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Rite Aid building in Arden-Arcade sold for $11.35 million
News 8 hours ago
Rite Aid building in Arden-Arcade sold for $11.35 million

Just as Covid-19 shifted investor interest toward necessary retail, developer Paul Petrovich decided it was time to sell a building he developed...

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UCSF seeks permission for 2 million square-foot expansion in Parnassus Heights
News 8 hours ago
UCSF seeks permission for 2 million square-foot expansion in Parnassus Heights

UCSF is moving ahead with expansion plans for its oldest campus in Parnassus Heights, asking the UC Board of Regents to lift a four-decades old cap...

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Historic Senator Hotel office building gets a dramatic makeover
News 8 hours ago
Historic Senator Hotel office building gets a dramatic makeover

While previous owners worked on mostly tenant spaces, common areas didn't keep up. Seagate Properties has worked to reverse that. This account isn...

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Bake 'n Babes will permanently operate out of Gen-X Tavern in downtown Tampa
News 9 hours ago
Bake 'n Babes will permanently operate out of Gen-X Tavern in downtown Tampa

Bake'n Babes, the Tampa bakery known for its over-the-top milkshakes and massive chocolate chip cookies, will permanently operate out of Gen-X...

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Schlumberger puts 21 surplus properties on the auction block
News 9 hours ago
Schlumberger puts 21 surplus properties on the auction block

Schlumberger Ltd. (NYSE: SLB) has put several properties in Texas and seven other states up for auction. Real estate auction firm Williams &...

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How close are S.F. hotels to reopening? Here’s what we know.
News 9 hours ago
How close are S.F. hotels to reopening? Here’s what we know.

The vast majority of hotels in San Francisco are closed, but the target date for reopening changed this week. I spoke with Kevin Carroll, CEO and...

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Engineering firm awarded $4M Broadway Street contract
News 10 hours ago
Engineering firm awarded $4M Broadway Street contract

The San Antonio City Council has awarded a local engineering firm a $4 million contract to design the next phase of improvements to Broadway Street...

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Rogers-O'Brien Construction sues Microsoft
News 10 hours ago
Rogers-O'Brien Construction sues Microsoft

The construction company argued that Microsoft actively diverted, interrupted and hindered the project's development and continued progress. This...

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Mercy Medical Center opens newly constructed Covid-19 wing early
News 10 hours ago
Mercy Medical Center opens newly constructed Covid-19 wing early

Mercy Medical Center opened its new Covid-19 wing to patients on June 1 and expects the 32-bed acute care unit will be ready to take in patients if...

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Oxmoor Holdings LLC acquires 2231 20th Ave. S. for $3.049 million
News 10 hours ago
Oxmoor Holdings LLC acquires 2231 20th Ave. S. for $3.049 million

A newly constructed office property near English Village has a new owner. Oxmoor Holdings LLC acquired 2231 20th Ave. S. for more than $3.049...

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Michael Lightman Realty purchases land from city for Centennial Gardens apartments expansion
News 11 hours ago
Michael Lightman Realty purchases land from city for Centennial Gardens apartments expansion

After years of planning and a back-and-forth with Memphis City Council, Michael Lightman Realty is about to break ground on 68 apartments in...

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Frisco gets Amazon fulfillment center and $1B project - Dallas Business Journal
News 11 hours ago
Frisco gets Amazon fulfillment center and $1B project - Dallas Business Journal

This latest Deals Day post, which encompasses information from May 30 to June 5, details some of the most recent transactions and developments...

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New owners for The Mayton Inn hotel in Cary – here's how much they paid
News 11 hours ago
New owners for The Mayton Inn hotel in Cary – here's how much they paid

After years of excitement, investment, development, heartbreak and bankruptcy, The Mayton Inn in downtown Cary is officially in the hands of new...

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Former elementary school in South Jersey goes up for sale
News 11 hours ago
Former elementary school in South Jersey goes up for sale

A former elementary school campus in South Jersey is on the market. The Florence L. Walter School in Lumberton closed its doors to students this...

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Philadelphia real estate firm pays $22M for Baltimore apartment tower
News 11 hours ago
Philadelphia real estate firm pays $22M for Baltimore apartment tower

A Philadelphia real estate firm continues to expand in Baltimore, acquiring an 18-story downtown apartment building. PMC Property Group Inc. paid ...

