Sunrise Mall sold again, for $25.6 million
Sunrise Mall has sold for at least the second time in four years, again to an entity based in New York state.
Sunrise Mall has sold for at least the second time in four years, again to an entity based in New York state.
If real estate developer Todd Hitt’s Kiddar Capital owes you money, then you have until 5 p.m. on Jan. 28 to make a claim, according to a notice published in the Washington Business Journal’s Jan. 11 print issue. Any person or business that fails to make a claim by the deadline will be prohibited from … Read more
Rogue Fitness wants to build a 3,500-4,000-seat arena in the Milo-Grogan neighborhood. While designs are being finalized, the company says it hopes to build the multi-purpose arena immediately north of the fitness company’s headquarters at 1101 Cleveland Ave., near the intersection with East 5th Avenue. “We wanted to do something that would build excitement around … Read more
Paul Allen had a knack for getting the right people in a room. The Business Journal’s second annual Outlook 2019 event was planned with that in mind. Join us this Friday as we convene some of Seattle’s leading voices in business, politics and sports to talk about Allen’s impact and to look at the year … Read more
Shared-living operators, which specialize in providing housing to low-income millennials, is a burgeoning business. New York-based companies such as WeWork and Common, as well as San Jose, California-based Starcity, have each built large co-living developments in various urban neighborhoods. Medici Living Group is another company that wants a bigger slice of the market. The Berlin-based … Read more
Many high-profile Milwaukee business executives support expanding the city’s downtown convention center and proponents have met individually with 28 members of the Wisconsin Legislature but remain in a quiet period of lobbying for possible funding sources.
The grocer’s new Seattle office space is in a Sabey Corp. building, three blocks from the Whole Foods on Westlake.
The aim of the project is to mix smaller yards and homes with a high amenity package, with an aim of appealing to millennials who normally would look at buying a resale home.
Negotiations between Miami officials and representatives of the Major League Soccer team led by soccer-star David Beckham have been placed on hold because of an ethics complaint filed against members of the group. That means the team’s deal to build a stadium can’t become official until this legal issue is resolved. In November, City of … Read more
New brokerage HelloOffice has snapped up a handful of Bay Area brokers for its growing team. CBRE Group, Inc. brokers Felipe Gomez-Kraus, Mike Iino, John Diepenbrock and Clinton Lee will join the young brokerage company, according to a news release, along with former Cushman & Wakefield broker Stephen Llevano. Iino and Gomez-Kraus will serve as … Read more
An Atlanta developer broke ground on a 101,000-square-foot distribution center in Anne Arundel County to meet growing demand for warehouse space in Greater Baltimore’s suburbs. Work on the Hanover Business Center is underway at 1250 Stoney Run Road and expected to be completed this summer. No tenants have signed a lease for the space yet. … Read more
Boca Raton Regional Hospital has launched a campaign to raise $250 million for expanding, including the construction of a patient tower on its campus. The announcement came as the nonprofit hospital prepares for a merger with Miami-based Baptist Health South Florida. That affiliate is expected to be finalized in summer 2019. However, BRRH will maintain … Read more
New Strip office project and South Side apartment development to be under construction in the next few months
The Pacific Northwest remains the hottest high-rise construction market in the country.
At first glance, this year’s edition of the North American International Auto Show might look like any other from the past: gleaming vehicles, bright lights and flashy displays trying to lure spectators to their offerings.
President Donald Trump’s pick to become the next attorney general said Tuesday that he would “not go after” marijuana companies in states where cannabis is legal, even though he personally believes the drug should be outlawed.
When her paychecks dried up because of the partial government shutdown, Cheryl Inzunza Blum sought out a side job that has become a popular option in the current economy: She rented out a room on Airbnb.
A Gillette ad for men invoking the #MeToo movement is sparking intense online backlash, with accusations that it talks down to men and groups calling for a boycott. But Gillette says it doesn’t mind sparking a discussion. Since it debuted Monday, the Internet-only ad has garnered nearly 19 million views on YouTube, Facebook and Twitter … Read more
Millions of American women are receiving birth control at no cost to them through workplace health plans, the result of the Obama-era Affordable Care Act, which expanded access to contraception.
The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 percent of its workforce — to handle tax returns and pay out refunds. The employees won’t be paid during the shutdown.
New brokerage HelloOffice has snapped up a handful of Bay Area brokers for its growing team. CBRE Group, Inc. (NYSE: CBRE) brokers Felipe Gomez-Kraus, Mike Iino, John Diepenbrock and Clinton Lee will join the young brokerage company, according to a news release, along with former Cushman & Wakefield (NYSE: CWK) broker Stephen Llevano. Iino and … Read more
The developer has approval for apartments.
