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Special panel to help reopen Massachusetts restaurants, hotels, tourist sites
News 4 days ago
Special panel to help reopen Massachusetts restaurants, hotels, tourist sites

A working group of business leaders and public officials has now met twice to help the Baker administration create a plan for how to safely open...

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Missouri company closes on Wichita apartment building. Does this mean the multifamily market is still hot?
News 5 days ago
Missouri company closes on Wichita apartment building. Does this mean the multifamily market is still hot?

In 2019, multifamily properties in Wichita recorded the lowest vacancy rate the market has seen in the last 11 years. This account isn't linked to...

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Data center technology firm leases Valley space after acquiring Chandler company
News 5 days ago
Data center technology firm leases Valley space after acquiring Chandler company

In addition, the Chandler company will relocate into the same Scottsdale office complex as the data center tech firm. This account isn't linked to...

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California firm buys Broomfield apartments for $90M, its 2nd Denver-area purchase in less than a month
News 5 days ago
California firm buys Broomfield apartments for $90M, its 2nd Denver-area purchase in less than a month

A California-based firm appears to be making inroads in the Denver market, picking up two apartment properties in Broomfield in a roughly two-week...

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JE Dunn solidifies move to Wichita market with new Old Town office space
News 5 days ago
JE Dunn solidifies move to Wichita market with new Old Town office space

The company moves into its new Wichita office on June 1. This account isn't linked to a paid Wichita Business Journal subscription. Filled with ...

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A new name graces this Downtown Louisville office tower
News 5 days ago
A new name graces this Downtown Louisville office tower

The new sign comes after an acquisition last year. The change started in mid-March and expected to be finished in a few weeks. This account isn't...

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Baker says municipalities can set office occupancy caps lower than 25%
News 5 days ago
Baker says municipalities can set office occupancy caps lower than 25%

Gov. Charlie Baker said today that municipalities are free to set limits on how many workers can return to offices as of June 1 that are lower than...

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Commercial real estate Sentiment Index drops to all-time low
News 5 days ago
Commercial real estate Sentiment Index drops to all-time low

Last fall commercial real estate developers were bullish as shown by industry trade group NAIOP's CRE Sentiment Index, which stood at 57. Six...

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LCRA strikes funding deal for $70.5M Platform Ventures office tower
News 5 days ago
LCRA strikes funding deal for $70.5M Platform Ventures office tower

The Fairway-based developer's office and garage project is one piece of its expansive mixed-use proposal for the block just east of Barney Allis...

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Strapping Store, other tenants backfill Zanzibar space
News 5 days ago
Strapping Store, other tenants backfill Zanzibar space

The former home of import store Zanzibar in Midtown Sacramento has three new tenants, including one with a similarly unusual inventory. This...

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Pittsburgh Mayor Bill Peduto urges URA board to vote in favor of Penguins' development plan for new FNB Financial Center in Lower Hill
News 5 days ago
Pittsburgh Mayor Bill Peduto urges URA board to vote in favor of Penguins' development plan for new FNB Financial Center in Lower Hill

The new office tower is slated to become the new headquarters of F. N.B. Corp. Peduto issues highly detailed public statement on why the URA board...

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Starbucks wants rent relief. Baltimore landlords are laughing.
News 5 days ago
Starbucks wants rent relief. Baltimore landlords are laughing.

Some Baltimore retail landlords are getting a java jolt from a request by Starbucks for rent relief because of the pandemic's impact on its sales....

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$30 million health care facility breaks ground in Greater Cincinnati
News 5 days ago
$30 million health care facility breaks ground in Greater Cincinnati

An Indianapolis-based health care real estate development company has started construction on a more than $30 million facility in Warren County....

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We Energies clearing water to address steam outage still affecting some downtown buildings
News 5 days ago
We Energies clearing water to address steam outage still affecting some downtown buildings

The 185 buildings affected by We Energies' steam outage remain without service, the utility company said Tuesday evening. The heavy rains that fell...

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Louisville hotels continued revenue free fall in April
News 5 days ago
Louisville hotels continued revenue free fall in April

This account isn't linked to a paid Louisville Business First subscription. Filled with "must read" stories, industry news and reporter insights,...

