New CEO Long: Newmark Grubb Zimmer isn't broken, so it's stay the course
Mark Long talks about his next steps at the commercial real estate company as he prepares to lead it into “a lot of opportunity in the future.”
Mark Long talks about his next steps at the commercial real estate company as he prepares to lead it into “a lot of opportunity in the future.”
Just a month after the San Francisco Board of Supervisors approved the ambitious Central South of Market plan, a nonprofit housing group has filed a lawsuit challenging the rezoning that could jumpstart a wave of unprecedented development in the city’s swelling SoMa area. The upzoning increases the height limit on some high-rises to 400 feet … Read more
Will Whole Foods Markets take over some of the vacated spaces left by closed Sears and Kmart stores? It’s being considered, according to reports. It’s a model both companies have experimented with in the Triad. According to YahooFinance, the Austin, Texas-based grocery store chain, now owned by Amazon.com Inc. (Amazon acquired Whole Foods in 2017 … Read more
The project would rise from the top of the parking garage Prosper Portland is developing just across from the Oregon Convention Center.
The Pacific Northwest remains the hottest high-rise construction market in the country with Portland and Seattle’s combined crane count surpassing California and the East Coast.
The new townhouses would be developed behind an existing community.
Will Whole Foods Markets take over some of the vacated spaces left by closed Sears and Kmart stores? It’s being considered, according to reports. According to YahooFinance, the Austin, Texas-based grocery store chain, now owned by Amazon.com Inc. (Amazon acquired Whole Foods in 2017 for $13.7 billion), is looking at moving into empty commercial real … Read more
Will Whole Foods Markets take over some of the vacated spaces left by closed Sears and Kmart stores? It’s being considered, according to reports. According to Yahoo Finance, the Austin, Texas-based grocery store chain, now owned by Amazon.com Inc. (Amazon acquired Whole Foods in 2017 for $13.7 billion), is looking at moving into empty commercial … Read more
Linda Rabbitt, a pioneer in construction and a mentor to countless women in commercial real estate, has stepped down as chief executive of Rand Construction, passing the reins of the Alexandria company to former First Potomac Realty Trust CEO Bob Milkovich. The transition comes nearly three decades after Rabbitt founded the general contractor and more … Read more
Whole Foods Market could take over some vacated spaces left by Sears and Kmart stores, according to reports. According to YahooFinance, the Austin-based grocery store chain is looking at moving into empty commercial real estate spaces that were once occupied by Sears and Kmart stores. That fits in nicely with Amazon’s.com Inc.’s effort to swamp … Read more
It’s a way for multifamily developers to earn stable income. But in a crowded field, how will Sonder stand out? More than $100 million in outside funding certainly helps.
A controversial project in Hoover is back before city leaders. The Hoover Planning and Zoning Commission has once again approved plans for a $3.5 million to $4 million PetSuites Resort on John Hawkins Parkway — this time with significant revisions, according to the Hoover Sun. In November, the Hoover City Council rejected a previous plan … Read more
This is what experts are saying about future industrial real estate development in metro Orlando.
Bayer announced today that it is closing its regional headquarters campus in Robinson Township. Long a key corporate anchor for the Parkway West and the region as a whole, the German conglomerate announced the move as part of its consolidation in the wake of acquiring Monsanto. Bayer expects to wind down the operation in Robinson … Read more
Asian markets were mixed on Wednesday as poor Japanese data and worries about global growth put a damper on trading.
The investment comes less than a year after Taylor Made was acquired by Lippert Components Inc. of Indiana.
J.A. Wedum Foundation is moving ahead with its plan to build senior housing at the site of a St. Paul school, buying one piece of the Highland Park property for $1.7 million. Finance & Commerce reports on the deal for a portion of the school site at 848 Albion Ave. (The full property’s price is … Read more
AT&T has purchased the Interurban Building in Dallas. Located at 1500 Jackson St., residential renters within the building first received notice that the building’s ownership would change on Jan. 10, though contracts would remain in effect. The news was first reported by D Magazine. A representative from Greystar, the Interurban Building’s management company, confirmed with … Read more
The company expects to operate the center beginning in the second half of 2019.
PBS is sticking with Arlington. JBG Smith Properties (NYSE: JBGS) announced Tuesday the nonprofit Public Broadcasting Service will relocate in mid-2020 from 2100 Crystal Drive, which it has called home since 2006, to 1225 S. Clark St. The two buildings are about a half mile apart. Under the 15-year lease, PBS will take 120,328 square … Read more
A Durham apartment complex has traded hands for the second time in four years, netting the prior owner a $5.5 million gain.
As planned, the upscale hotel will include 252 rooms, a 120-seat restaurant and more restaurant or retail space at another corner of the building.
Whole Foods Market could take over some vacated spaces left by Sears and Kmart stores, according to reports. According to YahooFinance, the Austin, Texas-based grocery store chain, now owned by Amazon.com Inc. (Amazon acquired Whole Foods in 2017 for $13.7 billion), is looking at moving into empty commercial real estate spaces that were once occupied … Read more
Bishop Beale Duncan associates love to enjoy a companywide Beach Day, bungee jumping, a county fair-like dunk tank or one of the firm’s many celebrations.
