Wilmington office market to take a hit this year
The vacancy rate is expected to rise to more than 20 percent, but momentum in the city may soften the blow.
The vacancy rate is expected to rise to more than 20 percent, but momentum in the city may soften the blow.
Representatives of Sen. Kirsten Gillibrand signed a lease for a 5,000-square-foot office in downtown Troy as the New York Democrat considers running for president in 2020, according to The Times Union. The newspaper cited an unnamed local Democratic operative as its source. The report followed an Associated Press story Thursday afternoon that Gillibrand was considering … Read more
The Russian Finance Ministry says it will start buying foreign currency on the open market next week, five months after purchases were suspended to support the ruble.
European Union officials are working with Britain on ways to help Prime Minister Theresa May avoid a no-deal British departure from the bloc, although an EU leader insisted Friday that his helping hand won’t include any renegotiation of the Brexit divorce deal.
Top St. Louis office buildings ranked by total square feet.
Information was gathered from surveys and interviews with building maintenance firm representatives and is ranked by average square feet cleaned daily in the seven-county Milwaukee area. Only those firms that responded by press deadline and supplied the ranking criteria were considered. Circled items indicate prior rank. NA – Not available.
The Future of Seattle’s Waterfront: Part 1. Throughout January the Business Journal will explore the unlocked potential and complexity of Seattle’s waterfront. The first installment of this series looks at the commercial real estate impact.
Constant activity made my job of keeping up with Memphis real estate a hard one in 2018.
Central Florida denotes Lake, Orange, Osceola and Seminole counties. Information for this list was provided by Cushman & Wakefield.
ABOUT THE LIST: Information was obtained from representatives of listed buildings and Louisville Business First research. Other buildings might have been eligible but representatives of the buildings did not respond to requests for information. Local refers to the Louisville area of Jefferson, Bullitt, Oldham and Shelby counties in Kentucky and Clark, Floyd and Harrison counties … Read more
Our list of office buildings doesn’t typically change much, but this year some noteworthy developments are on the horizon.
Largest electrical contractors in Silicon Valley ranked by electricians in local offices.
$10 million project jump starts Seneca Street redevelopment.
A Taco Bell restaurant is coming to a former Subway location at 74 Summer St. in Boston’s Downtown Crossing. The location appears to be the first Taco Bell in downtown Boston. The fast-casual “Mexican-inspired” eatery has nine area locations, including West Roxbury, Lynn, Cambridge, Everett and Saugus, among others. An electrical permit is posted on … Read more
Beer drinkers can’t claim blissful ignorance for much longer.
The Latest on the espionage-related arrests in Poland (all times local):
The partial shutdown of the U.S. government has begun to make it harder to assess the health of the economy by delaying or distorting key reports on growth, spending and hiring.
The property, with slightly more than half an acre at 17th and Peachtree streets, has location going for it. At just over 30,000 square feet, the Big Brothers Big Sisters headquarters is surrounded by nearly a half-billion dollars in new or ongoing projects.
The developer of Water Street Tampa this week revealed more specifics about what to expect in 2019 — and it’s a lot. From a shift in the number of condos within the Edition Hotel to new office towers, here are the most important things to know about Water Street in 2019: Six new buildings will … Read more
Historic cemeteries in Greater Boston are finding innovative ways to keep their capital-intensive businesses alive.
“We really want this project to appeal to all demographics and be a place where you have multiple reasons to linger,” said Mindy Selig.
The SouthSide Works may soon be getting a much-needed refresh.
German automaker Volkswagen posted another annual sales record in 2018 as new SUV models boosted deliveries and the company managed to increase its share in China even as the car market there shrank for the first time in years.
Heavy snow paralyzed much of Europe for yet another day, cutting off mountain villages, sparking avalanches like one that crashed into a Swiss hotel and killing at least four more people Friday.
President Donald Trump tamped down expectations that he is close to declaring a national emergency to get the money he desires to build his long-promised U.S.-Mexico border wall as a three-week impasse closing parts of the government continued on Friday.
