Gap Inc. will close its store at the CambridgeSide Galleria mall in East Cambridge on Jan. 28, a representative from the company has confirmed. The Gap (NYSE: GPS) at CambridgeSide is located on the mall’s third floor, where New England Development plans to convert 140,000 square feet of retail into office space. It’s not clear … Read more
Greater Washington is flush with celebrity chefs and high-end fitness centers. The St. James, as of this week, has both. Chef Spike Mendelsohn has opened Vim & Victor, a full-service restaurant and grab-and-go counter, at the mammoth sports, wellness and entertainment center in Springfield. “I have a real passion for sports and leading an active … Read more
The Triangle’s commercial real estate scene has a new recruit. Ron Francis, who played 23 seasons in the National Hockey League and became general manager of the Carolina Hurricanes, is changing careers. He will join NAI Carolantic Realty, which Chairman Steve Stroud founded in 1972. “It’s been a long time since I’ve been the rookie,” … Read more
The selling entity has been criticized by Florida Senator Marco Rubio.
Local smoothie shop Pure Raw Juice, frozen custard chain Rita’s and fitness studio Club Pilates are all on the way to The Rotunda in Hampden as the shopping center fills its final retail spaces. Storefronts at The Rotunda are 94 percent leased, according to Alli Oliver, who recruits retail tenants for the center. Since anchor … Read more
A New York-based real estate investment trust has entered Greater Washington with the acquisition of East Gate Shopping Center in Lanham. ShopOne Centers REIT Inc. says part of its acquisition criteria for shopping centers includes national anchors and regional tenants and being well-positioned within the market’s strongest retail corridor. While the terms of the acquisition … Read more
It looked like a new Austin Municipal Courthouse was going to be built at MetCenter, a sprawling business park in Southeast Austin. That never happened, and the legal battle over the failed negotiations continues.
Beavercreek’s hotel industry will continue to grow in 2019, as construction for two incoming hotels is underway. The two new hotels include Home2 Suites and Tru, both by Hilton, are expected to open this year. The Home2 Suites hotel will be located at Fairfield Commons, which is home to a variety of shopping and restaurants. … Read more
The new proposal will join a party of other sites looking to take advantage of the area’s powerful corporate presence.
Data is from the property appraisers’ offices for the following counties: Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk and Sarasota.
Data is from state27homes.com. Local includes Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk and Sarasota counties.
The Overland Park Planning Commission on Monday will weigh plans for the first construction on the proposed $1.8 billion redevelopment of the former Brookridge Country Club. The six-story building would have 13,000 square feet of ground-floor retail topped by 317 apartments, the Shawnee Mission Post reports. It also would include a multilevel “residential clubhouse” and … Read more
The Kansas City Council pushed forward two big building projects — one at 13th and Main streets and one at Third Street and Grand Boulevard in the River Market — after taking a timeout on the proposals in December. The projects eventually could house as many as 1,800 jobs, and the council signed off on … Read more
The past year was a period of adjustment for the Atlanta office market. The rapid expansion seen from 2015 through 2017 slowed considerably, several corporate consolidations brought large blocks of space back on the market, and rent growth continued in the core submarkets. The resulting market fundamentals reflected this “pause.” Sentiment, though, lies in stark … Read more
Tire Discounters has purchased a downtown office building that will become home to the growing retailer’s headquarters.
Oahu retail finished the year with a gain in occupancy of 358,054 square feet, and the vacancy rate dropped to 5.26 percent from 5.85 percent at the end of 2017, the report said.
Stocks slipped in Friday morning trading, as falling oil prices dragged down energy companies, but the S&P 500 remained on track to close out its third straight winning week following a brutal December.
General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday.
Poland has arrested a director at the Chinese tech giant Huawei and one of its own former cybersecurity experts and charged them with spying for China, authorities said Friday.
President Donald Trump says changes are coming in the way that the U.S. handles temporary H1-B visas, which allow American companies to bring high-tech and other skilled workers into the U.S. from abroad.
