Montgomery County's new executive plans aggressive business recruitment efforts

When Marc Elrich served as an at-large member of the Montgomery County Council, he criticized the county for failing to proactively recruit businesses from outside the state. “They didn’t go to trade shows,” said Elrich, a Democrat who was elected county executive in November and replaced Ike Leggett who stepped down after 12 years. “They … Read more

Deals Day: Boston fitness concept makes first foray into DFW

After seeking millions of dollars in capital, a Boston-based fitness concept is entering the Texas market with two Dallas-Fort Worth locations. Fit Factory, which filed a Form D in October looking to raise $33 million, plans to build 10 facilities in North Texas ranging between 25,000 and 40,000 square feet. One, set to be located … Read more

Charter school will move into former McNally Smith building

The former McNally Smith College of Music building will be a school again later this year, as an east-side charter school takes up residence there. The Pioneer Press reports on the plans for Upper Mississippi Academy, which expects to begin classes in the downtown St. Paul college building this fall. The charter school currently has … Read more

Bridgeville developer seeks to add 9-story building to Strip District

RDC Design + Build, the Bridgeville-based developer behind the District 15 office building in the Strip District, has plans to construct an even larger building in the neighborhood. According to a report in the Pittsburgh Post-Gazette, the company is planning to construct a nine-story mixed use building at 15th and Smallman streets, right next to … Read more

World shares sink after China reports slowdown in exports

Stock markets around the world drifted lower Monday after China reported a slowdown in exports dented the recent upturn in confidence. The British pound was steady ahead of a tumultuous week in British politics with lawmakers expected to vote against Prime Minister Theresa May’s Brexit deal.

Top of the List: Columbus' largest hotels concentrated downtown

The U.S. Census Bureau ranked Columbus the 14th largest city in the United States in 2018, and eighth in the country for its increase in population – the only Midwestern city in the top 15. As an increasingly popular destination for both conventions and leisure travel, Columbus is also growing hotel rooms. Experience Columbus estimates … Read more

City hopes to turn struggling shopping center into mixed-use development

It’s Saturday night in that lull between Christmas and New Year’s Eve, and the sounds of a football bowl game blare across the parking lot at the Beaver Valley Shopping Center. Cars pack the gravel lot next to Beef ‘O’ Brady’s as more sports fans trickle into the pub. A lone powerwalker stomps the treadmill … Read more

Utility seeks bankruptcy protection over California fires

The nation’s largest utility said Monday it is filing for Chapter 11 bankruptcy because it faces at least $30 billion in potential damages from lawsuits over the catastrophic wildfires in California in 2017 and 2018 that killed scores of people and destroyed thousands of homes.

Sanders Trust makes $17M Colorado deal

The Sanders Trust expanded its footprint into Colorado with the purchase of a health care property in Denver. The Birmingham-based company acquired a building from Healthcare Realty for $17 million. That brings the Sanders Trust’s footprint up to 26 states in the U.S. The sole tenant in the building is Eating Recovery Center (ERC). ERC … Read more

Preppy Cohen's Clothiers to close for good after 115 years

Cohen’s Clothiers — where generations of Greater Baltimore shoppers have bought preppy plaids and Oxford shirts — is closing for good. The Cockeysville store at 64 Cranbrook Rd. will begin a liquidation sale Wednesday and shutter in the coming weeks, owner Gilbert Cohen said on social media and in an email blast to customers Sunday. … Read more

Inside Modernizing Medicine's new headquarters (Photos)

Modernizing Medicine on Friday held a grand opening for its new headquarters in Boca Raton. The medical software company moved into the historic Boca Raton Innovation Campus (BRIC) late last year following a 2017 announcement that it would create more than 800 jobs and invest $15 million in the local economy. Currently, Modernizing Medicine has … Read more

Sanders Trust makes $17M Colorado deal

The Sanders Trust expanded its footprint into Colorado with the purchase of a health care facility. The Birmingham-based company acquired one building occupied by Eating Recovery Center at 99 Spruce Street in Denver for $17 million. That brings the company’s presence up to 26 states in the United States. The deal involved one building. The … Read more

Churchville Fire Equipment Corp. to expand in Genesee County

Churchville Fire Equipment Corp. will be adding a fourth location after acquiring a 94-acre site in the Town of Pavilion in Genesee County. Churchvillle will be investing more than $900,000 for Perry Road land that includes a 7,200-square-foot building that the fire services equipment manufacturer will be using to for painting of its Pierce-branded fire … Read more