A massive new Amazon.com distribution hub at Sparrows Point. A proposed new warehouse complex in Jessup. Plans in motion for a 52-acre industrial development in White Marsh where an outlet mall was once envisioned. All are but some of the activity in the industrial real estate market, deemed red hot in 2017 with no break … Read more
The developer buys five locations in various cities.
The Boston Planning and Development Agency approved 41.3 million square feet of real estate development projects in 2018, and some 28 million square feet is under active construction — and that’s just in Boston. The real-estate cycle keeps churning. Here are five real-estate development projects we’ll be keeping an eye on next year. A lot … Read more
A Central Ohio construction operation has been acquired. Adena Construction, based in Mansfield, has signed an agreement to acquire the Ohio operations of Harrisburg, Pennsylvania-based Quandel Construction, which is based in Westerville. Terms of the deal were not disclosed, and the local operation will be merged effective Tuesday. “This acquisition positions Adena Corporation for continued … Read more
U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall.
The lowest-paid workers in New York state will have something to look forward to in the new year: a higher minimum wage, with the biggest boost coming to employees in New York City, who will make at least $15 per hour.
What does Arkansas, Kentucky, Virginia, North Carolina, Georgia, Mississippi, Missouri, and Alabama have that Tennessee does not? Answer: construction and rehabilitation occurring in their rural Main Streets that is creating jobs, preserving local heritage, and building a prosperous future for generations to come. Historic rehabilitation creates jobs, revitalizes our downtowns, repurposes underutilized iconic buildings, and … Read more
Publix continues to reinvent its real estate around convenience, from prepared foods to Instacart.
Publix continues to reinvent its real estate around convenience, from prepared foods to Instacart.
A farm brewery next to a farm winery? Yes please. Jon Hickox, owner of The Winery at Bull Run in Centreville, has applied with Fairfax County to launch a farm brewery on roughly 40 acres contiguous to the winery property. The brewery would have an address of 6780 Bull Run Post Office Road. The existing … Read more
Meritex acquired Northpark VIII, at 6509 Northpark Blvd., this month. Elsewhere in Charlotte, it has broken ground on about 135,024 square feet of flex space in two new buildings at CLT Logistics Center.
Acklin hopes to push for progress on arena site redevelopment from “a different seat at the same table”
Publix continues to reinvent its real estate around convenience, from prepared foods to Instacart.
You know you have a “cool” office on your hands when employees are jostling for a space in the new digs. That’s exactly what happened to PowerObjects’ Associate Vice President of Global Marketing Jeff Wedren when his company opened a new office in the TractorWorks Building in Minneapolis’ North Loop neighborhood in June. “We ran … Read more
A downtown Troy building dating back to the 1860s will soon house a restaurant, offices and apartments — all under one roof. The Dye building, located at 5 S. Market St., was purchased in October 2017 by Steve and Melanie Smith, who own and operate the restaurant on its first floor, The Caroline. The 21,000-square-foot … Read more
A new hotel is in the works for Greater Cincinnati.
A Greater Cincinnati industrial hose and valve equipment manufacturer will relocate to a new facility.
What were some of Atlanta’s top architecture firms working on this year? We asked them, and they showed us. HKS designed Children’s Healthcare of Atlanta’s Center for Advanced Pediatrics in Brookhaven, Georgia. Completed in June 2018, the 260,000-square-foot facility, with interiors by Stanley Beaman Sears, put complex care specialists, state-of-the-art technology and leading-edge research for … Read more
A downtown breakfast and lunchtime eatery has reopened after a fire closed its doors for eight months. The Brunch Club, at 601 S. Main St., reopened Dec. 22 after the kitchen fire last April, reports our news partner WDTN-TV. “It feels great actually,” said owner, Jim Vari. “It was a struggle but we got through it. … Read more
In the Estonian capital of Tallinn, three-day-old Oskar Lunde sleeps soundly in his hospital cot, snuggled into a lime green blanket decorated with red butterflies. Across the room, his father turns on a laptop.
Company involved with many high profile local projects.
Asian markets were mostly lower after President Donald Trump said that there was “nothing new” on the partial government shutdown over a U.S.-Mexico border wall.
President Donald Trump’s claims over Christmas that he had awarded 115 miles of new border wall construction in Texas appear to confuse work that’s already funded and underway.
