Real Estate Blog

The seller bought the 155,200-square-foot building in 2016 for $7.9 million.

A Columbus developer has donated $1 million to the new Rapid 5 nonprofit.

NVR Inc. was approved for state incentives to expand its North Carolina manufacturing operations, a project that calls for new investment at its Kings Mountain facility and a new location in Cumberland County.

Another 258 luxury apartments are under construction in Wauwatosa as a team-up of two out-of-state developers launch their third Wisconsin project since 2020.

Yet another one of Denver’s stalwart hospitality businesses has announced its closing. This one, however, is expected to be temporary.

As of Monday, Coffee at The Point, which has been serving up caffeine fixes to locals in Five Points since 2010, is closed “for a makeover, do-over, and remodel,” owner Ryan Cobbins announced on social media. The business is expected to reopen on Sept. 13.

In his note, Cobbins laid out several challenges Coffee at The Point has been facing – including inflation, the rising cost of labor, and staffing difficulties – that are all too familiar to folks in the hospitality industry. His biggest, though, is unique to the neighborhood.

“In the last year, there have been a compounding amount of events that have been taxing,” Cobbins wrote. “The most profound has been watching the decimation of my neighborhood with one person single-handling working to exit businesses, including this beloved friend that I idolized suing Coffee at The Point; and him sending le..

A global testing company with sites in over 50 countries has acquired land in Johnston County for a new facility.

“[Class A properties are] now accounting for almost three times its proportionate share of leasing, which just speaks to how much of an accelerate Covid was on providing a premium experience,” one Valley broker said. Here are the areas of the Valley with the highest demand, according to the reports.

Construction in Portland still lags behind pre-pandemic activity.

An investor sold a Chicago-area retail center for $3 million to a pair of investors from Chicago and New York.

Good morning, readers.

We've spilled a lot of ink in this newsletter about tech cutbacks amid what is otherwise a hot job market. You might read those stories alongside articles indicating that we're headed for a maybe-recession and wonder whether the job cuts in the technology sector are a sign of things to come elsewhere.

Some of the economists we've spoken with say the tech jobs will probably remain outliers in the broader workforce. Many of the companies making cuts were able to grow on the…