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Cheesecake Factory won’t pay April rent because of coronavirus losses
News 17 hours ago
Cheesecake Factory won’t pay April rent because of coronavirus losses

The Cheesecake Factory's CEO David Overton told landlords in a letter the large national chain won't be able to pay rent following a sudden...

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One local CRE expert's outlook on coronavirus' impact on the Silicon Valley office market: 'A storm we're in good shape to weather'
News 17 hours ago
One local CRE expert's outlook on coronavirus' impact on the Silicon Valley office market: 'A storm we're in good shape to weather'

What's going to help Silicon Valley's office market get out of the imminent downturn caused by the COVID-19 coronavirus? The same force that has...

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Boston company taps real estate vet to lead Bay Area expansion
News 18 hours ago
Boston company taps real estate vet to lead Bay Area expansion

Longfellow Real Estate Partners, a Boston company specializing in the life sciences space, has hired Northern California real estate veteran Evan...

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Last slice of business for Buffalo butcher?
News 19 hours ago
Last slice of business for Buffalo butcher?

Age and a lack of interest may spell the end for a West Side independent butcher shop and neighborhood grocery store. Lorigo's Meating Place, 185...

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Peabody Plaza in downtown St. Louis sold to New York buyer for $35M
News 19 hours ago
Peabody Plaza in downtown St. Louis sold to New York buyer for $35M

Peabody Plaza in downtown St. Louis has been acquired for $35 million. The building, one of the largest office properties in the St. Louis region...

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Enter the Floodgate: Luxury 17-story apartment tower underway downtown
News 21 hours ago
Enter the Floodgate: Luxury 17-story apartment tower underway downtown

Expected to have some of the highest rents in the city, the mixed-use residential and retail development will feature the city's first automated...

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Publix, Aldi and others officially buy Lucky's Market's Florida stores and distribution center in bankruptcy court
News 23 hours ago
Publix, Aldi and others officially buy Lucky's Market's Florida stores and distribution center in bankruptcy court

Here's how the Florida real estate deals break down. This account isn't linked to a paid Tampa Bay Business Journal subscription. Filled with "must...

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Bala Cynwyd apartment project gets $50M in financing
News 1 day ago
Bala Cynwyd apartment project gets $50M in financing

New York Life Real Estate Investors arranged a $50 million, 20-year loan for 335 Bala, a newly constructed 210-unit apartment community in Bala...

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Florida retailers, landlords, lenders try to navigate coronavirus confusion
News 1 day ago
Florida retailers, landlords, lenders try to navigate coronavirus confusion

Cindy Schooler has been on the phone nonstop with both retail tenants and landlords in recent days, as some of the biggest nation's retail chains -...

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How Cincinnati apartment owners are handling the coronavirus crisis
News 1 day ago
How Cincinnati apartment owners are handling the coronavirus crisis

As the coronavirus - and closure of many businesses do limit its spread - continues to hammer Greater Cincinnati, local apartment owners are...

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Bexar County Appraisal District delays mailing notices of appraised value
News 1 day ago
Bexar County Appraisal District delays mailing notices of appraised value

Bexar County property owners waiting to know - or protest - their property values will have to wait a few more weeks. The Bexar County Appraisal...

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Alpharetta’s Avalon Sets Groundbreaking Date
News 1 day ago
Alpharetta’s Avalon Sets Groundbreaking Date

Avalon, a new mixed-use project coming to Alpharetta, is counting down the days until it breaks ground. Demolition and site work will begin Jan. 28...

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Savills' Ken Biberaj: Real estate must adapt in crisis
News 1 day ago
Savills' Ken Biberaj: Real estate must adapt in crisis

It is impossible to know the full impact of the COVID-19 pandemic, but we expect people and organizations to fundamentally alter their relationship...

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2020 Commercial Real Estate Roundtable
News 1 day ago
2020 Commercial Real Estate Roundtable

The Cincinnati Business Courier recently sat down with four of Cincinnati’s top commercial real estate experts to talk about the trends and what’s...

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Florida big real estate deals involve Cushman & Wakefield, Newmark Knight Frank
News 1 day ago
Florida big real estate deals involve Cushman & Wakefield, Newmark Knight Frank

Newmark Knight Frank Multifamily closed on the $44.1 million sale of Parke East, a 272-unit community in Orlando. Newmark Knight Frank's Scott...

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Halting construction to curb coronavirus could cause layoffs, loan defaults and 'horrible' effects
News 1 day ago
Halting construction to curb coronavirus could cause layoffs, loan defaults and 'horrible' effects

Construction won't be able to restart with the flick of a switch if builders are forced to shut down March 27 as part of Austin and Travis County's...

