Looking back at Bham CRE in 2018
The pace of real estate development and commercial construction stayed strong last year.
The pace of real estate development and commercial construction stayed strong last year.
Big Red Dog Inc., one of the largest engineering firms based in Austin, has been purchased by Wantman Group Inc., a real estate consulting firm based in Florida that goes by WGI. With 2017 engineering billings of more than $9 million, Big Red Dog ranked as one of the three largest local engineering firms at … Read more
Total investment in commercial real estate in the Seattle area increased 50 percent in 2018, according to commercial real estate services company JLL.
The operation has about 175 employees.
PM Realty Group’s Hawaii office has rebranded as Madison Marquette Real Estate Services with the start of this year. The Texas-based commercial real estate company completed its merger with Washington, D.C.-based Madison Marquette in June. Terms were not disclosed. The two companies announced in late September that the combined company would be called Madison Marquette … Read more
West Palm Beach, Florida-based consulting firm Wantman Group Inc. acquired Austin-based engineering firm Big Red Dog Inc., which also has offices in Houston, Sugar Land, Dallas and San Antonio. “We were first introduced to the [Big Red Dog] team several years ago, carefully watching the growth and development of a hot firm in hot markets,” … Read more
In December, three residential projects and two industrial projects were announced in Denver.
The companies have merged to create RLB | Robinson.
Hungry pandas don’t particularly care whether there’s a partial government shutdown.
Netflix said 45 million subscriber accounts worldwide watched the Sandra Bullock thriller “Bird Box” during its first seven days on the service, the biggest first-week success of any movie made for the company’s nearly 12-year-old streaming service.
The education technology company Blackboard is moving its corporate headquarters from the District to Reston in 2019, fewer than four years after striking a deal to remain in D.C. thanks to incentives from the city. The once high-flying company, now suffering from increased competition and flat revenue, made the announcement Wednesday afternoon. Blackboard will move … Read more
West Palm Beach, Florida-based consulting firm Wantman Group Inc. acquired Austin-based engineering firm Big Red Dog Inc., which has offices in San Antonio, Dallas, Houston and Sugar Land. “We were first introduced to the [Big Red Dog] team several years ago, carefully watching the growth and development of a hot firm in hot markets. Combining … Read more
A fast-casual Mexican concept is joining the redeveloped Shops at Kenilworth in Towson. Felipe’s Mexican Taqueria Restaurant is expected to open in 3,500 square feet of a newly constructed freestanding building set to debut in early 2020. Construction is scheduled to begin in the spring. The Baltimore Business Journal reported last month that developer Greenberg … Read more
The building currently has a handful of tenants and a vacancy rate of just 13 percent.
A historic downtown property is officially off the market. The 35-story residential and office building at 909 Walnut St. was bought by Worcester Investments for an undisclosed amount in a deal brokered by Institutional Property Advisors. Included in the deal, which closed on Dec. 21, was an attached eight-story parking garage and 929 Walnut … Read more
Froedtert & the Medical College of Wisconsin closed its downtown Waukesha clinic and will open a new location on the city’s southwest side.
The areas include specific plans for East Elk Grove and East Franklin as well as three special planning districts, such as Old Town Elk Grove.
A vote on the privately funded plan to renovate Memorial Park Golf Course — and thus bring the Houston Open back into city limits — has been delayed. Houston City Council voted on Jan. 2 to remove the proposed ordinance for separate consideration. The ordinance would allow for the $13.5 million golf course redevelopment, which … Read more
Moderne sold its building and is relocating to a new space in Port Richmond.
Ryan Cos. has two Big Hairy Audacious Goals in 2019: redeveloping the Ford site and building the state’s tallest residential tower.
A local developer trailed by a litany of lawsuits is planning to build a 456-unit apartment community in Atlantic Beach. Plans for the project, Fiddler’s Reef, were submitted to the St. Johns River Water Management District on on Dec. 21. The documents list Ocean Reef Atlantic Beach LLC, a company of which Jeffrey Klotz is … Read more
The 105,000-square-foot building, a former Target retail store, has been vacant since January 2016.
The corporate legal giant Orrick Herrington & Sutcliffe LLP is opening a Boston office by hiring away a trio of Ropes & Gray LLP partners specializing in data breaches and cybersecurity, including star litigator Doug Meal. Joining Meal at Orrick are partners Heather Egan Sussman — the co-leader of Ropes’ privacy practice group alongside Meal … Read more
Amazon.com Inc. will lean more on Whole Foods Market Inc. in the coming years as it tries to put more customers within range of the internet giant’s two-hour delivery service. That’s according to a Dec. 31 article from The Wall Street Journal, which reports Amazon (NASDAQ: AMZN) will go from cost-cutting mode for Austin, Texas-based … Read more
Construction on the $12 million project is expected to begin in the second quarter and wrap up in mid-2021.
