Raleigh, North Carolina

A look at the impact of the partial government shutdown that began on Dec. 22:

President Donald Trump says “big progress” is being made in talks between the U.S. and China to head off further escalation in a yearlong trade war.

America’s retailers, struggling to fill jobs, have been raising pay to try to keep and attract enough employees. Now, some stores want something in return: A more efficient worker.

Cooped up in the White House after canceling a vacation to his private Florida club, President Donald Trump fired Twitter barbs at Democrats on Saturday as talks to end a weeklong partial government shutdown remained at a stalemate.

The end of 2018 seemed to signal good things to come for America’s farmers. Fresh off the passage of the farm bill, which reauthorized agriculture, conservation and safety net programs, the Agriculture Department last week announced a second round of direct payments to growers hardest hit by President Donald Trump’s trade war with China.

A Sacramento building with nearly 90 years of history will go to auction early next month.

The ongoing troubles of Sears has led to another round of store closures that will take place in late March, including two in Durham and three others in North Carolina. The Sears stores at Northgate Mall and at the Streets of Southpoint are shuttering, along with the accompanying Sears Auto Centers at those locations, according … Read more

Urban Bricks is the latest build-your-own pizza chain to enter the Houston market. The San Antonio-based company opened a location at 12161 Westheimer Road, near Phoenicia Specialty Foods, on Dec. 21, according to a press release. The fast-casual restaurant offers dine-in, take-out and drive-thru options. Customers can choose from more than 30 ingredients to build … Read more

An eye-popping office building in the heart of downtown has changed hands.  Developer Michael Tomko said he has purchased the Broad and High office building at 10 N. High St. for $6 million. It’s the building emblazoned with marquees and screens at the northeast corner of Broad and High, across the street from the Statehouse. … Read more

A New York private equity firm has purchased Wildwood Crossings Apartments for $56 million. Wildwood Crossings is a 520-unit Class B garden-style property that had been managed by MDIC Management since its construction in 1998. Senior Managing Director David Oakley, Senior Director David Wilson and Associate Directors Caleb Frizzell and Abe Maddox of Berkadia’s Birmingham office worked on … Read more

A local company has purchased a Montclair Road office building with plans to relocate its headquarters to the property,

Two-way trade between Arizona and Mexico accounts for more than $15 billion annually.

A hedge fund run by Sears Chairman Eddie Lampert said it submitted a last-minute bid Friday to keep the struggling retailer from being liquidated.

U.S. officials and at least one state said Friday that they have started investigations into a nationwide CenturyLink internet outage that has disrupted 911 service.

A retail center near Perimeter Mall in Dunwoody could get redeveloped with a new grocery store.  An affiliate of Branch Properties LLC filed plans in Dunwoody to redevelop 10 acres it owns across Ashford Dunwoody Road from a Walmart Supercenter. The project would add retail and restaurant uses, improve the streetscape and introduce patio seating, … Read more

The buyer wanted to keep artists lofts in the building, but couldn’t get financing for the project.

A large national retailer is taking over a Greater Cincinnati Walmart that has sat vacant for most of the past 12 years. Appliance Factory & Mattress Kingdom signed a lease to locate in the former Tri-County Walmart at 600 Kemper Commons Circle. With the exception of a brief occupancy by Home Emporium, that location has … Read more

The effects of the partial federal government shutdown will become even more pronounced in the new year. Despite hundreds of thousands of federal employees being furloughed or working without pay since Dec. 22, workers will still receive a paycheck between between Dec. 28 and Jan. 3, although it will be smaller than normal, according to … Read more

Gap Inc. plans to close one of its largest New York stores in January. The San Francisco-based clothing retailer (NYSE: GPS) — which also owns Old Navy and Banana Republic — will shut down the three-story store at 680 5th Avenue on Jan. 20, according to Bloomberg. The 5th Avenue store is within close proximity … Read more

The Publix store at Sandy Springs shopping center The Prado will shut its doors tomorrow, Dec. 29., at 10 p.m. “After nine years at The Prado shopping center, Publix has decided to close this location because it has been underperforming for some time,” said Publix spokeswoman Brenda Reid. She said all the associates have been … Read more

The latest new construction office sale in Charlotte closed last week in a deal worth more than $200 million.

The space is set to open in February 2019.

A swath of undeveloped land in Research Triangle Park that Apple had been targeting for a new campus has sold.

Kosovo’s government on Friday extended a 100-percent tax on Serb imports to all international brand goods produced in Serbia and Bosnia-Herzegovina.

Wells Fargo will pay $575 million in a settlement with attorneys general from all 50 states and the District of Columbia that are investigating fake accounts opened without the knowledge of customers and a string of other dodgy practices.

The company is relocating from Beavercreek to one of downtown Dayton’s newest office buildings, Avant-Garde. There it will double its current space and add 65 new employees over the next three years.

