Raleigh, North Carolina

The developer can use the loan to fund marketing for condo sales.

“People ask, ‘Why are you getting the incentives first?’ The incentives are the piece that we can build everything else around.”

The deal means landlocked Vanderbilt has now spent almost $55 million buying Midtown property since the start of 2014.

Oh Baby!, an upscale seller of apparel and kids’ room furnishings that’s been a longtime tenant at Edina’s Galleria, is leaving the mall for the city’s 50th and France district. Mpls.St. Paul Magazine reports on the move by Mary and Tom Lauer, who have run the business for nearly a quarter-century. They’re taking a 1,500-square-foot … Read more

His attorney says discussions with creditors are ongoing and “substantive.” In testimony, the developer named iPic Entertainment and Anthropologie as some of the interested tenants.

DPR Construction Inc. seeks out team members in Orlando who share the company’s core values and demonstrate a true passion for what they do in the office or field.

An Illinois investor has cashed in on an apartment complex near Research Triangle Park.

SoftBank is once again increasing its ownership stake in WeWork. The Japanese conglomerate — led by billionaire Masayoshi Son — invested $2 billion in New York-based WeWork, according to reports. That amount is far less than the $16 billion that it was previously considering. SoftBank itself inked the deal, not the company’s so-called Vision Fund. … Read more

The South Carolina company now owns ten buildings in Denver’s RiNo neighborhood.

The CES 2019 gadget show is revving up in Las Vegas. Here are the latest findings and observations from Associated Press reporters on the ground as technology’s biggest trade event gets underway.

He joined the company right out of college and is now the president.

Cushman & Wakefield Inc. has two new executive directors in Tampa.

As MARTA begins its largest expansion in decades, it’s bolstering its executive leadership team. Frank Rucker was hired as chief of capital programs, expansion and innovation. Luz Borrero takes over as chief administrative officer and David Springstead is the new chief of rail operations. Rucker worked on the multi-billion-dollar capital improvement program at Hartsfield-Jackson Atlanta … Read more

A Dayton-area brewery will open its new location this week. Eudora Brewing Company will start operations Jan. 11 in its new location at 3022 Wilmington Pike in Kettering. The brewery’s new location is 20,000 square feet, roughly six times larger than its previous location at 4716 Wilmington Pike. Note: Click on the above photos to … Read more

A new coworking space that transformed a vacant building in downtown New Albany is ready to open. The Root, an 8,000-square-foot center that converted a former grocery store in a historic building into a technology hub, has set its grand opening for 9 a.m. Friday at 110 East Main St. in downtown New Albany. The … Read more

With its proximity to Wright-Patterson Air Force Base, the city of Beavercreek is in a prime location for defense contractors. Of the top 25 defense firms in the Dayton region — ranked by the Dayton Business Journal based on prime contract awards for 2017 — more than half are in Beavercreek. In addition, several others … Read more

A German student has admitted obtaining and publishing the personal data of hundreds of politicians and celebrities and told investigators he acted alone, authorities said Tuesday.

Samsung expects its quarterly operating profit to fall 29 percent compared with last year, adding to the tech sector’s unease about the effect of slowing global economic growth on the industry.

2019 People to Watch: Jay Lewis

The warehouse/office would be built in phases, likely starting with 40,000 to 50,000-square-feet. It’s unclear if a tenant has committed to the space.

A Brooklyn investor has purchased two commercial buildings in downtown Glens Falls, New York, over the past two months.

Physician group Hudson Headwaters is moving forward with a $3.15 million plan to renovate a clinic in Glens Falls. Hudson Headwaters plans to renovate its North Country OB-GYN site at 90 South St. to be able to expand beyond the second floor. Bids for the project go out this week. Hudson Headwaters expects to award … Read more

“Professionally sassy” can be used to describe so many elements of marketing firm Bold Orange, including its office design. In April 2018, growth propelled Bold Orange to move from International Market Square to the Washington Square building in downtown Minneapolis. There, with the help of AWH Architects, it got a chance to put its bold … Read more

One of the largest architectural firms in Greater Cincinnati has named a new president. CR Architecture + Design has promoted Bill Dandy to president, effective immediately. Dandy most recently served as chief operating officer for the downtown firm. He assumes the role of president from David Arends, president and CEO, as he transitions to the … Read more

The city of Lakeland’s state funding application for Lakeland Linder Regional Airport for a project that will attract new companies to the city has won support. The city was one of six recipients announced Monday for more than $18 million in funding from the $85 million Florida Job Growth Grant Fund, which was established by Gov. … Read more

The United States and China have held their first face-to-face trade talks since Presidents Donald Trump and Xi Jinping agreed Dec. 1 to postpone further tariff increases in the trade war between the world’s two biggest economies.

