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JLL Capital Markets arranges the $48-million sale and the $24-million acquisition financing.

The Geauga Lake District will include retail, restaurants, residential and other commercial uses.

One observer thinks there is a chance the program could be rolled into a massive stimulus package.

Cap rates for Rite Aid and Walgreens properties experienced cap rate increases of 19 and 15 basis points respectively.

Productivity, innovation, culture, retention and walkability will be critical factors regarding offices going forward.

Despite the issues facing retail due to the pandemic, the Weitzman team leased all of the roughly 20,000-square-foot Shops on Main and a lease is in the works for one remaining 2,566-square-foot space.

In its first report on the future of work, ULI finds that the next three to five years will require flexibility from both workers and companies.

The issuance illustrates commercial real estate's growing commitment to ESG practices and standards.