Airlines stocks were pummeled Thursday after Delta Air Lines Inc. trimmed its revenue forecast for the fourth quarter, renewing investors’ fears that airlines will squander the savings they are reaping from the recent drop in fuel prices.
Energy companies make up five of the 10 largest office leases signed in Houston in 2018.
Lover recently spoke with the Business Journal about how he plans to outpace his competitors, keep employees engaged and give his clients what they want.
New details are emerging within plans for Google’s sister company Verily, a life sciences research organization, to introduce a drug addiction and mental behavioral health treatment program in the Dayton region.
The firm has relocated from 1600 Market St. to 1601 Market St., where it now occupies the third and fourth floors. Jeffrey Zudeck, managing partner for the firm’s Mid-Atlantic region, said it now has about 40,000 square feet, compared to the 22,000 square feet at 1600 Market.
The Class B property was acquired in June 2007 for $28.7 million.
David Griffin Jr. is confident in future of the property.
A total of $56.5 million in several state and federal incentives will be used across Maryland to attract opportunity zone investments as a national competition for such dollars heats up. Gov. Larry Hogan detailed the package on Thursday in an opportunity zone in West Baltimore next to Coppin State University. There, a $20 million redevelopment … Read more
Despite the slowdown near the end of the year, there was still quite a bit of real estate activity.
The organization’s former CEO’s explosive letter alleges chaos and malfeasance and threatens to blow the roof of SABOR.
The value of land along the Grand Parkway has increased as much as 52 times its original value 10 years ago.
With President Donald Trump warning that it “could be a long time” before the partial shutdown of the government ends, concerns are rising about potential economic damage given that the shutdown is coinciding with other threats.
Behind Apple’s disconcerting news of weak iPhone sales lies a more sobering truth: The tech industry has hit Peak Smartphone, a tipping point when everyone who can afford one already owns one and no breakthroughs are compelling them to upgrade as frequently as they once did.
Democratic attorneys general on Thursday appealed a federal court ruling that the Affordable Care Act is unconstitutional, as new enrollment numbers underscored the staying power of the Obama-era law.
As businesses like Amazon set up big outposts in the booming stretch of Texas between Austin and San Antonio, the organization in charge of economic development in that region has a new point person for business recruitment.
A mid-century high-rise in the heart of Fort Worth is getting a facelift. The former Bank of America Center, which has been renamed First on 7th, will undergo a renovation process aimed at bringing the building up-to-date while preserving its architectural integrity, said Jack Clark, president of Red Oak Realty. “Our plans are based on … Read more
The industrial market stayed hot throughout the year, and the office segment showed some improvement for both the central business district and elsewhere.
Commercial real estate developers like Gary Dillabough and Chris Freise have long recognized and in fact trumpeted the viability of downtown San Jose — even before Google decided to build here. Here’s how this generation of developers is shaping the future of the city’s commercial core.
Foxconn Technology Group bought a historic downtown Racine office building from a real estate affiliate of the county’s other manufacturing giant, S.C. Johnson & Son Inc. A Foxconn affiliate acquired the property at 601 Lake Ave. in late December for $1.2 million, according to state records. That building, a former Elks lodge dating to 1912, … Read more
Andy Loughnane will be a paramount contact for the business community and decision maker as the team makes inroads with companies that may want to help build a stadium, strike alliances with the team, or sponsor jerseys and the stadium itself.
The Seattle buyer will modernize the building into new office space.
When it comes to increasing the size of their real estate portfolios in Massachusetts, the leading commercial property managers in Massachusetts saw an up-and-down year in 2018.
Worcester Investments COO Matt McCauley shares why the company bought 909 and 929 Walnut St. and details its plans for both properties.
Gary Dillabough has long been bullish on San Jose’s commercial core
Owner John Knipp, who made the decision to retire, says the deal was official Dec. 31.
David S. Brown Enterprises hired a new team to focus on leasing its office space. Abeshouse Partners LLC and David S. Brown Enterprises have mutually parted ways, said a spokesman for David S. Brown on Thursday. David S. Brown executives Kevin M. Keane and Brent Mangum began managing commercial office leasing and marketing in Maryland … Read more
The company said it expects to finish the new space this spring.
When Jeff Bezos decided to create a $5 billion second corporate headquarters with 50,000 jobs, one of the people he trusted most was Holly Sullivan. Amazon’s director of worldwide economic development, Sullivan was born and raised in Nashville, graduated from Harpeth Hall School, and returned after college to spend 13 years leading job-creation efforts in … Read more
Two signature diocesan-owned properties, including the former residence of the bishop, are under contract.
Salem real estate developer Milan Patel has proposed a $9 million, 24-unit residential complex with 24 parking spaces at 11 Dana Ave. in Boston’s Hyde Park neighborhood, a stone’s throw from the MBTA Hyde Park Commuter Rail station. Patel’s HHC One Grant LLC owns 11 Dana Ave., where a residential home now stands, according to … Read more
Yoga studio chain CorePower Yoga will join a new bar and restaurant from the Fainting Goat team in the new building at 1773 Columbia Road NW. The project, which includes luxury apartments and retail space at the site of a former Payless ShoeSource, is across the street from the buzzy Line D.C. hotel and comes … Read more
A developer that previously proposed a 17-story apartment project has purchased property that houses The Break in Five Points South.
The sculpture garden hopes to attract more visitors.
Fulton Bank has opened its first retail bank branch in Philadelphia and has plans to add two more this quarter, including one in the Comcast Center in a space that was recently vacated by Citizens Bank. In addition, the bank has agreed to buy Forney Financial Solutions, a wealth manager based in Altoona with about … Read more
The $35.9 million, 306-unit purchase is the first local investment for both firms.
Brothers Tom, Dave and Mike Auther and their longtime partner Joe Jackson have spent their whole careers in Phoenix’s real estate world, but now they are trying something a little different: horse racing.
Montgomery County has 143 shopping centers and, recent data shows, most of them – a cluster of 13 – are in Abington while Montgomeryville has a dozen. Both Upper Merion and Lower Merion each have 11 shopping centers, according to recent Montgomery County Planning Commission data. But Upper Merion, home to the King of Prussia … Read more
The $18 million conversion of a former Perlick Corp. refrigerator plant into housing is among 54 Wisconsin developments competing for affordable housing tax credits this year.
The property, at 1610 Cornerway Blvd., was last assessed for $12.2 million by the Bexar County Appraisal District.
After a year marked by page-turning developments in St. Louis business — from acquisitions of local giants Express Scripts and Monsanto to the evolution of the Cortex Innovation Community — what sort of follow-up will 2019 have in store?
The former Cast-Fab Technologies property in Oakley has been purchased by a real estate development group with plans to redevelop the 28 acres.
The site plan includes four three-story residential buildings on the outside of the property and a much larger four-story building at the center of the property, which will enclose the community’s pool.
The property is near Interstate 95.
Since Amazon announced its decision to build part of its second headquarters right here in D.C.’s backyard, I’ve been asked daily — by both Cvent employees and other area tech leaders alike — about whether this is good for our city. My answer has been an unequivocal yes. In fact, the governor’s office reached out … Read more
Rising suicide rates and depression in U.S. teens and young adults have prompted researchers to ask a provocative question: Could the same devices that some people blame for contributing to tech-age angst also be used to detect it?
An apartment community in Northern Kentucky recently sold for more than $40 million.
He currently has nine “garaged,” top-of-the-line sports-performance cars, each priced from $100,000 to more than $300,000.
Downtown Winston-Salem will remain a hub of activity in 2019.
The company will have nearly 600 employees.
The prospective deal could help generate more leasing activity for the mixed-use project.