Department of Homeland Security purchased large warehouse in West Valley, reports say

PHOENIX — The Department of Homeland Security (DHS) reportedly purchased a large warehouse in the West Valley last week.

According to azcentral.com, Maricopa County property records show that DHS bought a 418,400-square-foot warehouse located off Sweetwater Avenue and Dysart Road for more than $70 million in cash on January 23. The Rockefeller Group was the seller, and U.S. Immigration and Customs Enforcement (ICE) was also named in the sale.

Notably, a “For Sale or Lease” sign was visible on the exterior of the warehouse as recently as January 20, but it disappeared just three days later.

### Has DHS Commented on the West Valley Warehouse?

So far, DHS has not spoken publicly about what it plans to do with the warehouse. However, an unidentified ICE spokesperson told azcentral.com via email on January 26 that the agency is “actively working to expand detention space,” though there are no new detention centers to announce at this time.

The spokesperson added that ICE has new funding available to expand detention space, thanks to the recently passed “One Big Beautiful Bill.”

### Background: ICE’s Expanding Detention Efforts

In December, The Washington Post reported that ICE is attempting to speed up deportations by creating a “deliberate feeder system.” Under this plan, new detainees would be booked into processing sites before being moved to one of several large warehouses, where they would be staged for deportation.

Each warehouse is reportedly capable of holding between 5,000 and 10,000 people. One of these warehouses was expected to be located in Arizona, which aligns with reports of the recent purchase in the West Valley.
https://ktar.com/immigration/dhs-purchased-west-valley-warehouse/5814231/

Minto Apartment Real Estate Investment Trust declares CAD 0.0433 dividend

**Minto Apartment Real Estate Investment Trust Declares Monthly Dividend**

Minto Apartment Real Estate Investment Trust has declared a monthly dividend of CAD 0.0433 per share. The dividend is payable on November 14, 2025, to shareholders of record as of October 31, 2025. The ex-dividend date is also October 31, 2025.

For more details, investors can refer to MI.UN’s dividend scorecard, yield chart, and dividend growth information.

**Stock Information:**

– **Ticker Symbol:** MI.UN (CA)
– **Dividend:** CAD 0.0433 per share monthly
– **Payable Date:** November 14, 2025
– **Record Date:** October 31, 2025
– **Ex-Dividend Date:** October 31, 2025

Stay updated with the latest trending news and analysis on Minto Apartment Real Estate Investment Trust for a comprehensive view of its market performance and dividend trends.
https://seekingalpha.com/news/4504927-minto-apartment-real-estate-investment-trust-declares-cad-0_0433-dividend?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news

SM nearer to goal of 100th mall with latest opening in La Union

MANILA, Philippines — SM Prime Holdings Inc. is steadily moving closer to its goal of operating 100 malls by 2027 with the upcoming opening of its 89th domestic mall in La Union.

The Sy family-led property giant announced on Wednesday that the 51,000-square-meter (sq m) SM City La Union is set to open its doors on Friday, October ____.

This new development marks another significant milestone in SM Prime’s expansion plans across the Philippines.
https://business.inquirer.net/552752/sm-nears-goal-of-100th-mall-with-latest-opening-in-la-union

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http://orenews.lvapp.net/2×2-2025-october-20

福岡市の不動産売買業者が破産手続き開始決定 負債約2000万円

福岡市の不動産売買業者が破産手続き開始決定 〜負債約2,000万円〜

2025年10月10日 16:35 更新

西日本新聞の倒産速報によると、帝国データバンク福岡支店の情報に基づき、福岡市西区で不動産売買業を営んでいた業者が破産手続きの開始決定を受けました。

今回の破産手続き開始の背景には、約2,000万円の負債があると報告されています。

なお、同じく福岡市内のうどん店運営会社も自己破産申請を検討しているとのことです。

この記事は有料会員限定となっております。全文をご覧いただくには、西日本新聞meの7日間無料トライアル(1日あたり37円)や年払いプランをご利用ください。

西日本新聞meとは?

西日本新聞が提供する会員制サービスで、倒産速報などの速報ニュースや詳しい分析記事をお読みいただけます。

(クリップ機能は有料会員限定となります。)
https://www.nishinippon.co.jp/item/1409871/

Mixed-use project proposed for former Hanson’s site in Platt Park

Doug McKinnon plans to revamp the gateway to South Pearl Street’s shops and restaurants in Platt Park. The real estate investor, through his firm McKinnon & Associates, submitted redevelopment plans last week to the city of Denver for his 0.29-acre lot at 1301 S. Pearl St., located adjacent to the iconic South Pearl sign that welcomes visitors to the neighborhood.

The property formerly housed Hansons, a burger joint that closed in 2020 and was demolished within the past year. McKinnon purchased the lot for $2.9 million in cash last December.

His proposed three-story building aims to offer a mixed-use space. The ground-floor corner is intended for a restaurant, with additional retail spaces facing Pearl Street and residential units along Louisiana Avenue. The second and third floors are planned to include both residential and office spaces. The development would also feature underground parking. Local design firm OZ Architecture drew up the plans.

“Given the preliminary nature of the plan, it is a little premature for us to get too deep into specific details of the project,” McKinnon wrote in an email to BusinessDen.