A formal $45 million fundraising campaign for the fourth phase of Waterfront Park could launch as soon as this spring, with plans to start construction once money starts flowing in. Waterfront Development Corp. has not set a timeline for the start or completion of the 22-acre expansion, but the agency’s vice president and deputy director, … Read more
A new $750 million public health laboratory would be located on the Harriman state office campus in Albany under a proposal by Gov. Andrew Cuomo. The location was disclosed in Cuomo’s State of the State briefing book, released Tuesday afternoon. The state Legislature and Cuomo have already approved the $750 million to build the lab. … Read more
Frisco’s $2 billion Wade Park development is back in limbo after lenders behind the 175-acre mixed-use project returned it to the foreclosure list. Lenders filed foreclosure notices on it in February 2018 and from May through October, but did not post Wade Park for possible auction in November or December. As of Tuesday, New York-based … Read more
The city of Boston is broadening its economic development efforts in a bid to reach neighborhoods and communities that have often been shut out of highly bureaucratic city processes, Boston Mayor Martin J. Walsh will announce Tuesday. The city’s Economic Development Center will use a mobile “pop-up” style of programming and scheduling, with city staffers … Read more
One of Birmingham’s most popular districts is about to add another feather to its cap. Sloss Real Estate said Pepper Place will begin its designation as an entertainment district in February. The designation allows participating businesses in the area with alcohol licenses to sell alcohol to be consumed off-premises within certain boundaries and hours. The … Read more
The building will serve as the local office of the New York real estate company.
Michael Hamburg of Pier Property Group has $24 million in additional projects planned for his pocket of Midtown.
The building’s close proximity to Memorial Hermann Greater Heights Hospital was a selling point.
Almost a dozen Senate Republicans broke with the White House Tuesday on Russia, voting to move forward on a resolution that would maintain sanctions on companies linked to oligarch Oleg Deripaska.
Wells Fargo, the consumer banking giant, said its fourth-quarter profits fell slightly on Tuesday as the bank remains restrained by federal regulators, who put a tight leash on it after years of scandals and missteps.
Suffolk Construction has hired Puneet Mahajan, a 20-year veteran of Boston-based General Electric Co., as its chief financial officer, and Lea Stendahl, former chief marketing officer for E*Trade, as its chief marketing officer. Mahajan joined GE (NYSE: GE) in 1998 and was most recently vice president of financial planning and analysis. He also previously served … Read more
Gov. Charlie Baker has tapped Cathy M. Judd-Stein, his office’s deputy chief legal counsel, to serve as chair of the Massachusetts Gaming Commission. Former commission chair Stephen Crosby, 74, announced his surprise resignation last September. Gayle Cameron has been serving as interim chair in Crosby’s place. Judd-Stein’s appointment comes at a time when the commission … Read more
This would be the co-working company’s second location in Miami.
San Jose-based mechanical services company Therma Holdings LLC has purchased a New Mexico business in a deal that gives Therma its first presence outside of California.
Sick of lugging around rolls of printed documents for your new Fairfax County commercial project? You can submit building plans online to Fairfax County, from the comfort of your home or office. The county’s Land Development Services department, following a two-year pilot program, launched ePlans, an online system developed by Arizona-based Avolve that allows developers, … Read more
Premier Health and the University of Dayton are taking steps early this year to position the former Montgomery County Fairgrounds for redevelopment. A new nonprofit corporation, onMain Inc., is being formed by the two anchor institutions, which purchased the 38-acre site at South Main and Stewart streets in 2017. The new corporation will guide development … Read more
Preservationists who want to save the former Terrace Plaza Hotel at 15 W. Sixth St. in its current form believe that the vast interior behind a windowless brick wall that is one of the building’s key features can be used as parking. Councilman David Mann and a group of preservationists said at a Tuesday news … Read more
Milwaukee developer Josh Jeffers bought property at the corner of Sixth Street and National Avenue from the Council for the Spanish Speaking Inc., and is planning a redevelopment there that could include housing and space for the organization.
Shared-living operators, which specialize in providing housing to low-income millennials, is a burgeoning business. New York-based companies like WeWork and Common, as well as San Jose, California-based Starcity, have each built large co-living developments in various urban neighborhoods. Medici Living Group is another company that wants a bigger slice of the market. The Berlin-based company, … Read more
Plans show a hotel, office space, residential projects, coworking space, retail space, activity lawn and plaza.
The developer’s lawyer expressed confidence that his client will successfully refinance his debt and kickstart long-awaited construction on his part of the billon-dollar development.
Much of the opposition to Prime Minister Theresa May’s divorce deal with the European Union is about the “backstop” — a provision designed to prevent the reintroduction of border controls between Northern Ireland, which is part of the U.K., and the Republic of Ireland, a member of the EU. After Brexit, the border will be … Read more
The partial government shutdown is slowing plans by some companies to issue stock to the public and potentially cutting off a key source of capital for the financial markets.
Verbal Beginnings will open its new 24,000-square-foot facility in Columbia in spring. It will be the company’s second location in the area.
With Thornwood’s long-anticipated fifth phase finishing soon, developer Spence Ray is preparing to embark on the sixth and final phase of the project.
This spring will bring new growth for B. Willow. The Remington plant shop plans to open a second location in Canton, owner Liz Vayda said. The new store will crop up inside a rowhouse at 2822 O’Donnell St., around the corner from O’Donnell Square, in February or March. It’s been almost wo years since B. … Read more
The five parcels that make up the center were last assessed for nearly $21.4 million, according to the Bexar County Appraisal District.
World Economic Forum executives say government leaders like Germany’s Angela Merkel, Israel’s Benjamin Netanyahu and Shinzo Abe of Japan will be among those attending its annual Davos event.