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Parent of laboratory doing coronavirus testing lists Hawaii headquarters for sale, leaseback
News 1 day ago
Parent of laboratory doing coronavirus testing lists Hawaii headquarters for sale, leaseback

Australia-based Sonic Healthcare Ltd. has listed the Hawaii headquarters of its subsidiary Clinical Laboratories of Hawaii - one of the private...

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Cheesecake Factory won’t pay April rent because of coronavirus losses
News 1 day ago
Cheesecake Factory won’t pay April rent because of coronavirus losses

One of the country's largest restaurant chains, and the parent company to some of Phoenix's most popular eateries, has sent a letter to its...

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Developer TMG Partners buys 7-building office campus in Santa Clara
News 1 day ago
Developer TMG Partners buys 7-building office campus in Santa Clara

San Francisco-based developer TMG Partners on Thursday said that it had closed on the purchase of The Quad, a seven-building office campus in Santa...

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Belvoir Real Estate Group buys Memorial Villages-area office building
News 1 day ago
Belvoir Real Estate Group buys Memorial Villages-area office building

A Houston-based real estate investment group recently completed the purchase of a 110,529-square-foot office building in the Memorial Villages area...

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NorthMarq brings new multifamily buyer to Lawrence
News 1 day ago
NorthMarq brings new multifamily buyer to Lawrence

Two properties in Lawrence have a new owner after a $25 million deal brought a new buyer to the area. The 254-unit Country Club Apartments and the...

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Stakeholders are optimistic that downtown Dallas will bounce back after COVID-19
News 1 day ago
Stakeholders are optimistic that downtown Dallas will bounce back after COVID-19

With shelter-in-place in effect across the whole of Dallas, every neighborhood and district appears a little quieter these days. This is especially...

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Brown Gill of Gill Properties shares White Station development update.
News 1 day ago
Brown Gill of Gill Properties shares White Station development update.

Earlier this week, the large majority of retailers and restaurants were ordered to close up shop for at least two weeks. But, that hasn't stopped...

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Broward County Commission to consider Residence Inn Fort Lauderdale, Pier Sixty-Six redevelopment and others
News 1 day ago
Broward County Commission to consider Residence Inn Fort Lauderdale, Pier Sixty-Six redevelopment and others

The Broward County Commission will vote on six significant developments, including a hotel near the beach, at its March 31 meeting. While many city...

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Guest column: What commercial tenants and landlords can do during coronavirus rent situations, by James Lenschau, Christopher Hanewald with law firm Wyatt, Tarrant & Combs.
News 1 day ago
Guest column: What commercial tenants and landlords can do during coronavirus rent situations, by James Lenschau, Christopher Hanewald with law firm Wyatt, Tarrant & Combs.

We are beginning to comprehend the widespread effects of the COVID-19 outbreak on our economy. As a stimulus package nears completion in Congress,...

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Commercial tenants, landlords worry as rent checks come due in pandemic shutdown
News 1 day ago
Commercial tenants, landlords worry as rent checks come due in pandemic shutdown

The stress of the coronavirus shutdown is already hitting the commercial leasing market with closed businesses seeking some relief on their rent. ...

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Cheesecake Factory publicly acknowledges rent challenges for SouthSide Works and restaurants nationwide
News 1 day ago
Cheesecake Factory publicly acknowledges rent challenges for SouthSide Works and restaurants nationwide

Publicly traded national restaurant chain with major anchor clout is signaling to landlords in Pittsburgh and nationwide that it won't be able to...

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Jos. A. Bank parent company furloughs all U.S. store employees, cuts exec pay
News 1 day ago
Jos. A. Bank parent company furloughs all U.S. store employees, cuts exec pay

The closure of all Jos. A. Bank retail stores has been extended through early May due to the coronavirus pandemic, leading to furloughs and pay...

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Birmingham CRE leaders offer inside look at how COVID-19 is affecting retail real estate
News 2 days ago
Birmingham CRE leaders offer inside look at how COVID-19 is affecting retail real estate

As the COVID-19 coronavirus storm continues to batter retailers, an unusual ally has emerged in the fight to keep them afloat: the landlord. This...

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Residential mortgage lenders in the Wichita area
News 2 days ago
Residential mortgage lenders in the Wichita area

Full-service credit union offering all mortgage services from pre-approvals to jumbo loans. All loans are underwritten and serviced locally. First...

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