myNOI Lease agreements have been approved for a pair of growing companies that will occupy more than 140,000 square feet of additional space at a local air park. The Clinton County Port Authority’s board of directors recently OK’ed three facility leases that represent close to 140,700 square feet of space in three building at Wilmington Air … Read more
The rapidly expanding coworking company will have 300-plus desks at the location.
An alleged “boys’ club” at Nike, Intrigue at Intel, heartache at OHSU, a winemaker showdown, an Investment stampede, a shakeout in cannabis and a rush into hemp are just a few of the stories that made for a wild 2018.
The city has approved a deal with Hotel Concepts, which will buy a city-owned development site.
It was a first introduction to a real estate executive who is stepping into the shoes of a Milwaukee business legend.
Sobrato aims to bring more than 500 homes and 400,000 square feet of office to Redwood City right off of Highway 101.
While many infill projects are opposed for being too tall and out of place with their surroundings, a proposal for Capitol Mall in downtown Sacramento is being appealed for the opposite.
This was a tumultuous year in Silicon Valley, but also one in which the region’s blockbuster growth continued unabated. After a year of scandals, the specter of regulation has never loomed larger for the region’s tech giants. At the same time, Google and Facebook continued their growth streak around the Bay Area, signaling that while … Read more
A well-thought out real estate investment has already paid off in multiple ways for The Program.
Sobrato aims to bring more than 500 homes and 400,000 square feet of office to Redwood City right off of Highway 101.
President Donald Trump knows how to make an entrance.
Actress Eliza Dushku says she struggled with her decision to keep quiet about the sexual harassment she says she endured from the star of the CBS show “Bull,” weighing her desire to keep her ordeal private against her worry that it would be swept under the rug.
A new manufacturer for a recently completed industrial park and an expansion at another company’s existing complex will bring a combined 230 jobs and $48.4 million in investment to Catawba County. The second manufacturer for the new Trivium Corporate Center will bring 130 jobs and $17 million in investment in a new plant that makes … Read more
Another developer has been thwarted by Edina’s City Council in its quest to add multi-family housing to the city.
The newest Frontier location opened early this month in Manor, its third opening in Central Texas in the past 18 months. Another branch is in the planning stages, President and CEO Patrick Johnson says.
A $1.6 billion project that could transform Kansas City International Airport (Code: MCI) into a single-terminal facility has a new departure date: Jan. 10. That’s when the City Council’s Airport Committee hopes to vote on an ordinance that will secure funding and allow the first phase of construction to begin. During the committee’s Thursday meeting, … Read more
The fund will be the fourth in a series for the Portland firm.
UT System Regents voted Dec. 20 to enter a ground lease with Oak View Group LLC for a new arena that can host Longhorn basketball games as well as concerts and other large events.
The decision places a sizable office tenant up for grabs among developers pitching or building competing downtown projects, while raising fresh questions about the outlook and scope of the potential One KVB development, at the Korean Veterans Boulevard roundabout.
The $58 million sale of the River House apartments, which involved buyers and sellers from outside of the region, is a good indicator of investors’ interest in the Milwaukee area.
With purchases of auto shops and a hotel taking the lead, here are the smaller deals struck in the Denver metro this week.
Like many news outlets, most of our reporting at the Austin Business Journal is expressed through the written word. But just as important are the images that accompany the stories, often bringing a subject to life like no sentence ever could. We tried to photograph as much as we could. In 2018 we visited boardrooms … Read more
The movie theater was dead, they said. After ticket sales slumped in 2017 , due largely to the worst summer season in more than a decade, pundits far and wide predicted the hastening demise of moviegoing, an inevitable casualty to the rise of streaming.
The $424 million project could be completed in early 2020.
Da Mimmo, a fixture in Little Italy for nearly 35 years, has been listed for sale. The restaurant and its gold-and-terra cotta-colored building at 217 S. High St. is being marketed at $1.75 million, according to a listing posted on the internet marketplace Loopnet. In an email, Da Mimmo owner Mary Ann Cricchio said she … Read more
Mega deals were in short supply in the South Florida commercial real estate market in 2018, but several trends emerged amid the big transactions that did close. There were 13 commercial real estate sales of $100 million and up, compared to 15 such transactions in 2017. That’s a sign large institutional investors were a bit … Read more
Coworking provider Industrious is expanding its Greater Washington footprint with plans to open two Northern Virginia locations early next year. The 24,795-square-foot space at Jamestown LP’s Ballston Exchange on Wilson Boulevard opens Jan. 7 with 83 private offices, plus four dedicated desk memberships and 10 coworking memberships to work out of the common spaces. Bash … Read more
The purchase price breaks down to $108,000 per apartment or $125 per square foot.
