Industrial project could be spark for Glendale development
Lincoln Property Co. has plans for a 1.2 million-square-foot build-to-suit industrial project in west Glendale.
Lincoln Property Co. has plans for a 1.2 million-square-foot build-to-suit industrial project in west Glendale.
A letter of intent, released by the port only after a legal challenge, details how the Portland Diamond Project would lease Terminal 2 and pay up to $1.5 million for a two-year exclusivity period.
Wall Street started 2018 strong, buoyed by a growing economy and corporate profits. It isn’t ending that way.
This week, a downtown Denver bank building sold for $194 million and WeWork picked Cherry Creek for its ninth Denver location.
San Jose wasn’t the only part of Silicon Valley with significant real estate developments in 2018. Here are our picks for the five biggest commercial real estate stories that happened outside of the Bay Area’s biggest city.
With more than 2,100 acres to play with, it would be about three times the size of Mueller. Find out how developers are proceeding at City Hall, and how they’re trying to allay concerns about environmental impact.
The two buildings total 386,000 square feet and are 88 percent leased.
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
Lincoln Property Co. has plans for a 1.2 million-square-foot build-to-suit industrial project in west Glendale.
Buyers continue to scoop up properties near Pepper Place.
The number of participants in the construction workforce could be declining, according to local industry executives
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
Bond Collective, a New York-based luxury coworking space, leased 25,871 square feet on the first two floors of Pennzoil Place at 711 Louisiana St. in downtown Houston.
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
The Puget Sound area has seen its high-tech job base increase 26 percent over the last two years, making it the fastest high-tech job growth market in the nation.
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
Johno Harris, president of Charlotte-based Lincoln Harris, said much of what’s driving the real estate firm’s development this expansion period, like other real estate groups, is the dramatic shift in the types of capital now investing here compared to previous cycles, which were largely bank-driven.
The homeowner’s association represents more 1,200 homes south of Lake Nona Boulevard.
The applicant plans to convert a former salon and retail shop on Dixie Highway into a distillery with bottling operations and a tasting area.
The Whole Foods Market-anchored retail portion of Waverly in south Charlotte is under new ownership.
The financial institution’s transaction leads 2018’s notable commercial real estate projects and announcements.
PlanIT Impact’s traction got a boost this year with a $900,000 funding injection. CEO Dominque Davison talks about the startup’s progress and where it’s headed.
Six major players in the local market shared cautious – yet optimistic – outlooks for 2019.
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
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
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
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
While families were wrapping presents, a Maryland developer was closing on two large land deals in the Triangle totaling more than 700 acres.
With the redevelopment of Southbrook Mall nearing completion across the street, Southland Mall has sold.
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
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
Despite announcing plans for three new hubs, Amazon is still growing in its longtime home.
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
Real estate firm works to cap off Bakery Square development while setting up four new development projects in Oakland.
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
Five Dayton-area warehouse buildings have been sold to a Texas real estate investment firm.
Vallozzi to open third salad restaurant in central business district to operate along with three other food ventures
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
Developers pitched high rise residential towers left and right in downtown Minneapolis in recent months, most of them gaining approvals just before the City Council was about to pass an inclusionary zoning policy that will require affordable units in such projects.
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
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 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
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
The mall owners are trying to collect more than $500,000 in unpaid rent from Sears.
Amazon’s rise is forcing laundry detergents to shrink.
Michael Weinberg opened the firm’s Orlando office with one other person in 2012, and since has helped grow it to nearly 20.
A massage parlor in a Folsom Boulevard shopping center allegedly has a documented record of brothel-like activity, and the city of Sacramento is pressuring the landlord over it.
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
Most Asian stock markets gained while Japan edged down following Wall Street’s rally at the end of a turbulent week.
A federal investigation of a multimillion-dollar investment fraud scheme has led to criminal charges in Maryland against four women who worked for an Israel-based company.