Developer Alan Novak’s Georgetown penthouse condo acquired for $8.6M in private sale
The Residences at Harbourside penthouse was at one time rented by the Israeli ambassador.
Silicon Valley Bank to relocate downtown San Francisco office space
After a spectacular collapse in March, SVB now operates as a division of North Carolina-based First Citizens Bank via an acquisition earlier this year following its takeover by federal regulators.
Multiple parties in talks to lease former Bankroll space
A number of local, regional and national operators are in talks for the 23,000-square-foot Rittenhouse Square space formerly home to Bankroll as building owner Pearl Properties searches for a new tenant.
Café Zupas plans new Brookfield restaurant
National restaurant chain Café Zupas is moving toward the start of construction in Brookfield after finalizing a lease for 3,200 square feet at The Plaza.
Bank of America to close nearly 150 branches nationwide this year
Bank of America Corp. plans to shutter more than 100 branches across the U.S. by the end of this year, including locations it already trimmed in the Carolinas.
California housing authorities give San Francisco 30 days to comply with state law — or face the consequences
San Francisco blew a state-mandated Nov. 24 deadline — by which time it was supposed to have taken a series of actions to ease the process of developing new housing. Now the state says it has 30 days to get in line, or risk housing element decertification.
TCO-tied Revo Health signs 33,000-s.f. lease for new Bloomington headquarters
The health care-focused company will move after renovating the space in the first quarter of 2024.
DataBank raises $533M to build more data centers
DataBank has been busy raising capital as the adoption of artificial intelligence increases demand for data center computing power. The company previously raised almost $1.6 billion in financing this year, following a $2.2 billion recapitalization in 2022.
BECU continues C-suite revamp with former USAA exec
BECU has named multiple new leaders to its top ranks since new CEO Beverly Anderson took over at the end of last year.
Hawaii ranked among top five states most impacted by shoplifting
According to the report, the majority — or 75% — of small business retailers reported monthly theft-related losses that averaged between $500 and $2,500.