the legendary Surf Club in Miami Beach, part of a new vanguard of developers entering untapped markets for the luxury brand.


Lamar Revenue Tops ExpectationsOpen in a New Window

Lamar Advertising reported that its revenue rose more than expected in the December quarter, after its funds from operations jumped 59% due to its conversion into a real-estate investment trust.


Cushman & Wakefield Going Up for SaleOpen in a New Window

The Italian family that controls Cushman & Wakefield, one of the world’s largest real-estate services firms, is putting the company up for sale as rising property prices push up the value of rivals.


CoStar Preps Site for Lead Role in RentalsOpen in a New Window

In a bid to leapfrog competitors in the online apartment-listing business, CoStar Group Inc. is spending heavily to make the go-to website for renters seeking new digs.


Norway Fund Bulks Up on Real EstateOpen in a New Window

Norway’s state-run investment fund is becoming one of the world’s biggest landlords at a time when other big commercial property owners are sounding alarms about high prices.


Brooklyn Nonprofit Sets Mixed-Use RedoOpen in a New Window

A Brooklyn nonprofit group is cashing in on the borough’s hot real-estate market by cutting a deal with a developer to convert its headquarters to new office space and apartments.


U.S. Home Sales Falter to Start YearOpen in a New Window

Sales of previously owned homes slowed in January, a reflection of the rising prices and tight supplies that could constrain the housing market this year.


Jersey City Vies to Up Its Game in Office MarketOpen in a New Window

Jersey City has been making the case that it is an up-and-comer in the office-space market, attracting clothiers and publishers as well as building on its base of financial-services companies.


Building Up and Branching OutOpen in a New Window

Henry and Cathy Lee and went from selling nunchucks in Times Square to building a real estate empire that their children now help run. Today Mr. Lee wants to return to China as a real-estate investor.


What's the Deal: News DigestOpen in a New Window

A roundup of real-estate news in the Greater New York area.


HUD Reviews New York City Affordable-Housing PolicyOpen in a New Window

A practice setting aside half of the new lower-rent apartments built in New York City is drawing scrutiny from the federal government, triggering fears Mayor Bill de Blasio’s affordable-housing agenda will be undermined.


Blackstone Looks to Buck the Odds in VegasOpen in a New Window

The investment firm aims to turn around the Cosmopolitan hotel-casino, one of the biggest real estate busts of all time. Its longer-term bet is that hospitality, entertainment and retail will power the Las Vegas economy for years to come.


After Boom, Bust Could Be Upon Apartment REITsOpen in a New Window

After a banner year in 2014, the party might be coming to an end for real-estate investment trusts that specialize in residential apartment buildings.


Home Automation Comes of AgeOpen in a New Window

The Property Report: Home automation has made great strides in recent years, with wireless technologies enabling users to monitor and control more functions remotely.


Vornado Swings to Profit, FFO Beats ExpectationsOpen in a New Window

Vornado Realty Trust swung to a net profit in the fourth quarter, while funds from operations, a key measure of performance for real-estate investment trusts, rose more than expected.


China Firms Plan $1.5 Billion Investment in London PropertyOpen in a New Window

Investment fund China Minsheng Investment said it will team up with another Chinese company to jointly invest about $1.5 billion in the development of a new commercial district in London.


Blackstone to Buy Stake in New York Office PortfolioOpen in a New Window

Real-estate developer RXR Realty is selling a roughly 50% stake in a portfolio of New York office buildings to Blackstone Group in a deal that values the properties at $4 billion, according to people familiar with the matter.


Waldorf Astoria Hotel Sale CompletedOpen in a New Window

Hilton Worldwide Holdings Inc. on Wednesday said it completed the $1.95 billion sale of the Waldorf Astoria New York and will use the proceeds to buy five hotels in Florida and San Francisco.


Falling Oil Prices Threaten Houston Building BoomOpen in a New Window

One-sixth of all the office space under construction in the U.S. is in Houston. But now demand is drying up as energy companies cut back.


Investors Stock Up on Spanish MallsOpen in a New Window

Consumer spending is picking up in Spain, fueling interest in retail properties. Investment in retail real estate in Spain last year was nearly triple 2013’s level; two-thirds of the money came from outside Spain.


Tenants Wanted: D.C.'s Tallest Building Is EmptyOpen in a New Window

The Washington D.C. area’s tallest building hasn’t done as well as the developers hoped. Completed in 2013, it has yet to find a single tenant.


Simon Property Eyes RivalOpen in a New Window

Simon Property Group has made takeover approaches for rival Macerich, seeking to combine two of the largest shopping-mall owners in the U.S.


Silicon Valley's Land RushOpen in a New Window

Some of Silicon Valley’s biggest companies are on a real-estate buying binge, paying premium prices to make sure they have enough space for future expansion.


Superrich Hunt for Trophies in London Property MarketOpen in a New Window

The global superrich are making the purchase of trophy commercial properties in London much more competitive.
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