Raleigh, North Carolina

Rung Ltd. plans to transform a vacant Fox Park warehouse into its new home after a $20 million redevelopment.

Lindsay Winter, 30, last year was named executive director of NAIOP Central Florida Chapter Inc., the association that brings together real estate developers, owners and investors in the local market.

The Metropolitan Council has paid $27.5 million for about eight miles of rail line in St. Louis Park that will become a pathway for the Southwest Light Rail. The sale closed Dec. 11, according to a certificate of real estate value made public Thursday. Soo Line Railroad is the seller. The $2 billion, 14.5-mile Southwest … Read more

The value of the asset increased 45 percent since the last time it traded, which was just after the co-working company moved into part of the building. Now it occupies all of it and it recently opened another WeWork next door.

JPMorgan Chase & Co. CEO Jamie Dimon was in Boston last week to celebrate the opening of the megabank’s first retail branch in Massachusetts. While there, he was asked to identify markets Chase was targeting following moves earlier this year into Washington, D.C., Philadelphia and Boston. “Get a list of the top 50 — 75 … Read more

An affiliate of Saul Centers Inc. is advancing plans for a 25-story residential-over-retail building on a prominent corner in Bethesda. Saul has submitted a series of initial drawings and documents outlining plans for its Metro Tower project located on land along the west side of Wisconsin Avenue in the Bethesda Central Business District and just … Read more

Meritex, a family-owned real estate and investment company, has completed the construction of two distribution centers in Roseville that total 288,000 square feet.

The city of Alexandria hopes to consolidate a pair of agencies into a Mark Center office building the Institute for Defense Analyses plans to vacate for a new headquarters at Potomac Yard. The city council voted earlier this month to authorize the city manager to negotiate a 15.5-year, roughly 230,000-square-foot lease for the IDA’s current … Read more

Another hotel appears ready to go up near Ikea Memphis.

JPMorgan Chase & Co. CEO Jamie Dimon was in Boston last week to celebrate the opening of the megabank’s first retail branch in Massachusetts. While there, he was asked to identify markets Chase was targeting following moves earlier this year into Washington, D.C., Philadelphia and Boston. “Get a list of the top 50 — 75 … Read more

Nine vehicles that were set ablaze in the Mount Vernon business district early Friday have left the community’s leaders in a state of shock. Baltimore Police Commissioner Gary Tuggle said police were investigating the arsons of seven vehicles that were torched directly and two others that caught fire as a result in the Midtown community … Read more

An affiliate of Saul Centers Inc. is advancing plans for a 25-story residential-over-retail building on a prominent corner in Bethesda. Saul has submitted a series of initial drawings and documents outlining plans for its Metro Tower project located on land along the west side of Wisconsin Avenue in the Bethesda Central Business District and just … Read more

Baltimore’s coolest offices have sweeping city views, ergonomic furniture, modern designs and locally made artwork. But what stands out the most are the unique touches and stories that make it more than just a place where people go to work everyday. For some, that means regular happy hours at the in-office kegerator. For others, it’s … Read more

A 324-unit mostly affordable rental project on Maui wrapped up its entitlement phase last week and is moving forward with design work, with construction starting as early as a year from now. The $98 million project planned for a 14.4-acre site in Wailuku received approval from the Hawaii Housing Finance Development Corp. to build under … Read more

The suburban campus is in need of 300,000 square feet of additional space, officials say.

The space long home to Canton’s Firehouse Coffee Co. is getting a new life. Akuma, a Japanese fusion restaurant, is planning to open in the O’Donnell Square building that was once a real firehouse, complete with fire pole. The bring-your-own-bottle restaurant plans to open in the summer, said leasing agent Michael Kociemba, of MFI Realty. … Read more

Developers gain prime properties as houses of worship secure vital funds.

The country’s sixth-largest hotel owner and operator has acquired a property near Baltimore/Washington International Thurgood Marshall Airport. MCR, which has offices in New York and Dallas, recently purchased the 147-room Homewood Suites by Hilton Baltimore-BWI Airport at 1181 Winterson Road in Linthicum Heights. The price was not disclosed. The seller was BRE Newton Hotels Property … Read more

A developer identified as SunKar, LLC talked to the Edison Club about a 60-bed senior care facility after learning about plans to build more than 200 homes and a new clubhouse

Amazon announced it will build its first Mississippi fulfillment center in Marshall County, continuing its build-out of its distribution network. The e-commerce giant announced that it will bring 850 jobs to the northern Mississippi county, which is just across the border from Fayette County and close to crucial infrastructure such as I-269 and hubs such … Read more

Many of the largest office projects in the Triangle in the past year have had one thing in common: a co-working provider as a tenant.