Netflix is raising its U.S. prices by 13 to 18 percent, its biggest increase since the company launched its video streaming service 12 years ago.
The White House has named the members of a scaled-back delegation that will represent the Trump administration next week at an annual economic conference in Switzerland.
U.S. wholesale prices fell last month, dragged down by a steep drop in gas costs, suggesting that inflation will remain tame in the coming months.
JPMorgan Chase & Co.’s fourth-quarter profits badly missed analysts’ forecasts on Tuesday, caused by weakness in the bank’s bond-trading business.
Volkswagen and Ford are forming a global alliance to develop commercial vans and medium-sized pickups together while exploring broader cooperation on future battery-powered and autonomous vehicles and services.
The project will rise along Biscayne Bay.
The organization has its sights set on an April ground-breaking for a 70,000-square-foot administrative and clinical campus.
COhatch has a plan to take its coworking brand nationwide. Founder Matt Davis says through licensing, he hopes to see his coworking and entrepreneurship hubs pop up in small and mid-size cities in other areas. This would continue the expansion of the concept, which started in Worthington and has since made plans to open a … Read more
The developer that bought a large swath of land next to Chatham Park in the waning days of 2018 views the acquisition as an investment on the Triangle’s “next frontier.”
The company is adding office and warehouse space.
Lanfranco Pescante wants to be clear: Mole Y Abuela is not a Mexican restaurant. It is, he says, a Spanish, Mediterranean and Mexican fusion restaurant, with an emphasis on tapas. It will open in early February in a space that was previously home to Fly Bar in downtown Tampa. “I didn’t want to do another … Read more
Atlanta developers continue looking at ways to bring more housing into suburban downtowns. In Roswell, S.J. Collins Enterprises will partner with Davis Development Group to build 128 apartments on the site of a former popular breakfast spot known as the Southern Skillet. The city’s downtown development authority had bought the shopping center where the restaurant stood … Read more
Whole Foods Market could take over some vacated spaces left by Sears and Kmart stores, according to reports. According to YahooFinance, the Austin, Texas-based grocery store chain, now owned by Amazon.com Inc. (Amazon acquired Whole Foods in 2017 for $13.7 billion), is looking at moving into empty commercial real estate spaces that were once occupied … Read more
Whole Foods Market’s 365 experiment is over. Heralded by the Austin-based grocery chain as a way to win over price-conscious customers when it launched in 2016, there are 12 locations nationwide of Whole Foods 365, including one in Akron. But the company won’t open any more of the smaller stores, according to multiple media reports … Read more
Habitat for Humanity is relocating its downtown Atlanta headquarters. The organization, which works to eliminate substandard housing, has signed a 54,603-square-foot lease at the Marquis Two Tower in Peachtree Center. Habitat for Humanity is moving from downtown’s 270 Peachtree. It plans to occupy the new space by November. Jonathan Reckford, Habitat for Humanity International CEO, said … Read more
UnitedHealth’s fourth-quarter earnings slid 16 percent from last year, when a federal tax overhaul helped the nation’s largest health insurer, but the performance still came in well above analyst expectations.
Hull Street Blues Cafe, a quintessential old-school Baltimore bar and restaurant known for its Sunday brunch buffet, seafood and steamship round, isn’t for sale despite an auction notice posted online, the owner said Monday. Dan Macatee said a legal mix-up over the property’s mortgage led to the foreclosure auction notice on Alex Cooper Auctioneers website. … Read more
Design features in GlobalTranz Enterprises Inc.’s new Minneapolis office showcase the logistics-tech company’s roots in freight brokerage. The first thing one sees stepping into the space are Goodyear tires hanging like chandeliers from the ceiling. The staircase connecting the office’s two floors in the Capella Tower is walled in by shipping straps and exposed concrete. There are faux tire … Read more
Moving from the east coast, Doug Hanafin took an unconventional route to commercial real estate in Seattle.
Even as temperatures drop, steel is rising on projects all across the Albany region this month. We track the region’s biggest projects on our Crane Watch map. We recently checked in on some of these projects where construction is underway. Check out the slideshow above to see progress on apartments, offices and more being built … Read more
With so many shopping centers along the Interstates 75 and 675 corridors from Dayton to Columbus, there are plenty of places for new-to-town restaurants to put down roots. So it’s no surprise that Beavercreek has become a restaurant Mecca. And the epicenter has become The Mall at Fairfield Commons. As the mall has reinvented itself … Read more
Ellicott Development is asked once again to redesign the project.
British Prime Minister Theresa May’s Brexit divorce deal may not be, as one opposition lawmaker called it, “as dead as the deadest dodo,” but it is definitely ailing.
It’s 1 o’clock on a Wednesday afternoon in Wallingford, Connecticut, and about 20 children are watching a screen at the front of the room as they take turns navigating challenges and collecting virtual currency to unlock powers, outfits and pets for their characters.
Facebook says it is investing $300 million over the next three years in news initiatives, with a focus on local news partnerships and other programs.
The company plans to lease back the 1.3 million-square-foot building and continue to use it.