Project to watch in 2019: Verily's addiction treatment program

The California-based company Verily, formerly Google Life Sciences, is bringing an addiction treatment and mental behavioral health program to Dayton. Google has been preparing to enter the Dayton market for well over a year now, and those plans should come to fruition in 2019, including the possible design and construction of residential units as a … Read more

Downtown Dayton office building sells for $1.8M

One of the largest office buildings in downtown Dayton has been sold to a local investor. The Talbott Tower, located at 131 N. Ludlow Street, sold on Jan. 3 for $1.8 million, according to Montgomery County property records. The buyer is listed as Talbott Tower Holding LLC, which lists a mailing address in Dayton. Construction … Read more

Phoenix Investors buys Missouri, Illinois industrial facilities

Phoenix Investors of Milwaukee added buildings in Missouri and Illinois to its growing portfolio of industrial properties that now spans 24 states.  The two recently completed sales add 754,580 square feet to the company’s holdings, which now total about 24 million square feet, according to a Monday press release that did not disclose purchase prices. … Read more

Tribe buys land once marketed as billion-dollar bioscience park for $15M

A parcel of southeastern Minnesota land once touted as the home of a $1 billion biotech industry park has been sold to the Prairie Island Indian Community for $15.5 million. The Star Tribune reports on the deal, for more than 1,000 acres of land near Pine Island, north of Rochester. The Prairie Island Indian Community … Read more

Local group buys Lee's Summit shopping center

A group of area investors bought a Lee’s Summit shopping center. An investment group headed by Block & Co. Inc. bought the Valle Vista Shopping Center for an undisclosed price. The 44,330-square-foot center, located southwest of the intersection of Chipman Road and Missouri Highway 291, is fully occupied, according to a release. Tenants include IHOP, … Read more

Peached Tortilla owner readies new bar with creative cocktails, Korean shaved ice

Lawyer-turned-restaurateur Eric Silverstein is close to expanding his local hospitality holdings. The owner of The Peached Tortilla is set to open his latest business, Bar Peached, on Tuesday at 1315 W. Sixth St., in the Clarksville area just west of downtown. Silverstein left a lucrative attorney job and started The Peached Tortilla as a single … Read more

Randall Davis plans high-rise condo tower along Westheimer

Plans for a 20-story condominium tower at 3723 Westheimer have been submitted to the the city of Houston. Houston-based urban planning firm Vernon G. Henry & Associates Inc. submitted a variance request for the project, according to the Jan. 3 Houston Planning Commission agenda. The project is for Houston-based multifamily developer Randall Davis Co., per … Read more

As stores wiggle out of taxes, towns bear brunt

With astonishing range and rapidity, big-box retailers and corporate giants are using an aggressive legal tactic to shrink their property tax bills, a strategy that is costing local governments and school districts around the country hundreds of millions of dollars in lost revenue.

Distribution company seeks incentives to open Jacksonville warehouse

An international distribution company is seeking $261,000 in city and state incentives to open a facility in Jacksonville. If approved by City Council, the company would, in exchange for the incentives, hire at least 87 full-time jobs at an average annual wage of $57,540, according to city documents. The company also plans to invest $50 … Read more

Publix to add another GreenWise Market location, this time in Birmingham

Publix Super Markets Inc. continues to expand its new GreenWise Market banner, this time with a location in Birmingham, Alabama. The Lakeland-based grocer said Friday that it is acquiring two leases from Western Market, a Birmingham-based grocery chain. One of those locations, in Vestavia Hills, will open as a traditional Publix store. The other, in … Read more

Berry Hill recording studio sold

The House of Blues recording complex in Berry Hill has been sold to Universal Music Group. The studio sold in November for $4.33 million, The Tennessean reports. House of Blues opened at 518 East Iris Drive in 2009; prior to that, it was known as East Iris Studios.

Long-time Lawrenceville gallery to close

Gallery on 43rd Street, an artist business mainstay that was an early cornerstone of Lawrenceville’s revitalization, is closing at the end of the month. Owner Mary Coleman announced the move on Facebook that she will close to the public on January 31, thanking customers and neighbors for their support. Specializing in showing the works of … Read more

Eakin buying slice of massive Antioch development

One of Nashville’s largest office developers is under contract to buy a piece of a massive mixed-use development site in Antioch. Nashville Post reports that Eakin Partners has a deal in place to buy 30 acres of the Century Farms development site. That’s equal to about 10 percent of the 310-acre property located at exit … Read more

Winston-Salem-based Novant to reopen three urgent-care locations in Charlotte this week

Winston-Salem-based Novant Health will open three remodeled urgent-care locations in Charlotte as part of its partnership with GoHealth Urgent Care. Those locations are: Midtown, at 445 S. Kings Drive, opened Sunday Waverly, at 11840 Southmore Drive, opening Tuesday Matthews, at 9600 E. Independence Blvd., opening Thursday The three locations were already operating as Novant clinics. … Read more

Initial stadium plan for Cincinnati's MLS team gets key approval, but final fate is uncertain

The Cincinnati Planning Commission approved zoning changes and initial plans needed for FC Cincinnati’s Major League Soccer stadium on Friday, sending those items to the Cincinnati City Council, where they could face political turbulence. Vice Mayor Christopher Smitherman, a member of the commission, recused himself from the vote because Jostin Construction, a company owned by … Read more

Deals of the week: Arizona Republic building fetches $37.65 million

The Arizona Republic building and parking garage on Second and Van Buren Streets has been sold to ViaWest Group for $37.65 million. Gannett Co., the parent company of the Arizona Republic and azcentral.com, announced it would sell the 10-story office building and parking garage last June. The Republic, KPNX-TV Channel 12 and G/O Digital share … Read more

Trump heads to TV, border as fed workers face paycheck sting

With no breakthrough in sight, President Donald Trump will argue his case to the nation Tuesday night that a “crisis” at the U.S.-Mexico border requires the long and invulnerable wall he’s demanding before ending the partial government shutdown. Hundreds of thousands of federal workers face missed paychecks Friday as the shutdown drags through a third … Read more

Sales of Arizona state land surge in 2018, report says

State land sales topped $330 million during 2018, a huge surge fueled by increased developer interest in Valley projects in moves that also help provide more money for state schools. Sales through the Arizona State Land Department easily surpassed the $44 million achieved during 2017 and represented about 10 percent of all Valley land sales, … Read more

5 good reads: Answering questions about entrepreneurs, the shutdown and acquisitions

My colleagues are pretty good at asking questions. We’re not talking about ticking off “who? where? what? why?” but combining experience and information from background research with an inherent curiosity. So, let’s take a look at some of the week’s best reads, along with the questions key to the stories: 1. What do the area’s … Read more