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Jacksonville-based Southeastern Grocers phasing out its Bi-Lo brand, selling 62 locations
News 19 hours ago
Jacksonville-based Southeastern Grocers phasing out its Bi-Lo brand, selling 62 locations

The strategic move will see the chain divest itself of dozens of stores. This account isn't linked to a paid Jacksonville Business Journal...

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Regal Potomac Yard has probably shown its last movie ever
News 19 hours ago
Regal Potomac Yard has probably shown its last movie ever

The Regal Potomac Yard movie theater appears to have shown its last picture. Regal Cinemas has scrubbed the 16-theater multiplex at 3575 Potomac...

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Pointe Development wants to buy Miami-Dade County land for apartments
News 19 hours ago
Pointe Development wants to buy Miami-Dade County land for apartments

A developer wants to buy land from Miami-Dade County for $10 to build workforce housing. The County Commission will consider June 8 selling two...

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Editorial: Racial inequity is an economic problem we can solve
News 19 hours ago
Editorial: Racial inequity is an economic problem we can solve

The divide between law enforcement and the Black community is deep and has existed for decades. It is a gap that needs to be addressed by law...

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Cincinnati landlord's suit: Evictions halt has tenants acting as squatters
News 19 hours ago
Cincinnati landlord's suit: Evictions halt has tenants acting as squatters

A lawsuit filed to the Ohio Supreme Court by a Cincinnati landlord is asking for evictions proceedings - halted for all intents and purposes, it...

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Peoples blows away record with first-quarter profit growth
News 19 hours ago
Peoples blows away record with first-quarter profit growth

Various state laws have removed virtually all financial risk for gas utilities, clearing the way for a first quarter that earned Chicago's Peoples...

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Levi's says 'everybody has a new size,' as shoppers return to stores during coronavirus pandemic
News 19 hours ago
Levi's says 'everybody has a new size,' as shoppers return to stores during coronavirus pandemic

Some have joked that the "Freshman 15" is now the "Quarantine 15," as living on lockdown encourages some to snack more on bread and baked goods,...

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What CRE Borrowers Will Gain by Being Patient
News 19 hours ago
What CRE Borrowers Will Gain by Being Patient

We have been getting a fair amount of new loan inquiries from developers lately. They are hearing that interest rates are at historical lows and...

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Construction starts in SoFla continue to plummet
News 19 hours ago
Construction starts in SoFla continue to plummet

Construction in South Florida fell for the second straight month (Credit: iStock) Construction in South Florida is feeling the brunt of coronavirus...

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The Specter of Deflation and What it Means for GSA Lessors
News 20 hours ago
The Specter of Deflation and What it Means for GSA Lessors

One well-known quirk of GSA leases is that operating cost reimbursements are not based on increases in actual costs. Rather, they are calculated on...

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Q&A: The Arts Residences/Thompson Hotel developer on bringing tower to life in time for Fiesta
News 20 hours ago
Q&A: The Arts Residences/Thompson Hotel developer on bringing tower to life in time for Fiesta

The virtual showing was a success, but can the luxury hotel and residences put people in rooms as the pandemic continues? This Houston-based...

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Why this Southside restaurant is expanding its footprint
News 20 hours ago
Why this Southside restaurant is expanding its footprint

Despite the current challenges posed by Covid-19 and curfews, University Tacos has been grappling with a lack of sufficient space for years. This...

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John Catsimatidis Mulling Second Run for NYC Mayor
News 20 hours ago
John Catsimatidis Mulling Second Run for NYC Mayor

Cats is back. Developer and grocery store owner John Catsimatidis reportedly is mulling over a second shot at becoming the mayor of New York City...

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Longtime Brookwood Village restaurant to permanently close
News 20 hours ago
Longtime Brookwood Village restaurant to permanently close

After more than a dozen years at an upscale shopping mall, a popular modern Tex Mex restaurant is closing its doors. The last day for Cocina...

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Pending sales 'skyrocket' in May as Denver's housing market heats up
News 20 hours ago
Pending sales 'skyrocket' in May as Denver's housing market heats up

New listings and pending sales of homes in the 11-county Denver metro jumped significantly in May, an encouraging sign for the residential market...