Yet another of biotech’s biggest names is moving to Cambridge. Irish pharmaceutical giant Allergan plc announced plans Monday to open a research facility in Kendall Square during the first quarter of 2019. Former AstraZeneca and Pfizer executive and current Allergan Senior Vice President of Research and External Scientific Innovation Don Frail will oversee the site, … Read more

Italy’s populist government has stepped in to help guarantee struggling Banca Carige SpA, bending to pressure despite the ruling 5-Star Movement’s longtime anti-bank bailout rhetoric.

Concerns are growing that Europe’s largest economy may have slipped into a technical recession after Germany’s Economy Ministry reported Tuesday that industrial production dropped for the third consecutive month in November.

The partial government shutdown is starting to affect air travel.

The company bought an office complex in central Phoenix for $16.5 million with plans to redevelop the property.

Global stock markets tracked Wall Street higher Tuesday but investors remained alert for any developments in China-U.S. trade talks in Beijing.

Talks between the U.S. and China on ending their tariff war were ending their second day Tuesday without word on whether they’ve made any progress, as an official newspaper warned not to push Beijing too hard.

One of China’s major cities has reached an environmental milestone: an almost entirely electric-powered taxi fleet.

SoftBank is reportedly pulling back its plans to take a controlling stake in San Francisco-based WeWork Cos. and is slashing its investment to $2 billion, a fraction of its earlier plans, according to a report in the Financial Times. SoftBank was considering a $16 billion WeWork investment toward the end of last year, on top … Read more

The former chairman of Japan’s Nissan Motor Co., Carlos Ghosn, denied any wrongdoing and proclaimed his loyalty to the company at a court hearing in Tokyo on Tuesday.

Davis has taken inventory of what commercially zoned land within city limits isn’t developed, and it’s not much. In a city of about 6,656 acres, 124.22 acres are available for commercial development, or less than 2 percent. The amount of available land will be reviewed by the Davis City Council Tuesday night. Of the land, … Read more

Slashing offices for housing is an easier project to sell to Peninsula communities, the developer says, because it reduces traffic.

The Illinois developer is targeting data centers for Rock City, a 5 million-square-foot underground industrial park, but says there’s no limits to what it can become.

Taxpayers who are owed refunds will be paid on time, despite the government shutdown that has closed many federal agencies, a Trump administration official said Monday as concern mounted over the risk that the payments could be delayed.

AMLI Residential will enter into a long-term ground lease for the property where it’s planning a 17-story tower. Construction is targeted to begin in 2020.

Evoque Data Center Solutions expects to find a new home for the headquarters in North Texas in roughly the next three to six months.

The Atlanta City Council and the city’s Board of Education signed off Monday on a funding agreement finalizing the $5 billion Gulch redevelopment deal council members first approved last fall.

It’s clear the firm has its fair share of competition. But it has kept an eye on Orlando for the past four years

Japan’s SoftBank has radically scaled back plans for fresh investment in WeWork, the shared-office provider, following the recent tech stock rout and concerns among investors in its $100 billion Vision Fund.

Avenue CDC, a nonprofit focused on affordable housing, has unveiled plans to develop a new mixed-use community center just north of downtown. The project is expected to cost $11.3 million, a spokesperson told the Houston Business Journal. It will be funded in part by $2.6 million from the United Arab Emirates’ donation for Hurricane Harvey … Read more

The developer that last year bought the historic Presidents Hotel Apartments in downtown Palo Alto with dreams of turning the property into a boutique hotel has given remaining tenants until Jan. 31 to vacate, Palo Alto Online reports. The letter from Adventurous Journeys Capital Partners to residents arrived three days after the City Council on … Read more

The Meridian Group has acquired the NADA headquarters building and an adjacent development site, adding to its growing Boro District near the Greensboro Metro station in Tysons. The privately held developer paid the National Automobile Dealers Association $33.7 million in late December for 8400 Westpark Drive, a 10-story office building with NADA’s logo prominently featured … Read more

The historic 180 E. Fifth St. office building in St. Paul’s Lowertown neighborhood is now owned New York firm Gamma Real Estate.

Showpad, the Belgium-based sales enablement platform company that acquired a Chicago startup last year, has officially put down roots in Chicago with a brand new office. Showpad originally started its Chicago operations with just one person working at a local WeWork office in 2017. But in December, the tech company moved into a 20,000-square-foot office … Read more