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Honolulu sees increase in construction cranes, COVID could have mixed effect on industry
News 11 hours ago
Honolulu sees increase in construction cranes, COVID could have mixed effect on industry

Honolulu was one of five cities in the United States to see an increase in construction cranes during the first quarter, thanks to high-rise mixed...

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Portland interior construction firm Eteriors says VR can help fill need for medical space
News 18 hours ago
Portland interior construction firm Eteriors says VR can help fill need for medical space

Still, the company hasn't secured any contracts for the idea yet. This account isn't linked to a paid Portland Business Journal subscription....

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Manhattan office leasing down significantly amid coronavirus pandemic
News 18 hours ago
Manhattan office leasing down significantly amid coronavirus pandemic

The Manhattan office market had its lowest quarter of leasing volume since mid-2013 in the first quarter of this year, a Colliers report says, at a...

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City Foundry to delay opening amid COVID-19
News 18 hours ago
City Foundry to delay opening amid COVID-19

The long-awaiting opening of the City Foundry will be delayed due to the COVID-19 crisis, its owner and developer said. But while the Midtown...

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Tampa developer sues Kroger over abandoned Lucky's Market in Clearwater
News 18 hours ago
Tampa developer sues Kroger over abandoned Lucky's Market in Clearwater

Construction on an old Albertsons box stopped abruptly in December, according to the developer. This account isn't linked to a paid Tampa Bay...

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Fort Lauderdale city attorney says to halt indoor construction due to COVID-19
News 18 hours ago
Fort Lauderdale city attorney says to halt indoor construction due to COVID-19

The city of Fort Lauderdale will move to stop indoor construction projects in non-essential buildings to prevent the spread of the novel...

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Baltimore developer David Tufaro works to keep commercial, residential tenants
News 20 hours ago
Baltimore developer David Tufaro works to keep commercial, residential tenants

Cosima in Mill No. 1 shifted to carryout last month as the novel coronavirus pandemic forced restaurants to close. It is one of several independent...

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New Albany company considering $68M expansion
News 20 hours ago
New Albany company considering $68M expansion

A New Albany Business Park tenant that's already invested millions of dollars in the area has its eye on another expansion. Next week, New Albany...

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Marriott borrows $2B; Work on Bethesda HQ halted after workers test positive for COVID-19
News 20 hours ago
Marriott borrows $2B; Work on Bethesda HQ halted after workers test positive for COVID-19

Marriott International Inc. (NASDAQ: MAR) said Friday it is borrowing $2 billion from an existing credit facility to increase its cash holdings and...

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The Coronavirus Pivot: How Hawaii businesses are altering their operations to adjust to new realities
News 20 hours ago
The Coronavirus Pivot: How Hawaii businesses are altering their operations to adjust to new realities

Jams World has closed its retail store locations until April 30 and has halted all apparel manufacturing in its Honolulu factory, but to help local...

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EXCLUSIVE: Cincinnati commercial real estate firm names CFO
News 20 hours ago
EXCLUSIVE: Cincinnati commercial real estate firm names CFO

An Over-the-Rhine-based commercial real estate company has named a new chief financial officer. Grandin Properties recently promoted Elissa Schwetz...

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'We are still open!' Coronavirus outbreak inspires big demand for D.C.-area signmakers.
News 20 hours ago
'We are still open!' Coronavirus outbreak inspires big demand for D.C.-area signmakers.

Maybe it's "We're still open!" Or perhaps "Pick-up and delivery now available." And don't forget "practice social distancing," "stay six feet apart...

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Target Corp. to start limiting customer numbers in stores, give staff masks and gloves
News 21 hours ago
Target Corp. to start limiting customer numbers in stores, give staff masks and gloves

Target Corp. on Sunday will start limiting the number of shoppers it allows in its stores to enhance social distancing as the coronavirus continues...

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Under Armour closes stores indefinitely, will lay off thousands of employees
News 21 hours ago
Under Armour closes stores indefinitely, will lay off thousands of employees

Under Armour's stores in the U. S. will remain closed indefinitely because of the coronavirus pandemic. Under Armour Inc. will keep its stores...

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Phoenix Investors buys South Hills Industrial Park in West Mifflin
News 21 hours ago
Phoenix Investors buys South Hills Industrial Park in West Mifflin

New-to-Pittsburgh group buys major industrial property in West Mifflin with plans for upgrades and additional land on which to build. This account...

