Sam’s Club opening large distribution center in Shakopee
Bentonville, Ark.-based Sam's Club is opening two new distribution centers early 2024 in the Midwest. One of them will be in Shakopee.
Saint Rose’s future is in jeopardy. Here’s what happened when other colleges closed.
If The College of Saint Rose closes, it must decide how to wind down operations and direct its real estate.
Iron Horse Hotel owner Tim Dixon strikes a deal to resolve foreclosure
After an attempt to sell the Iron Horse Hotel didn’t fetch offers higher than the $24 million owed on its mortgage, its creator Tim Dixon has reach an agreement with its lender to keep ownership.
Company moves headquarters into downtown Portland tower
Alta Planning and Design is shifting its Portland headquarters from the Central Eastside into downtown Portland.
Longfellow sticks with huge Chapel Hill development despite soft real estate market
Even with vacancy rates rising for life sciences space across the region, Longfellow is betting that the timing for its 350,000-square-foot project will work out in the end.
Dallas’ Harwood District to add another office tower
Get a glimpse at the next soaring office tower planned for a booming district near downtown Dallas. Click through to find out what type of tenants the developer is targeting and check out the DBJ's list of largest commercial real estate developers in North Texas.
Midtown apartment tower sale sets high-water mark for 2023
Higher interest rates, declining rents and an influx of new supply have led to a 75% year-over-year decline in apartment transactions.
City strikes nearly $89 million deal to buy former Denver Post building at Civic Center
The city of Denver, no longer content to be a tenant in the former Denver Post building downtown, is moving to buy the 11-story structure for $88.5 million.
Its purchase deal with the New York-based owner of 101 W. Colfax Ave. is intended to make room for the city and county’s courts. Many of the non-criminal courts are squeezed into the historic City and County Building across Civic Center Park. They’re expected to need another 280,000 square feet of space by 2040, according to a courts master plan.
The building is just shy of 306,000 square feet and is located in the heart of downtown, with building security, an auditorium, connections to the city’s computer network and a 635-space parking garage. The Post reported earlier this week that city officials were considering purchasing the building.
The proposed contract is up for consideration before the City Council’s Finance and Governance Committee on Tuesday morning. If it earns approval from the entire council in coming weeks, the..
Citizens continues to close Stop & Shop branches, replaces with ITMs
In November, more bank branches closed than opened in Massachusetts, returning to a trend of widespread closures after October’s outlier month of more openings.
Pennsylvania banks show Q3 stress but largely outperform nation: FDIC data
Mixed messages from Q3 bank data: deposits grow in Keystone State but combined bank earnings significantly lower than last year or 2021.