Between the loan and its permits, construction on the closely watched property in downtown Tampa is likely to begin before the end of the first quarter.

The property was formerly owned by AT&T.

Frederick-based Matan Cos. announced Tuesday it has acquired a 44-acre office campus in Gaithersburg from Leidos Holdings Inc. (NYSE: LDOS), which plans to vacate in the “near future.” The property at 700 N. Frederick Ave. fronts Interstate 270 at the Montgomery Village Avenue exit, next to a new FedEx distribution center. It includes two connected … Read more

One of the largest homebuilders in Greater Cincinnati is now being led by the next generation.

2019 People to Watch: Tom Sebastian

Want proof that Linwood Avenue is one of Buffalo’s white-hot streets when it comes to real estate sales? Consider the just-closed deal that saw Amherst businessman Timothy Gelder buy a mixed-use office/apartment building at 211 Linwood Avenue. Gelder paid $425,000 for the nearly 6,000-square-foot building, according to documents filed in the Erie County Clerk’s office. … Read more

Facing a tight labor pool, developers, public officials and community organizations are using commercial projects to provide residents with careers in construction.

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Jeanne Augier, the millionaire owner of a luxury French Riviera hotel appreciated by celebrities and royalty, has died at 95.

Unemployment across the 19-country eurozone fell in November to a decade-low rate, official figures showed Wednesday, but worries over the economic outlook have stoked concerns it may not fall much lower, if at all.

The chamber wouldn’t say what it thinks 1.7-acre 240 Interstate North Parkway is worth, but it expects to make enough to move, renovate its new location and set aside funds for future lease payments.

David Pergola and Brian Doherty have left CBRE New England’s capital markets team to join Cushman & Wakefield in Boston, another in a series of high-profile hires by Cushman in the wake of CBRE’s (NYSE: CBG) merger with Transwestern | RBJ last year. Before joining CBRE in 2015, Pergola and Doherty were a part of … Read more

Share prices have surged in Europe and Asia on Wednesday on hopes for progress in resolving the tariffs battle between the U.S. and China as three days of talks in Beijing wrapped up without details on their outcome.

The Latest on Brexit (all times local):

Norwegian police say the missing wife of one of Norway’s richest men has been abducted, and that her suspected kidnappers have demanded a ransom of 9-million euro ($10.3-million.)

Britain’s battle over Brexit turned into political trench warfare between Parliament and the government Wednesday, as Prime Minister Theresa May brought her little-loved EU divorce agreement back to lawmakers who appear determined to thwart her plans.

The appeal by the lawyers of Carlos Ghosn, Nissan’s former chairman, against his prolonged detention since his arrest Nov. 19 was rejected Wednesday by the Tokyo District Court.

A German labor union is calling on security staff at three German airports to stage a strike Thursday amid ongoing pay negotiations.

Facebook was defending itself Wednesday against allegations that it allows illegal content in violation of Vietnam’s new cybersecurity law.

A team of real estate investors who’ve made some big moves in Portland in years past have added a three-building office complex in Tigard to their portfolio. Meriwether Partners, which has offices in Portland and Seattle, has acquired the Tigard Corporate Center, a three-building project developed by local firm Specht Development in 2000. The buying … Read more

Bangladesh police fired tear gas and swung batons as thousands of garment workers demonstrated for better wages for a fourth day Wednesday, shutting down factories on the outskirts of the capital.

A major thoroughfare for commuters along downtown Seattle’s waterfront is set to shut down for good Friday, ushering in what officials say will be one of the most painful traffic periods in the history of the booming Pacific Northwest city.

Nissan is showing the beefed up version of its hit Leaf electric car as the Japanese automaker seeks to distance itself from the arrest of its star executive Carlos Ghosn.

Three days of U.S.-Chinese talks aimed at ending a costly tariff battle wrapped up Wednesday in an optimistic atmosphere, with President Donald Trump saying they were “going very well!”

Margot Robbie will bring Barbie to life in a live-action film.

A South Korean court said Wednesday it has ordered the seizure of local assets of a Japanese company after it refused to compensate several wartime forced laborers, in an escalation of a diplomatic brawl between the Asian neighbors.