Officials expect a formal offer in the next few weeks.

Wilmington Air Park has had its share of ups and downs. The Clinton County site made national headlines in 2008 when German shipping company DHL Express announced it would cut thousands of jobs at the air park, which formerly housed a distribution center. Almost a decade later in February 2017, it suffered another blow when Amazon.com decided to … Read more

The land was for years the proposed site of a convention center until the project was moved several blocks away to a hillside off Eagle Street.

The business and community leaders who died in 2018 included Microsoft co-founder Paul Allen and business and philanthropic leader Ginger Ackerley, as well as a former governor and a former CEO of Starbucks.

Dallas-based pizzeria Cane Rosso will close one of its two Houston locations before the end of 2018.  The last day of service for Cane Rosso’s Montrose restaurant, at 4306 Yoakum Blvd., will be Dec. 30, according to a Facebook post. However, the Heights location, at 1835 N. Shepherd Drive, will remain open. The company plans … Read more

Competition with new construction and shrinking tenants are partially to blame.

Greetings & Readings will close its 30,000-square-foot book and gift store located north of Baltimore on Jan. 20 after 49 years in business. Members of the family-owned business in Hunt Valley Towne Centre told the 80-member workforce Thursday that the independent book and gift store would shutter after sales had slumped 15 percent this year. … Read more

A new film company led by the former president of Tyler Perry Studios purchased the Atlanta film mogul’s former 57-acre complex in southwest Atlanta for $12 million. Areu Bros. in a news release said the company finalized purchase earlier this month of Tyler Perry’s former studio complex — a 205,751 square-foot studio located at 2769 Continental Colony Parkway … Read more

A significant increase in the number of permits issued for residential construction in the Twin Cities metro area in December made up somewhat for an otherwise dismal year in homebuilding.

Arlington County is testing out a solution to an increasingly pressing challenge: How to fold in the growing number of dockless scooters and bikes into the urban landscape. One possible answer? So-called “corrals” of painted areas with scooter and bike symbols within which people can park their dockless vehicles without blocking business entrances, ramps or … Read more

A Memphis-based public company is continuing to execute on its long-term strategy with a recent property acquisition in New York.   Jernigan Capital Inc., which provides financing for self-storage developments across the United States, announced Dec. 26 it had “acquired the membership interest of its developer partner” in a newly completed self-storage development on Long Island. … Read more

The Trump administration has targeted an Obama-era regulation credited with helping dramatically reduce toxic mercury pollution from coal-fired power plants, saying the benefits to human health and the environment may not be worth the cost of the regulation.

Wall Street capped a week of volatile trading Friday with an uneven finish and the market’s first weekly gain since November.

From a headquarters downsizing to a brownfield rising, a lot happened in commercial real estate last year.

The first day of 2019 will be a bittersweet one for Herndon, as one of its longstanding businesses, the Ice House Café, closes its doors. Less than 10 days later, virtually all of its wares will have been sold by Rasmus Auctions. The upside: Here’s your chance to own a walrus head. Or a moose … Read more

It could be the first building on the 170-acre mixed-use development.

Arlington County is testing out a solution to an increasingly pressing challenge: How to fold in the growing number of dockless scooters and bikes into the urban landscape. One possible answer? So-called “corrals” of painted areas with scooter and bike symbols within which people can park their dockless vehicles without blocking business entrances, ramps or … Read more

Shotti’s Point, a South Baltimore bar and restaurant known for its Ocean City vibes, will open a second location at the beach next year. The business announced on Facebook that it will be adding a boardwalk location in the spring. The new spot will be on the boards between 6th and 7th streets, according to … Read more

At least initially, the vast majority of the ferry’s seats will be reserved for employees of the funding businesses, and not the general public.

After receiving some resistance from neighbors, plans for a new 472-bedroom apartment complex in the University District are moving forward.

Fewer Americans signed contracts to buy homes in November as higher mortgage rates and prices continued to squeeze would-be buyers out of the market.

After sitting mostly empty for over a year, the former headquarters of the area’s largest private company has been sold. Dairy Farmers of America Inc. first announced it would be moving its global headquarters and more than 300 jobs from the Northland area of Kansas City, Mo., to Kansas City, Kan. in 2015. The milk … Read more

Loch Bar, a restaurant by Baltimore-based hospitality company Atlas Restaurant Group, is now open at Boca Raton’s Mizner Park. The eatery at 346 Plaza Real is the second iteration of the Harbor East restaurant, which will soon have a third location in Houston. The concept broke ground June 8 and opened Nov. 20. It seats … Read more

The landscape in Baltimore’s suburbs changed dramatically this year, starting with leadership. Anne Arundel, Baltimore and Howard Counties all elected new county executives in the midst of pressing development issues. Their upcoming freshman year in office is expected to determine a lot about the future course of growth in their respective jurisdictions. In Anne Arundel, … Read more