There’s no end in sight to the partial federal shutdown and, more distressing to federal workers, no paycheck in sight either.
The government shutdown has suspended federal cleanups at Superfund sites around the nation and forced the cancellation of public hearings, deepening the mistrust and resentment of surrounding residents who feel people in power long ago abandoned them to live among the toxic residue of the country’s factories and mines.
Nissan’s ex-chairman Carlos Ghosn was charged Friday with breach of trust, according to the Tokyo District Court, making the star executive’s release unlikely for months to come.
Stock markets drifted lower Friday as investors booked some profits after an encouraging couple of weeks that have helped many of the world’s leading indexes halve the losses notched up during a bleak end to 2018.
The North Face and Columbia Sportswear Co. will close locations on Hennepin Avenue later this month, leaving a much larger hole in a block already struggling with a high-profile vacancy.
Kraus-Anderson has long been a household name in the Twin Cities, but not because of its development business.
Asian markets were mostly higher on Friday as investors cheered a more restrained Federal Reserve and U.S.-China trade talks.
U.S. banks are slowing their business of financing commercial real estate deals amid growing competition from private funds and the possibility of an economic slowdown next year, analysts said in an interview Thursday.
AT&T says it will stop selling all location data from mobile phones to brokers following a report that companies are still selling that information to shadowy companies without customer knowledge.
A new survey of the 56 largest grocery retailers in the United States according to customer preference ranked Trader Joe’s as No. 1, one of 10 of the top retailers that don’t have a Hawaii presence. The dunnhumby Retailer Preference Index Grocery Edition, which conducted an online survey of about 7,000 U.S. households, ranked Costco, … Read more
Projections, however, show supply will outpace demand for all hotels in St. Louis in 2019
The report noted that the Kapiolani submarket saw the greatest increase in occupancy and decrease in the vacancy rate last quarter, a 3.9 percentage-point drop to 11.6 percent.
It’s the first of what will be a total of 3 million square feet of commercial and industrial space in the 1,550 project in West Oahu.
Swedish home furnishings giant Ikea announced plans on Friday to open its first New Zealand store.
Deep in Gov. Gavin Newsom’s new budget is a figure that says a lot about California’s shaky legal marijuana market: The state is expecting a lot less cash from cannabis taxes.
New ownership hopes to revamp The Medicine Factory building Downtown, giving it needed renovations and fixing a leaky roof. Medicine Factory LLC, owned by Philip and Joseph Lewis, has applied for a $150,000 development loan from the Center City Development Corp. (CCDC) in order to add more artist loft space and event space to the … Read more
Retail real estate experts say the property is a “good investment” for a long-term play.
In planning a construction project, one of the very first decisions an owner must make is who to hire to manage and oversee the project. Assembling a quality team to manage and oversee the construction project is the first step to ensuring a successful outcome. Critical to making this determination is understanding the difference between … Read more
Illinois developer Ravine Park Partners is planning to build new apartments in Milwaukee’s Park East corridor, and could break ground in June in the Kenosha County community of Somers. The two projects mark Ravine Park Partners’ entry into southeast Wisconsin as a lead developer. The firm has fostered a keen interest in both downtown Milwaukee … Read more
Virtually every construction project in town is affected.
Trek to move forward on 47-unit mixed-income residential development in East Liberty
Hedge fund manager Eddie Lampert has increased his bid for Sears Holding Corp. Through ESL Investments, Lampert met a 4 p.m. deadline on Wednesday in which a $5 billion bid was made, reports say. Sears, a 126-year-old retailer, filed for bankruptcy protection on Oct. 15. If it were to liquidate, hundreds of stores would close … Read more
These projects haven’t gotten the same attention as developments in San Francisco and Oakland.
A group of Nashville investors is preparing to renovate a 1910s building on South Main, which was once home to the Ambassador Hotel. GEM Investments LLC, led by Matthew Pierce, wants to build-out 10 apartments and a restaurant in the dilapidated, three-story building, which is located at 345 S. Main St. Half or more of … Read more
These 15 entities led the way among groups hitting Southwest Fourth and Main.