R.D. Olson Development’s plan to build a second limited-service hotel on Maui outlined in an environmental assessment last summer has triggered a requirement to prepare a more detailed environmental impact statement. California-based R.D. Olson, which built the 138-room Courtyard by Marriott hotel near the Kahului Airport and Costco, had published a draft EA in August … Read more

The Hawaii-based owner of Foodland Super Market Ltd. and Food Pantry Ltd. has signed a long-term lease to open a full-service grocery store on the first two floors of Lilia Waikiki, a planned 285-foot mixed-use apartment tower planned for the center of Waikiki. The grocery store, which will be called The Market at Waikiki, will … Read more

Canadian consular officials have visited a detained Canadian in China who was arrested in apparent retaliation for the arrest of a top Chinese tech executive last month.

Microsoft employees had the honor of beginning demolition of the company’s original buildings Tuesday to make way for the expansion. The company over the next few months will demolish 12 buildings and add six new ones.

In 2018, $2.6 billion worth of office investment properties changed hands.

The developer is under contract for two new projects in the growing mixed-use area.

If 2018 felt like a whirlwind for Water Street Tampa, 2019 will be even bigger. A new hotel and residential and office towers will break ground in the mixed-use urban district under construction in downtown Tampa, and the developer expects a flurry of leasing activity for retail and office space, said James Nozar, CEO of … Read more

A 204-unit apartment community near Atlantic Beach has sold for $24.569 million. The Cove at Atlantic Beach, located at 2160 Mayport Road, was sold by the Atlanta-based Carroll Organization, which bought the property in 2014 for $13.025 million, to a partnership led by California-based Laguna Point Properties. The sale closed on Dec. 14. CBRE’s Joe … Read more

Sprouts, the Phoenix-based specialty grocery store chain, will anchor a new retail development in east Mesa.

A mixed-use building could land near San Mateo’s Caltrain station, providing 64 new units of housing — plus new headquarters for the developer.

Macy’s and Nordstrom moved out; Google Inc. is moving in. The tech giant has leased the entirety of One Westside, a redevelopment project at the Westside Pavilion in West Los Angeles that is turning the shopping mall into a 584,000-square-foot creative office campus. The approximately 14-year lease will commence when construction and tenant improvements are … Read more

Built during the tail end of the last economic boom, mixed-use project Lincoln Gateway limped through several years with vacant spaces and little tenant demand.

Two master development plans by two separate companies vying for rights to build in Mountain View’s North Bayshore will be considered late next month. Already, it’s clear one or both developers will walk away without everything they want.

It’s the second historic waterfront building that WeWork rival Spaces has leased in Seattle.

Drugmaker Eli Lilly has started posting price information online for drugs advertised on TV.

The leaders of seven House committees are calling on Treasury Secretary Steven Mnuchin to explain why the United States is easing sanctions on companies linked to Russian oligarch Oleg Deripaska. It’s one of the first moves of the new Democratic House to scrutinize President Donald Trump’s actions related to Russia.

Newmark Grubb Zimmer has named longtime broker Mark Long as its new president and CEO. Long succeeds Ellen Darling as CEO and David Zimmer as president. The move, effective Jan. 1, represents the first time the commercial real estate company will be led by someone outside the Zimmer family. The company’s board unanimously approved Long’s … Read more

WeWork has purchased Waller Park Place from McCourt Global, according to Travis County records. The transaction was consummated on Dec. 17 — fast forward about a month and the coworking giant has disclosed a new $2 billion investment from SoftBank and a major rebranding as it diversifies into areas such as housing.

Hurricane Harvey might have taken Lakeside Country Club briefly out of commission, but a $38 million renovation will transform it into a “state of the art” club, the club’s general manager told the Houston Business Journal. Construction on Lakeside Country Club’s new clubhouse has been ongoing since August 2018 and is set to wrap up … Read more

Juniper Square, which makes software that manages investor relationships for real estate funds, is scheduled to move soon into a new office in a historic downtown building.

Despite closings of massive retailers, like Toys “R” Us and Sears, and disruption from online sales, 2018 was a robust year for the retail real estate industry in Dallas-Fort Worth.

The World Surf League purchased Austin’s NLand Surf Park for an undisclosed amount, the organization confirmed.

The Kachina Lodge Resort and Meeting Center in Taos was sold to M & M Partnership, a Birmingham, Alabama-based hotelier, on Jan. 2, according to a press release. The new owners will begin renovations, said Pinder Gill, partner at M & M, in a press release from the company. “The Kachina Lodge is a part … Read more

Six companies have submitted proposals to develop JEA’s proposed headquarters, the authority announced Tuesday. The companies’ names and proposed headquarter sites were revealed at the procurement meeting Tuesday, but few other details were made public. The utility plans to narrow the respondents to a shortlist in two weeks — before details on the proposals will … Read more