Amherst IDA approves tax breaks for the project.

It’s being used to build the Shell Chemicals petrochemical plant in Potter Township.

Kansas City Council members put off until January consideration of incentives for two projects — a 25-story office tower at 13th and Main streets and a transit-oriented development in the River Market. Although ordinances empowering City Manager Troy Schulte to start negotiating development agreements for both projects advanced out of committee, members expressed doubt that … Read more

Centurion American Development Group has purchased Plano’s Collin Creek Mall and plans to turn the shopping center into a $1 billion mixed use project, according to the Dallas Morning News. Mehrdad Moayedi, Centurion’s president told the Dallas Business Journal in August that his firm had most of the mall under contract and was in negotiations … Read more

Despite missing out on expansions from Apple and Amazon, the Triangle’s growing stature has translated into an active office market in which rents and the volume of office building sales are reaching new heights.

The Portland architecture firm that conjured up the conceptual images for a proposed waterfront ballpark in the Rose City also designed an expanded and renovated theater building for Southern Oregon University in Ashland. TVA Architects was the firm behind SOU’s $12.75 million project, which included the expanded theater building and a larger space for Jefferson … Read more

A video of a man brutally stomping the head of a man lying on the sidewalk in San Francisco’s Mid-Market neighborhood surfaced on Twitter Tuesday, when startup CEO Geoffrey Woo posted footage captured by one of his employees. Woo, who runs nutrition and supplements startup HVMN, wrote that the incident took place right outside the … Read more

This year’s top 20 deals are dominated by apartment complexes.

Five real estate stories that helped define 2018.

Indonesia finalized the transfer of majority control over a giant gold and copper mine from U.S. company Freeport-McMoRan, the government said Friday, in a long-awaited deal that boosts the president’s re-election campaign.

After almost 10 years, Wall Street’s rally looks like it’s ending.

Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth.

Every relationship has a breaking point. Even yours with Facebook.

A Wichita firm completed its purchase of all five Wilson Estates Office Park buildings this week.

Clayton-based Green Street has closed on a $25.5 million bridge loan for its 55-acre St. Louis Business Center industrial park in north St. Louis.

Welltower has invested big in North Hills and Cary and has now entered the Chapel Hill market with an medical office portfolio acquisition.

A San Jose aviation committee is trying to balance the business needs of downtown development with the requirements of an airport that serves business needs for long-distance flights.

Information was obtained from ComplianceTech’s LendingPatterns.com and could not be independently verified by Albuquerque Business First. Data included lenders activity in New Mexico for all originated loans for owner occupied, new purchased homes.

The president and CEO of the Arizona Chapter of NAIOP sees continued growth in the commercial real estate sector, all while developers are eyeing a potential economic slowdown.

Houston’s oldest enclosed mall has a new owner. Houston-based commercial real estate firm Baker Katz bought PlazAmericas Mall, formerly known as Sharpstown Mall and Sharpstown Center, from Philadelphia-based RAIT Financial Trust (OTCQB: RASF), according to a Dec. 20 press release. Baker Katz Management will oversee the mall’s existing property management team, who will remain in … Read more

Hanging on the wall in David Bugatto’s office is an aerial shot of North Natomas from more than two decades ago, showing Sleep Train Arena surrounded by sprawling acres of barren land, crisscrossed with empty roads —some of which are only half-built. The image is the inverse of North Natomas today.

A new hotel will soon open in the Dayton area.

Nissan Motor Co. former chairman Carlos Ghosn, charged with financial improprieties and detained in Tokyo for more than a month, has also been accused of a breach of trust that caused a multimillion-dollar financial loss for Nissan.

The real estate investment program aims to incentivize private investments in economically distressed communities by offering significant tax deferral opportunities to investors.

The developer has four projects in the pipeline.

This week’s real estate news.

Stapleton’s 80238 may be the metro’s wealthiest, but it borders three ZIP codes that are among the metro’s poorest.

Barrett Lo Visionary Development, the firm behind the Couture high-rise, is bringing national apartment management giant Lincoln Property Co. to Milwaukee to oversee its properties and eventually expand.

If JPMorgan Chase & Co. is serious about expanding to new markets, the Twin Cities could be in the bank’s crosshairs. CEO Jamie Dimon was in Boston last week to celebrate the opening of the megabank’s first retail branch in Massachusetts. While there, he was asked to identify markets Chase was targeting following moves earlier … Read more