Downtown Cincinnati Inc. will become an affiliate of the Cincinnati Center City Development Corp., which the two organizations hope will lead to cost savings that could be used to expand programming and services, their leaders announced Thursday. A majority of DCI’s 47-member board voted for the agreement on Thursday with some abstentions. The agreement takes … Read more
This south Charlotte development is expanding its tenant lineup. MPV Properties announced four new retailers have signed on as part of the ongoing revamp at the Strawberry Hill development. Mezeh Mediterranean Grill has snapped up 2,820 square feet at the shopping center. That fast-casual Mediterranean concept dishes up custom salad and rice bowls, pita pockets … Read more
The 139-unit project is located in Denver’s Overland neighborhood.
Birmingham-based bDot Architecture has been recognized by a national industry publication. Interior Design Magazine named bDot Architecture as a finalist for its Best of Year Awards for its interior renovation of 1201 Second Ave. N., which serves as the company’s office. bDot was the only firm from Alabama to be selected, and was among honorees … Read more
Carter Hall, the 18th century Virginia plantation loaded with history that’s served as the headquarters of health care nonprofit Project HOPE since 1978, is on the market for $12 million. The 87-acre property is located in Millwood, Virginia, about 70 miles from downtown Washington. Along with serving as the home of Project HOPE, Carter Hall … Read more
Fears of a recession have been mounting with the U.S. stock market appearing to be headed for its worst December since 1931 — during the Great Depression.
Treasury Secretary Steven Mnuchin said Thursday that the negative market reaction following the Federal Reserve’s rate hike this week was “completely overblown.”
There was one thing that supporters and detractors of former President Barack Obama’s health care overhaul agreed on for years: unpopular fines on Americans forgoing coverage were essential for the plan to work because they nudged healthy people to get insured, helping check premiums.
The latest on developments in financial markets (all times local):
The Trump administration moved closer on Thursday to opening thousands of miles within Alaska’s pristine Arctic National Wildlife Refuge to oil and gas leasing, issuing a draft report that concluded the polar bears, caribou and other wildlife could safely share their untouched wilderness with oil and gas producers.
A roundup of business news from throughout Central Florida.
Georgetown was more caffeinated than usual Thursday morning. That’s because juggernaut convenience store chain Wawa was giving away free coffee in celebration of the grand opening of its Georgetown location at 1222 Wisconsin Ave. NW. Employees of the 7,100-square-foot Wawa across from the Georgetown Apple store greeted the neighborhood with free beverages, food and a … Read more
Indigo Ag will have a much bigger presence in a Downtown office building than it announced last week.
What does $4B in metal, brick, glass, and labor look like? Here’s a snapshot of the Downtown project pipeline, circa 2018.
Business was good despite higher interest rates.
A family-owned real estate company is expanding its Raleigh footprint with plans for a 180-unit apartment complex southeast of downtown Raleigh.
JPMorgan Chase & Co. CEO Jamie Dimon was in Boston last week to celebrate the opening of the megabank’s first retail branch in Massachusetts. While there, he was asked to identify markets Chase was targeting following moves earlier this year into Washington, D.C., Philadelphia and Boston. “Get a list of the top 50 — 75 … Read more
Safeway will lease back the property where more than 800 people work.
SJP Properties has wrapped up its acquisition of 470 Park Ave. S. for $245 million. The New York-based firm inked the deal through a joint venture partnership with Prudential Financial Inc.’s (NYSE: PRU) real estate segment. The goal, according to SJP chief executive Steven Pozycki, is to transform the property with a highly “amenitized,” boutique … Read more
A local task force that has spent the last year examining possible outcomes for the Dayton Convention Center is recommending the facility be saved. “We believe it is needed in the community and should stay,” said Phil Parker, president and CEO of the Dayton Area Chamber of Commerce and co-chair of the Dayton Convention Center … Read more
Prime Minister Benjamin Netanyahu on Thursday said that Israel, Greece and Cyprus will sign an agreement early next year to build a pipeline to carry natural gas from the eastern Mediterranean to Europe, while the United States pledged its support for the ambitious project.
The property was seized in foreclosure eight years ago.