Researchers and other scientists who have access to high-performance research laboratories are pioneering breakthrough discoveries in medicine, science and biotechnology. From the medical solutions that are the hallmark of Washington University to the vital research that will take place at the National Bio and Agro-Defense Facility (NBAF) in Manhattan, Kansas, sophisticated lab environments support the … Read more
The Aveda Institute in Minneapolis, one of the brand’s more prominent operations from its days as a Twin Cities-based beauty empire, will be sold to a distributor that already runs many of Aveda’s beauty schools. The Star Tribune reports on the move by Neill Corp. of Hammond, La., which will take over the Aveda Insitute … Read more
Know someone helping to sketch Nashville’s new skyline? Nominate them today. Nominations for the Nashville Business Journal’s 2019 Power Leaders of Commercial Real Estate awards are now open, and we need your help to find this year’s winners. After nominations close on March 10, we’ll open a round of closed voting for the nominees to … Read more
Hedge fund manager Eddie Lampert has increased his bid for Sears Holding Corp. Through ESL Investments, Lampert met a 4 p.m. deadline Wednesday in which a $5 billion bid was made, reports say. Lampert, who founded ESL Investments, also is the former CEO of Sears, though he remains chairman. Sears, a 126-year-old retailer, filed for … Read more
A 262-unit apartment community near the Regency Square Mall in Arlington has sold for $23.2 million. Moncler Landings, at 401 Monument Road, was purchased by Tampa-based Carter Multifamily. It was previously sold in 2014 for $13,525,000. CBRE’s Shelton Granade, Cliff Taylor and Joe Ayers represented seller Woodcreek LLC in the most recent sale, which closed … Read more
Cedar Park City Council voted unanimously Thursday to pick Austin-based RedLeaf Partners LLC as master developer for the Bell Boulevard revitalization project. The city and RedLeaf will spend much of the rest of 2019 hammering out an exclusive negotiation agreement and then a master developer agreement. Assistant City Manager Katherine Caffrey said the vote represented … Read more
Consumer prices slipped 0.1 percent last month, pulled down by sharply lower gas prices and cheaper air fares, used cars, and mobile phone plans.
The roundabout outside Senlis in the northern Oise region close to the busiest of France’s highways is more than just asphalt with cars and trucks circling around it.
Over 40 hotels have been proposed or started work in the region in the past few years, according to data from CBRE. And more proposals surface all the time.
Maryland health care provider CCI Health & Wellness Services is expanding to meet the growing demands of its patients. The Silver Spring-based nonprofit, which has 15 offices in Maryland, is moving into a new 13,000-square-foot facility in Greenbelt for its Women, Infants and Children — or WIC — programs, and medical services. The practice will … Read more
The new owner of Krog Street Market has acquired another popular intown property. Charlotte, N.C.-based Asana Partners bought Midtown Promenade, a busy shopping center near Piedmont Park and the Atlanta Beltline that includes Trader Joe’s and the Midtown Art Cinema, along with restaurants such as MetroFresh and Apres Diem. The price was not disclosed. Ackerman-Midtown … Read more
New York City’s popular falafel chain Taïm is coming to Georgetown. Taïm, which operates in five Manhattan locations, has agreed to lease 1,619 square feet at 1065 Wisconsin Ave. NW. H&R Retail’s Sebastian Restifo and Lawrence Hoffman represented the tenant. The fast-casual falafel company made headlines early last year when its founder, Israeli-born Chef Einat … Read more
The developer has over 18,000 employees.
A health care provider is picking up its headquarters and relocating to a newer building in southwest Fort Worth. Caregiver, Inc., which specializes in intellectual and developmental disabilities, is moving its main operations into a 22,511 square-foot building at 4800 Overton Plaza, less than a mile from its current location at 4100 International Plaza. “Culture … Read more
The German supermarket chain has signed a construction deal to build a 39,300-square-foot store at The Shoppes at Sedgefield Crossing in Greensboro.
The Colorado Historical Foundation’s second director is excited to bring outside experience into the circle of historic preservation.
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