BOISE, ID—The stock offering would mark the grocery retailer's first step in exiting years of institutional ownership under investors including Cerberus Capital Management and Kimco Realty Corp.

With millennials now outnumbering population growth in the coming years, their preferences and needs are shaping how and where projects get built

NEW YORK CITY—With the fund closing shortly after BREP VIII's agreement to buy Strategic Hotels & Resorts, Blackstone's Jonathan Gray reportedly told a conference that he sees more takeovers of publicly traded landlords coming.

NEW YORK CITY—As Frank Longobardi begins his tenure as head of the accounting, tax and advisory firm, former co-CEOs Ken Baggett and Tom Marino are stepping down.

SANTA MONICA, CA—The shopping center owner expects to realize $2.3 billion in cash proceeds from the joint ventures, which will close in phases starting later this month.

PHOENIX—At its annual convention this week, the 69-year-old hotelier announced that it had updated its name from Best Western International to Best Western Hotels & Resorts.

CARROLLTON, TX—Net demand for apartments nationally is boosted by “the limited number of households” leaving the rental market to make first-time home buys, says Greg Willett at MPF Research.

NEW YORK CITY—While e-commerce is the obvious explanation for the sector's good health, Trepp makes it clear that there's more than one driver behind industrial's increasing demand.