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Castle Black cofounder Jonathan Logan discusses St. Jude and VA projects, Nashvile and Houston expansions
News 12 hours ago
Castle Black cofounder Jonathan Logan discusses St. Jude and VA projects, Nashvile and Houston expansions

Memphis-based Castle Black Construction is betting on government contracts, geographic expansion, and the health care industry to take it to the...

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Transaction Action: Pico Union buys five SA apartment complexes
News 12 hours ago
Transaction Action: Pico Union buys five SA apartment complexes

This post, which encompasses information from May 12 to June 2, details commercial real estate deals in the San Antonio area, including sales,...

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Behind the deal: Travis Park Plaza’s new owner hopes to build on GrayStreet’s progress
News 12 hours ago
Behind the deal: Travis Park Plaza’s new owner hopes to build on GrayStreet’s progress

Beyond the previous owner's improvements, the California-based group sees immense value in the notable downtown office building. This account isn't...

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32,000 construction sites in NYC can restart work next week. What companies need to know.
News 13 hours ago
32,000 construction sites in NYC can restart work next week. What companies need to know.

City inspectors will be checking sites to make sure safety requirements are in place. The first 30 days, inspectors will focus on education; after...

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The feds have finally unveiled designs for the massive expansion of Union Station. They don't include any concessions to local leaders' concerns.
News 13 hours ago
The feds have finally unveiled designs for the massive expansion of Union Station. They don't include any concessions to local leaders' concerns.

The massive expansion of Union Station is inching closer to becoming a reality as federal officials have now outlined their preferred designs for...

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Pandemic may leave lasting imprints on Atlanta's commercial real estate world
News 13 hours ago
Pandemic may leave lasting imprints on Atlanta's commercial real estate world

Matt Bronfman, CEO of Jamestown, whose Atlanta developments are led by Ponce City Market in the city's Old Fourth Ward. Property owners will become...

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Louisville Metro sets deadline for second round of Urban Government Center proposals
News 15 hours ago
Louisville Metro sets deadline for second round of Urban Government Center proposals

Proposals for the massive complex will be due next month. This account isn't linked to a paid Louisville Business First subscription. Filled with ...

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Astoria building sells for more than $7 million
News 15 hours ago
Astoria building sells for more than $7 million

The Woolsey Station Post Office Building in Astoria, Queens, has sold for $7.35 million. This account isn't linked to a paid New York Business...

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Florida medical marijuana grow facility may rise in Apopka
News 16 hours ago
Florida medical marijuana grow facility may rise in Apopka

Tedrow wasn't available for comment. Owner Aed Dewar Nursery 2019 Trust, which features a Dewar Nurseries Inc. company onsite, also wasn't...

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Original Hot Dog Factory coming to metro Birmingham
News 17 hours ago
Original Hot Dog Factory coming to metro Birmingham

A rapidly expanding restaurant chain is moving into the Birmingham metro area for the first time. The Original Hot Dog Factory will open in Center...

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How a protest and a plan has amplified Centro's downtown vision
News 17 hours ago
How a protest and a plan has amplified Centro's downtown vision

In the wake of nationwide protests against racial injustices, Centro SA has found itself taking on a new role. This account isn't linked to a paid...

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Some of the companies building Amazon's Albuquerque fulfillment center have a history with the Seattle retailer
News 17 hours ago
Some of the companies building Amazon's Albuquerque fulfillment center have a history with the Seattle retailer

The 465,000 square foot Amazon fulfillment center will be located at 12945 Comfort Way NW. This account isn't linked to a paid Albuquerque Business...

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Restaurant chain Luby's to put business and assets up for sale
News 17 hours ago
Restaurant chain Luby's to put business and assets up for sale

Luby's Inc. (NYSE: LUB) will immediately pursue the sale of its operating divisions and assets, the Houston-based restaurant company announced June...

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Developer seeking incentives to make Independent Life into condos, grocery in downtown Jacksonville
News 18 hours ago
Developer seeking incentives to make Independent Life into condos, grocery in downtown Jacksonville

The request is triple the typical maximum amount. This account isn't linked to a paid Jacksonville Business Journal subscription. Filled with "must...

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New York developer Scenic Investments reveals tower details, faces Orbison controversy
News 18 hours ago
New York developer Scenic Investments reveals tower details, faces Orbison controversy

A real estate developer from New York has picked a prominent spot to make its Nashville debut, aiming to build a tower at the point in Midtown...

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