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Temporary hospital to be set up in Gateway Shopping Center, owned by Belz Enterprises, discussion with president Ron Belz
News 1 day ago
Temporary hospital to be set up in Gateway Shopping Center, owned by Belz Enterprises, discussion with president Ron Belz

Ron Belz found out his company's shopping center would be used as an overflow hospital for COVID-19 patients after Gov. Bill Lee announced it...

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Jacksonville International Airport shelves major construction project as flyers stay home
News 1 day ago
Jacksonville International Airport shelves major construction project as flyers stay home

Jacksonville International Airport is facing a rough future as travel grinds to a halt. Jacksonville International Airport is making some tough...

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Coronavirus cools one of construction's hottest streaks in Phoenix. So what's next?
News 1 day ago
Coronavirus cools one of construction's hottest streaks in Phoenix. So what's next?

The Valley saw big growth in its building during the first two months of 2020, but now all bets are off because of the coronavirus pandemic....

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As hotels plead for 'second' stimulus, Nashville area stares down $1.4B in likely loan defaults
News 1 day ago
As hotels plead for 'second' stimulus, Nashville area stares down $1.4B in likely loan defaults

The hotel industry is warning it will default on at least $86 billion in collateralized loans within the next several months, including a potential...

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AAR Corp. may get rent reprieve at Duluth air maintenance base
News 1 day ago
AAR Corp. may get rent reprieve at Duluth air maintenance base

Duluth, Minn., officials are weighing a plan to waive lease payments due from AAR Corp., an airline maintenance services company that's a big...

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Local developers forge ahead, brokers feel pause as COVID-19 casts cloud over commercial real estate industry
News 1 day ago
Local developers forge ahead, brokers feel pause as COVID-19 casts cloud over commercial real estate industry

Developers have had to recalibrate and think about how the virus will impact their businesses and pipelines - short-term, it's doing business...

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Executive Profile: Native Realty CEO Jaime Sturgis on upgrading his hometown
News 1 day ago
Executive Profile: Native Realty CEO Jaime Sturgis on upgrading his hometown

Editor's Note: News in Brief is an abbreviated weekly roundup of recent transactions, openings, donations and other deals from companies across...

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Reverse mortgage lender Steven Sless encounters turbulence from COVID-19 crisis
News 1 day ago
Reverse mortgage lender Steven Sless encounters turbulence from COVID-19 crisis

Work days last month for Owings Mills mortgage expert Steven J. Sless boomeranged from crazy busy to unease, and then layoffs. The frenetic pace...

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Xenia property owners seek redevelopment options
News 1 day ago
Xenia property owners seek redevelopment options

The new landlords of a 112-year-old grocery warehouse in downtown Xenia remain hopeful the right business-owners will come along to revitalize the...

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This Week in 1997: Developers Codina, Swerdlow aim to replicate Sawgrass Mills’ success
News 1 day ago
This Week in 1997: Developers Codina, Swerdlow aim to replicate Sawgrass Mills’ success

Editor's Note: As the South Florida Business Journal celebrates 40 years in publication, we will look back at issues from past decades and...

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Coronavirus complications: $24M sale of Blue Bell office building finalized through storm door
News 1 day ago
Coronavirus complications: $24M sale of Blue Bell office building finalized through storm door

Kairos Real Estate Partners has sold a 124,000-square-foot office building in Blue Bell for $24.85 million after buying the property four years ago...

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Guest column: How landlords can use their relationships to help themselves and business tenants get through this pandemic
News 1 day ago
Guest column: How landlords can use their relationships to help themselves and business tenants get through this pandemic

COVID-19 has swept across the globe like a hurricane, leaving in its wake unprecedented effects on the lives and livelihoods of individuals. This...

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Tampa Bay's commercial real estate professionals keep working on deals in the face of coronavirus
News 1 day ago
Tampa Bay's commercial real estate professionals keep working on deals in the face of coronavirus

The coronavirus pandemic hasn't slowed momentum, professionals say - though it's still early days. This account isn't linked to a paid Tampa Bay...

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Atlanta population passes 730,000, region poised to 'bounce back'
News 1 day ago
Atlanta population passes 730,000, region poised to 'bounce back'

For almost three weeks, closures, cancellations and furloughs have rippled through the Atlanta economy, but new population data offers a reminder...

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New York state declares real estate an essential industry, but agents can't attend in-person showings because of coronavirus
News 1 day ago
New York state declares real estate an essential industry, but agents can't attend in-person showings because of coronavirus

The guidance from Empire State Development was released in response to questions that were raised after the New York State Association of Realtors...

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