With an increased access to capital, a Memphis-based public company has hit another “major milestone.” Jernigan Capital Inc. (JCAP) — a real estate investment trust that provides financing for self-storage developments across the U.S. and has a goal to eventually own those developments — announced Wednesday, Dec. 28, it had entered into an amended and … Read more
A new restaurant and bar concept is headed to Lake Wylie. Papa Doc’s Shore Club will replace T-Bones on the Lake — a fixture in that community for 24 years. Charlotte’s Bottle Cap Group is behind the Papa Doc’s concept. It announced plans in November to purchase that lakefront location at 3990 Charlotte Highway. That … Read more
Tech company renews lease in Norwood office building
Matt Moroney, a longtime member of Gov. Scott Walker’s administration who most recently worked on the Foxconn Technology Group project, on Dec. 31 started a new job with Milwaukee developer Wangard Partners Inc.
A hotel group has closed on land in uptown Charlotte where it will build the city’s first JW Marriott. Marlotte Hotel LLC, affiliated with Indiana-based White Lodging, paid $6.3 million for a portion of the block where Ally Charlotte Center is under construction. White Lodging is building a 21-story, 381-room JW Marriott hotel at the … Read more
The Latest on a partial government shutdown over money for President Donald Trump’s border wall (all times local):
It’s a sign of the times: The Nashville Business Journal’s Crane Watch map was so overrun with projects that it was too cluttered, too tough to tell what was actually going on. So we’ve revamped our interactive map, which we started in 2015. It has a new look, and it boasts a key new feature … Read more
Cook Medical says it completed its agreement with Whitaker Park Development Authority Inc. last week to buy a vacant R.J. Reynolds building in the redeveloped Winston-Salem business park. The company will convert the 850,000-square-foot former cigarette manufacturing facility into a “world-class” medical device manufacturing facility this year, the company said. Cook expects to add as … Read more
Assessors determine the values of residential and commercial properties and can grant exemptions based on a variety of factors. Those exemptions, in turn, save taxpayers money.
The private equity firm said it has a multi-million dollar capital improvement plan in the works for the 8-story building.
A planning, urban design, landscape architecture and entertainment design firm is moving its local office to Over-the-Rhine.
CBRE New England, the region’s largest real estate brokerage, will have a new member of its leadership team effective Jan. 1. Jodie Poirier, who previously led a CBRE office in the South Bay area of Los Angeles, will be managing director in Boston, joining Andy Hoar, Kevin Doyle and Steve Purpura. Her appointment follows CBRE … Read more
An active buyer has made what’s expected to be the first institutional investment at the Alta Vista Business Park in what’s been a flurry of activity at the Washington County park. Real Estate records indicate that the developer group of a manufacturing facility for publicly traded Gardner Denver Holdings Inc. in the Alta Vista Business … Read more
Duke City Management LLC, an Albuquerque-based commercial real estate property management company has purchased Gemini Rosemont’s Albuquerque property management operations. The sale closed Dec. 31, according to Joe Farr, owner and operator of Duke City Management. Santa Fe-based Gemini Rosemont confirmed the sale. The sale price was not disclosed. Farr served as senior vice president … Read more
“It will certainly be a luxury community, but it will be predominantly a mid-rise [building],” says lead developer.
Small business issues often win bipartisan support on Capitol Hill, but given the divisions in the incoming 116th Congress, advocates for companies have low expectations.
The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness.
Think you’ve got a long commute? You’re not alone. A 2017 Census Bureau survey found that Americans average nearly 27 minutes on a one-way trip to the office. An earlier census study revealed that 61 percent of us spend at least one hour driving to the office. What to do when you need a car … Read more
Dominion Energy announced the completion of its merger on Wednesday with a South Carolina utility drowning in debt after the failure of a nuclear construction project.
The roller-coaster ride on Wall Street resumed on Wednesday, the first trading day of the new year, as stocks plunged early on, then slowly recovered and finished with a slight gain.
The USL soccer club’s president and chairman sat down to talk about a busy 2018 and look ahead to 2019.
The company bought more than 260,000 square feet of San Antonio office space in 2018.
After five years in Harbor East, Haute Blow Dry Bar is packing up the round brushes and hair dryers. The salon, which offers professional blow-drying services rather than hair cuts and coloring, will close up its 700-square-foot shop at 664 S. Exeter St. in Harbor East and consolidate business in its Towson location, according to … Read more
Omega Healthcare Investors Inc. is expanding its portfolio of nursing and senior homes with the $600 million acquisition of a Tennessee real estate investment trust. Hunt Valley-based Omega plans to buy MedEquities Realty Trust Inc. in a cash-and-stock deal expected to close in the first half of the year. MedEquities stockholders are slated to receive … Read more
The USL soccer club’s president and chairman sat down to talk about a busy 2018 and look ahead to 2019.