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New listings surge in May as Denver's housing market heats up
News 20 hours ago
New listings surge in May as Denver's housing market heats up

New listings and pending sales of homes in the 11-county Denver metro jumped significantly in May, an encouraging sign for the residential market...

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Construction starts plunged in April
News 20 hours ago
Construction starts plunged in April

Gov. J. B. Pritzker allowed building in Illinois to continue under his stay-at-home order, but with the economy in a severe recession, developers...

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House Dems seek billions for CTA, Union Station, roads
News 20 hours ago
House Dems seek billions for CTA, Union Station, roads

Illinois road builders and Chicago transit operators are big winners in a new multiyear federal surface transportation bill that U. S. House...

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Hickok Cole to move from Georgetown to Foulger-Pratt project near Union Market
News 20 hours ago
Hickok Cole to move from Georgetown to Foulger-Pratt project near Union Market

Hickok Cole Architects has reached a deal to leave Georgetown for space on the top two floors of a new office-and-retail building being developed...

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8 facts investors should know about Jackson Hole real estate
News 20 hours ago
8 facts investors should know about Jackson Hole real estate
Source AZ Big Media

The real estate business is very popular nowadays due to its investment advantages and benefits that could have a secure and stable financial...

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Mall Stocks Surge with Shoppers Coming Back Faster Than Expected
News 20 hours ago
Mall Stocks Surge with Shoppers Coming Back Faster Than Expected
Source NREI - Retail

At North Carolina centers owned by Tanger traffic was at 80 percent of pre-pandemic levels. (Bloomberg)—Shoppers in South Carolina are ready to go....

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Laboratories gobbling up space in pandemic-battered city
News 20 hours ago
Laboratories gobbling up space in pandemic-battered city

An entrepreneur works in an Alexandria LaunchLabs laboratory at the Alexandria Center For Life Science in New York. Lab space for medical research...

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Bell Partners exceeds target, closes fund at $950 million
News 20 hours ago
Bell Partners exceeds target, closes fund at $950 million

Bell Partners announced Wednesday that it has completed the final close for Bell Apartment Fund VII at its hard cap of $950 million in equity...

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Ferretti Group establishes headquarters at Lauderdale Marine Center
News 20 hours ago
Ferretti Group establishes headquarters at Lauderdale Marine Center

Lauderdale Marine Center, the country's largest yacht repair facility and shipyard, is the new North American headquarters for a luxury yacht...

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One of Wichita's theater chains warns it may have to permanently close its doors
News 20 hours ago
One of Wichita's theater chains warns it may have to permanently close its doors

The Leawood-based entertainment giant entered the Wichita market in early 2018. This account isn't linked to a paid Wichita Business Journal...

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H&M sued for $4M in unpaid rent at Herald Square flagship
News 20 hours ago
H&M sued for $4M in unpaid rent at Herald Square flagship

After months of skipping out on rent, Swedish fashion retailer H&M has been hit with a $4 million lawsuit for unpaid rent at its Herald Square...

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Bradford Team's Whirlwind Leasing Round Nets Nine Deals for Northwest Crossing
News 20 hours ago
Bradford Team's Whirlwind Leasing Round Nets Nine Deals for Northwest Crossing

Occupancy now stands at 96.6% in the 127,459-sf flex project at Northwest Crossing, 2152-58 W. Northwest Highway, in Dallas. Three of the four...

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Net Lease Casual Dining Sector Underperforms
News 20 hours ago
Net Lease Casual Dining Sector Underperforms

Cap rates in the net lease casual dining sector increased to 6.59 percent, representing a 27 basis point increase in the first quarter of 2020,...

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Medford Senior Housing Property Trades for $84M
News 20 hours ago
Medford Senior Housing Property Trades for $84M

The Schochet Companies and Jonathan Rose Companies have acquired Riverside Towers, a 200-unit apartment property designated for occupancy by...

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Houston-area construction starts decline in April
News 20 hours ago
Houston-area construction starts decline in April

A year-over-year jump in the value of nonresidential construction projects that were started in April was not enough to offset a double-digit...

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