Colorado law firm's growth leads to bigger Kansas City office

A little over a year after moving into a new Kansas City office, Knight Nicastro LLC is ready for a larger space.  The full-service law firm, based in Boulder, Colo., specializes in transportation and insurance defense as well as employment law disputes. In October, it expanded its insurance defense practice in Kansas City with four … Read more

As Memphis continues property registry plans, WaPo highlights local landlord

The City of Memphis continues to plan a rental property registry to help deal with code violations on buildings and land owned by out-of-state firms. The public draft of Memphis 3.0, the city’s first comprehensive land-use plan in nearly 38 years, contains verbiage about a previously planned rental property registry that would require “a local, … Read more

The most popular real estate stories of 2018

Here’s a rundown of the Boston Business Journal’s top 15 most-read real estate stories this year. 1. Amazon plans to lease 18-story office, add 2,000 workers in major Boston expansion: A regulatory filing from Chestnut Hill-based WS Development in February confirmed Business Journal reporting that tech giant Amazon.com Inc. would lease up to 1 million … Read more

Year in Review 2018: Our favorite cover stories

A lot goes into the stories you see gracing the cover of the Baltimore Business Journal every week. From idea to publication, the whole process typically takes weeks, sometimes months, with plenty of discussions about reporting, design and art along the way. To spotlight some of this great work, I asked each of our reporters … Read more

Meridian buys again in Arlington County

The Meridian Group has picked up its next value-add Arlington County office building as it prepares to part with another property along the Rosslyn-Ballston corridor. An affiliate of the Bethesda-based developer closed Wednesday on its acquisition of 2500 Wilson Blvd. and several adjacent parcels from an affiliate of TH Real Estate for a consideration amount … Read more

Quiz: Test your knowledge of this year's business news

2018 was a big year in business news. A trade war heated up between the U.S. and China, Facebook’s stock took a face-plant, and two big tech companies reached $1 trillion in value, although that was before this fall’s stock market rout. Test your knowledge of this year’s notable events in business news with this … Read more

Year in Review: First Coast's health tourism industry spurs growth

Jacksonville’s health care providers saw a spate of expansions in 2018, helping cement the area’s status as a medical tourism destination and meeting location for medical professional. Mayo completed a “destination medical facility” in Jacksonville, partially funded with a $20 million grant from the South Florida-based Harry T. Mangurian Jr. Foundation. A new Baptist MD … Read more

Year in Review: Curry v. Sleiman

Years of bad blood between the owners of the Jacksonville Landing and the city reached a new tipping point in 2018. ¶ It began on May 4, when Landing owners Jacksonville Landing Investments, a subsidiary of Sleiman Enterprises, filed a motion for injunctive relief in a 2017 lawsuit that aimed to compel the city to … Read more

The real estate and employers dominating Fairfax County's economy. Of course Amazon has a place in this.

A little piece of Amazon.com Inc. (NASDAQ: AMZN) goes a long way. Fairfax County’s Economic Development Authority worked with 164 companies in calendar year 2017 to add, eventually, nearly 8,200 jobs. Three announcements, including a doozy from Amazon Web Services, accounted for 70 percent of that total. That’s one of the more interesting stats from … Read more

New claim accuses Hitt Contracting of retaliation in Glenstone suit

The foundation behind the Glenstone museum in Potomac made yet another new claim Wednesday against Hitt Contracting — that of retaliating against a supplier for providing what the foundation describes as incriminating information in a contentious lawsuit between the two over a $200 million museum expansion project. Glenstone Foundation is alleging that Falls Church-based Hitt … Read more

NBJ's 2018 Newsmaker of the Year is…

Amazon changed the trajectory of Nashville on Nov. 13, when it revealed plans to open a logistics hub here with 5,000 jobs. At the center of that decision was Nashville native Holly Sullivan. Sullivan is the Amazon.com Inc. executive who led the tech giant’s nationwide search for a second corporate headquarters and, as we later … Read more

Delaware County rejects bids for old jail redevelopment, turns to new strategy

Delaware County commissioners have again rejected bids from developers who want to convert the old downtown jail into something new. This time, the commission turned down applications from three developers – Michael Cox, Roxlton Holding LLC and Connect Realty – and voted to transfer the historic building at 20 W. Central Ave., to the Delaware … Read more

Op-Ed: Labor and construction industry need to work together for a stronger Houston

There’s a lot of noise these days — especially in our incredibly polarized political environment — about the divide between labor unions and industry. Despite the perception and rhetoric that we work at cross-purposes, the reality is that in many fields, we must work collaboratively to fill America’s workforce needs of the construction sector and … Read more

Marshalls at Mondawmin Mall to close

The Marshalls department store in Mondawmin Mall will close Jan. 12, becoming the second major retailer to exit the Northwest Baltimore shopping hub. A manager at the 21,000-square-foot store confirmed the closing Thursday morning, saying she didn’t know why the store was closing as it is a “corporate decision.” A representative at TJX Cos. Inc. … Read more

Year in Review 2018: Opportunity zones mean city's neglected communities may soon see investment

With the advent of opportunity zones this year came a renewed hope for redevelopment in long-ignored areas of Baltimore. That means city neighborhoods like Park Heights, Broadway East, Coppin Heights, Mondawmin and dozens of others could be in focus for large-scale renewals as the program rams up in 2019. It’s another step in the push … Read more

Greetings & Readings in Hunt Valley to close after 49 years

Greetings & Readings will close its 30,000-square-foot book and gift store on Jan. 20 after 49 years in business. Members of the family-owned business in Hunt Valley Towne Centre told the 80-member workforce Thursday that the independent book and gift store would shutter after sales had slumped 15 percent this year. “The internet has put … Read more

Memphis public company buys out New York partner

A Memphis-based public company is continuing to execute on its long-term strategy with a recent property acquisition in New York.   Jernigan Capital Inc. (JCAP), which provides financing for self-storage developments across the U.S., announced Dec. 26 it had “acquired the membership interest of its developer partner” in a newly completed self-storage development on Long Island. … Read more

Israel Englander's Millennium Management leasing Boston Properties office

Boston Properties has finalized a 300,000-square-foot lease to hedge fund Millennium Management at the longtime former Citigroup headquarters in New York City. The deal brings Boston Properties’ (NYSE: BXP) 40-story 399 Park Ave. building to 93 percent leased. The tower had been home to Citigroup (NYSE: C) for decades prior to the firm’s relocation to … Read more