Japan announced Wednesday that it is leaving the International Whaling Commission to resume commercial hunts for the animals for the first time in 30 years, but said it would no longer go to the Antarctic for its much-criticized annual killings.
Welltower has invested big in North Hills and Cary and has now entered the Chapel Hill market with a medical office portfolio acquisition.
Protests erupted Tuesday in Tunisia after the death of a journalist who set himself on fire to protest economic problems in the North African nation, prompting clashes with police and nationwide concern.
Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President Donald Trump’s criticism of the U.S. central bank.
Nissan Motor Co. executive Greg Kelly was released from detention in Japan on Tuesday after being granted bail over the alleged underreporting of his boss Carlos Ghosn’s pay.
Stocks plunged Monday, with the Dow Jones Industrial Average falling 653 points following President Trump’s tweet attacking the Federal Reserve and its independence.
The Latest on the world’s financial markets (all times local):
The longtime secretary of imprisoned financier Bernard Madoff should be released from prison in March because her advanced age entitles her to take advantage of a new prison reform law, her lawyer says.
Many small businesses will see their labor costs increase in 2019.
We asked local experts for their forecasts for Hawaii businesses in 2019, and they shared with us what they’re excited about (and concerned about) for their industry in the coming year. Here’s what leaders in commercial real estate had to say. Ian Clagstone, president, Standard Commercial What are you most concerned about for your business … Read more
Lincoln planners are reviewing a new retail development for the Sun Hills area of the city.
Brew House No. 16, the bar and restaurant in a converted Mount Vernon fire station, will close its doors on Dec. 30. “It’s a long story with a story ending: we’re closing,” a man who identified himself as Brew House’s owner said when reached by phone at the restaurant Monday. He declined to provide further … Read more
Last month, U.S. District Judge Daniel Crabtree issued an arrest warrant for local religious leader Royall Jenkins for failing to pay $8 million in court-ordered damages to a former follower for trafficking and unpaid labor. Now, it appears that Jenkins’ organization has opened a “teaching restaurant” across from the federal courthouse in Kansas City, Kan. … Read more
Gina Phillips leads the company that is significantly expanding its offerings in the region.
Houston-based restaurant company Luby’s Inc. (NYSE: LUB) issued a letter to shareholders Dec. 24 urging them to vote against an activist investor’s board nominees amid a proxy battle. The investor, New York-based Bandera Partners LLC, has been pushing for changes at Luby’s and last week filed a preliminary proxy statement to nominate four individuals to … Read more
Publix continues to reinvent its real estate around convenience, from prepared foods to Instacart.
Amazon is already King County’s largest office tenant, and it has about 4.5 million square feet of planned office space in Seattle and downtown Bellevue.
The project, called Venture on Marlette, reached its investment goal in two months.
“Our role as a state agency, no matter what state agency we are in, is to be able to help address and resolve issues that come up,” Kelly Schulz said.
Publix continues to reinvent its real estate around convenience, from prepared foods to Instacart.
City boundaries take on weird shapes; few are as weird as where Memphis meets Germantown near Poplar Avenue and Kirby Parkway.
Downtown took some positive steps this year, which was an overall mixed bag for the urban core. Among the bright spots: the completion of the Barnett Bank building; the approval of federal funding to demolish the Hart Bridge ramp, a necessary first step for the development of the Shipyards; a developer laying out plans for … Read more
Faith Hope Consolo, one of New York’s most well-known retail brokers, has died. She was 69 years old. According to multiple media reports, Consolo died of a heart attack on Sunday, Dec. 23. Douglas Elliman, the company for which Consolo was chair of its retail division, confirmed the news to the New York Business Journal … Read more
There are a total of 15,591 units currently under construction in Houston as of Dec. 18.
The office has expanded from a lone employee in early 2016 to nearly two dozen now.
The fitness center contains more than 400 pieces of gym equipment, a full-service spa and salon, several aquatic centers and more.
Houston-based restaurant company Luby’s Inc. (NYSE: LUB) issued a letter to shareholders Dec. 24 urging them to vote against an activist investor’s board nominees amid a proxy battle. The investor, New York-based Bandera Partners LLC, has been pushing for changes at Luby’s and last week filed a preliminary proxy statement to nominate four individuals to … Read more