McKinnon is the second owner to explore redevelopment of the site. Before his purchase, the property was owned by Greenwood Village-based Cadence Capital Investments. Cadence acquired the two-story building in September 2020 for $2.6 million and submitted plans to convert the existing structure into an office building. However, no work on the site ultimately took place.
https://www.denverpost.com/2025/10/07/denver-platt-park-hansons-site/

MP News: CM Mohan Yadav Concerned Over Delay In Allocation Of EWS Houses

**Chief Minister Mohan Yadav Urges Prompt Allocation of EWS Houses and Planned Urban Development in Madhya Pradesh**

Bhopal (Madhya Pradesh): Chief Minister Mohan Yadav on Tuesday expressed concern over the delay in allocation of houses for the economically weaker sections (EWS) constructed by builders during the development of colonies. He emphasized that collectors should promptly ensure 100% allocation of EWS houses to eligible beneficiaries.

Addressing the sectoral discussion on urban areas during the Collector-Commissioner Conference held in Bhopal, Yadav underlined the necessity to draft an action plan for planned urban development across districts. He stressed that this plan must be prepared with a long-term vision, keeping “Vision 2047” in mind.

**Timely Payment for Land Acquisition**

The Chief Minister highlighted that compensation is being provided for land acquired under Transfer of Development Rights (TDR) in urban areas. He urged officials to ensure timely payments are made to landowners whose land has been acquired, to maintain trust and efficiency in the process. Additionally, he issued directives for improving traffic arrangements in urban centers to ease congestion and enhance public safety.

**Development of Bhopal-Indore Metropolitan Area**

Mohan Yadav announced the decision to develop the Bhopal-Indore Metropolitan Area as a major hub. He instructed the collectors of the respective regions to formulate comprehensive plans aimed at making this metropolitan area a center of employment, industrial growth, education, and healthcare facilities. The goal is to boost regional development and improve the quality of life for residents.

**Enhancing Health Services**

In the health and nutrition sector discussion, the Chief Minister called on collectors to ensure significant quality improvements in health services. He encouraged regular visits to hospitals to identify and rectify shortcomings promptly. Furthermore, he emphasized the importance of ensuring that all beneficiaries holding Ayushman Cards receive the full benefits of the scheme without any obstacles.

**Creation of Land Banks and Industrial Revival**

Addressing employment, industry, and investment promotion, Yadav directed officials to create land banks by utilizing unused land in urban areas. He highlighted the need for solid steps to make districts self-reliant economically. Special efforts should also be made to promote religious tourism as a growth sector.

The Chief Minister also urged prioritizing the resolution of pending issues related to the Kelaras-based sugar mill. He stressed that cases of closed industrial units must be addressed promptly and resolved within a fixed timeframe to revive industrial activity and generate employment.

*This comprehensive approach by the Madhya Pradesh government aims to foster sustainable urban development, improve public services, and boost economic growth across the state.*
https://www.freepressjournal.in/bhopal/mp-news-cm-mohan-yadav-concerned-over-delay-in-allocation-of-ews-houses

Robinsons takes its turn to update malls

Flagship Robinsons malls are set to undergo a major facelift to keep pace with other developers who are pursuing renovations in response to rapidly evolving consumer needs.

Mybelle GoBio, president and CEO of Robinsons Land Corp. (RLC), confirmed to reporters last week that the company would soon announce its mall reinvention program.

First in line for these upgrades are the older Robinsons malls, which will receive significant enhancements to better serve shoppers and stay competitive in the market.
https://business.inquirer.net/550886/robinsons-takes-its-turn-to-update-malls

WeWork India to launch ₹3,000cr IPO on October 3

**WeWork India to Launch ₹3,000 Crore IPO on October 3**

*By Dwaipayan Roy | September 28, 2025, 03:12 PM*

WeWork India, a leading player in the co-working space sector, is gearing up to launch its initial public offering (IPO) on October 3, 2025. The issue size is estimated to be around ₹3,000 crore. According to the red herring prospectus (RHP), bidding for anchor investors will open for a day on October 1, with the IPO set to close on October 7.

### IPO Details

The upcoming IPO from WeWork India will be an Offer for Sale (OFS) featuring up to 4.63 crore equity shares. Embassy Buildcon LLP, a promoter group firm, and Ariel Way Tenant Ltd, a subsidiary of WeWork Global, will be selling their shares as part of this offering.

Since it is an OFS, WeWork India will not receive any proceeds from the listing itself. Instead, the offering provides an opportunity for existing shareholders to liquidate a part of their holdings.

### Company Profile

Established in 2017, WeWork India operates under an exclusive license of the ‘WeWork’ brand in India. The company is promoted by Bengaluru-based real estate major Embassy Group. Currently, Embassy Group holds approximately 76.21% stake in WeWork India, while WeWork Global owns 23.45%.

The company has a strong presence across major Tier-1 Indian cities, including Bengaluru, Mumbai, Pune, and Hyderabad, among others.

### Business Scale and Operations

WeWork India manages a substantial 77 lakh square feet of space, out of which around 70 lakh square feet is operational. The company offers a desk capacity exceeding 1.03 lakh and employs more than 500 people.

In January 2024, WeWork India raised ₹500 crore through a rights issue, primarily aimed at reducing debt and supporting its growth plans.

### Market Entry and Future Outlook

The upcoming IPO is expected to not only provide liquidity to existing shareholders but also enhance the company’s visibility in the market. WeWork India aims to create a public market for its shares in India and strengthen its position in the evolving co-working industry.

With the IPO set to close on October 7, WeWork India is likely to make its stock market debut around October 10, 2025.

Stay tuned for more updates on this much-anticipated market entry.
https://www.newsbytesapp.com/news/business/everything-we-know-about-wework-india-s-ipo/story