WeWork is opening its ninth Chicago location

WeWork is bringing another co-working location to Chicago as it continues to quickly grow across the city and throughout the U.S. WeWork announced Tuesday that it’s opening a new space at 222 S. Riverside Plaza next to Union Station in the West Loop. The latest office is WeWork’s ninth Chicago location and comes on the heels … Read more

CBRE secures $45 million loan to develop The Ashby

CBRE announced it secured a about $45 million loan to develop The Ashby at South Hills Village Station, a new 300-unit apartment development near Upper St. Clair in Pittsburgh, according to a news release. “SunCap completed construction of The Ashby in July of 2018 and the community was over 80 percent leased at refinance,” said … Read more

200+ apartments planned for Dickerson Pike project

Franklin-based Bristol Development Group is moving forward with a two-building apartment project on Dickerson Pike. Nashville Post reports that the project, planned for the former home of Charlie Bob’s Restaurant, will include 205 units.  Bristol will seek a rezoning for the 4.5-acre property next month. The four parcels have addresses of 1330 and 1336 Dickerson … Read more

Law firm to move Houston office to Capitol Tower

Skanska has signed another tenant for its new skyscraper underway in downtown Houston. Winston & Strawn LLP signed a 15-year lease for about 62,430 square feet in Capitol Tower, at 800 Capitol St., according to a Dec. 19 press release. The Chicago-based law firm currently has its Houston office at 1111 Louisiana St. and plans … Read more

Indeed inks lease for 10 floors of new 2+U tower in Seattle

The job-search engine company is the first tenant for a 38-story tower that’s scheduled to be completed in about a year. This comes on the heels of Indeed signing two major leases in its hometown of Austin, where it plans to add 3,000 employees in the coming years. They’ll go into new office towers downtown … Read more

Report: Triad city moves closer to downtown parking deck

Greensboro has moved one step closer to getting a new parking deck in downtown Greensboro. According to a report in the Greensboro News & Record, the Greensboro City Council has hired Samet Corp./SRS Inc. as the construction manager at risk for the new parking deck on Eugene and Bellemeade streets. The deck will be near First … Read more

Another Solis-branded multifamily community trades for $44.2M

Another multifamily property developed by Charlotte firm Terwilliger Pappas is under new ownership. What was formerly called Solis Ballantyne, and has since been renamed at The Flats at Ballatyne, sold for $44.2 million to Baltimore-based Continental Realty Corp., according to Terwilliger Pappas. The development firm delivered the property in partnership with real estate investment company … Read more

Local developers team up to build 1.2M square feet of office space in Fort Worth

Dallas developer KDC has formed a joint venture with Fine Line Diversified Development to construct Class A office space on 60 acres in a high-profile Fort Worth development. Per a news release, KDC and Fort Worth’s Fine Line, a division of Bass Companies, are planning the space at Champions Circle, a 500-acre mixed-use development anchored … Read more

MSO's Warner Grand Theatre renovation reveals long-hidden features: Slideshow

Contractors are uncovering more original layers of the historic Warner Grand Theatre as they restore the building for the Milwaukee Symphony Orchestra. The theater had been vacant for years when it was donated to the MSO by the Marcus family. Before that, it was most recently used as a Marcus movie theater. Much of the … Read more

100 days to Brexit: EU, UK act to cushion no-deal chaos

The European Union marked 100 days until Brexit on Wednesday by triggering an action plan to ensure planes can still fly and money can still flow between Britain and the bloc in the increasingly likely event that the U.K. leaves the EU without a divorce deal.

Facebook purges more Myanmar accounts for misrepresentation

Facebook has announced its third and biggest purge of military-linked accounts in Myanmar, where critics have charged that the social network did too little to block inflammatory material that fueled communal hatred and violence, particularly against the country’s Muslim Rohingya minority.

Texas' Fort Knox? Dirt turns for state's first bullion depository

Construction started last week on the first precious metals depository in the country that will be administered by a state. Austin-based general contractor MHT Constructors LLC broke ground Dec. 12 on the 40,000-square-foot Texas Bullion Depository in Leander. The depository will be operated by Lone Star Tangible Assets. Construction is expected to wrap in late … Read more

Upstream energy co. inks lease in former CB&I HQ in The Woodlands

The Howard Hughes Corp. (NYSE: HHC) has found a tenant for the former CB&I headquarters that it acquired earlier this year. Arena Energy signed an 87,231-square-foot lease in Building 1 of the campus, now called Lake Front North, according to a Howard Hughes Corp. press release. The oil and gas producer, which focuses on lower-risk … Read more

Chemonics, EAB Global score tax breaks from D.C. Council

The D.C. Council on Tuesday approved a $5.2 million property tax break for Chemonics, handing a victory to the for-profit international aid company that plans to consolidate its headquarters in a new office building at The Yards. The Local Jobs and Tax Incentive Amendment Act of 2018, approved 10-3, also gives EAB Global Inc., a … Read more

D.C. Council approves bill to unmask individuals behind all LLCs

The D.C. Council unanimously approved a bill that requires major disclosures from individuals with ownership interests in any limited liability corporation in the District, a move expected to create sweeping implications for the business community. The bill requires any individual with at least a 10 percent interest or authority to make financial or day-to-day decisions … Read more

Exclusive: Bay Area tech tenants doubled real estate footprint in the last decade

In less than a decade, the tech industry doubled its real estate footprint in the Bay Area growing to 200 million square feet of office and research and development space, according to a report from brokerage firm CBRE. That means the industry occupies 42 percent of the region’s total office and R&D space. The Bay … Read more

NFTA seeks proposals for historic DL&W Terminal

The Niagara Frontier Transportation Authority has taken the first step toward the oft-discussed redevelopment of the historic DL&W Terminal, the Buffalo River landmark that could serve as a bridge linking Canalside with the city’s Cobblestone District. The NFTA late Tuesday issued requests for proposals to the development community, with bids due back by Feb. 19. … Read more