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L'Enfant Plaza hotel faces mounting debts a year after reopening
News 5 days ago
L'Enfant Plaza hotel faces mounting debts a year after reopening

A pair of contractors are seeking more than $14 million for renovations to the former L'Enfant Plaza Hotel, which reopened in spring 2019 as the...

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Atlas Technical replaces CFO, navigates coronavirus slowdown
News 5 days ago
Atlas Technical replaces CFO, navigates coronavirus slowdown

David Quinn has been promoted to chief financial officer of Atlas Technical Consultants Inc., an Austin-based engineering and testing company that...

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Six Maryland counties, Baltimore tell Larry Hogan they lack resources to safely reopen
News 5 days ago
Six Maryland counties, Baltimore tell Larry Hogan they lack resources to safely reopen

Executives from six Maryland counties - including Prince George's and Montgomery - as well as Baltimore Mayor Jack Young sent a letter Tuesday to...

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3.6 million-square-foot industrial park proposed outside Savannah
News 5 days ago
3.6 million-square-foot industrial park proposed outside Savannah

The project would have an estimated value of $220 million when completed, according to a filing with the state of Georgia. This account isn't...

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CBRE revises its national economic outlook — what that could mean for Louisville
News 5 days ago
CBRE revises its national economic outlook — what that could mean for Louisville

The real estate giant said it could take a few years for some sectors to return to pre-crisis levels. This account isn't linked to a paid...

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McMenamins seeks outside investors for debt, projects
News 5 days ago
McMenamins seeks outside investors for debt, projects

McMenamins plans to raise $20 million from investors for new hotel and restaurant projects and pay off Covid-related debt. The Oregon-based food...

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World's largest green hydrogen project coming to Lancaster
News 5 days ago
World's largest green hydrogen project coming to Lancaster

SGH2 CEO Dr. Robert Do on how the deal came about, why the company chose Lancaster for its hydrogen plant and how the coronavirus crisis has...

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McMenamins seeking $20M from investors for debt, projects
News 5 days ago
McMenamins seeking $20M from investors for debt, projects

McMenamins plans to raise $20 million from investors for new hotel and restaurant projects and pay off Covid-related debt. The Oregon-based food...

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Coronavirus poses new math for Seattle restaurants that borrowed, invested big before the pandemic
News 5 days ago
Coronavirus poses new math for Seattle restaurants that borrowed, invested big before the pandemic

Coronavirus will test whether the assumptions of old - that restaurant renovations and updated amenities will turn enough tables to justify those...

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Mecklenburg County seeing 'large number' of Covid-19 cases on construction sites
News 5 days ago
Mecklenburg County seeing 'large number' of Covid-19 cases on construction sites

Mecklenburg County is seeing an increase in confirmed Covid-19 cases at local construction sites but the county isn't disclosing specifics. Gibbie...

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How the Golden State Warriors, Uber and Alexandria Real Estate pulled millions out of Chase Center complex as Covid crisis unfolded
News 5 days ago
How the Golden State Warriors, Uber and Alexandria Real Estate pulled millions out of Chase Center complex as Covid crisis unfolded

In the weeks before Covid-19 shuttered Chase Center, the Golden State Warriors and partners Uber Technologies Inc. and Alexandria Real Estate...

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Gov. Wolf announces real estate industry can resume limited activities
News 6 days ago
Gov. Wolf announces real estate industry can resume limited activities

Wolf's announcement starts today statewide, regardless if a county is in the red or yellow phase of the emergency protocol. This account isn't...

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New data: 19 coronavirus clusters tied to construction in Austin
News 6 days ago
New data: 19 coronavirus clusters tied to construction in Austin

This is the clearest picture yet of which industries have been hit hardest by Covid-19 in Austin. And there may be a "disincentive" for...

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From emerging opportunities to cap rates, here's how retail CRE investing could change in Birmingham after Covid-19
News 6 days ago
From emerging opportunities to cap rates, here's how retail CRE investing could change in Birmingham after Covid-19

What does coronavirus mean for investors in retail real estate? This account isn't linked to a paid Birmingham Business Journal subscription....

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Developer will take over running Sun Fresh at Blue Parkway center
News 6 days ago
Developer will take over running Sun Fresh at Blue Parkway center

Community Builders of Kansas City will assume operations for the Sun Fresh Market within its Blue Parkway campus late next month. This account isn...

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