Real Estate Blog
Revolve expands office, studio space with 48,400 square feet at Row DTLA
Mitch Moseley, CEO of Revolve’s owned brand division, said the company valued an office design that inspired creativity and put the safety of its employees first.
IDS Center could fully reopen on Monday after water-related electrical outages cause partial closure
Twenty-six floors of the IDS Center in downtown Minneapolis remained closed on Friday, but could reopen as soon as Monday.
Dozens of floors were evacuated and closed to tenants starting on Wednesday, when an overflow in one of the building's water expansion tanks caused an electrical outage. Floors 26 through 51 remained closed on Thursday.
On Friday afternoon, the building tested and decided the electric system wasn't yet ready to start back up. The building's owner, Accesso Partners, is optimistic…
As many await further Samsung expansion, Taylor adds incentives agreements, clarifies language
During a July 14 Council meeting, the Taylor City Council took mostly administrative steps, including expanding the boundaries of a pair of tax increment reinvestment zones that encompass all of the roughly 1,200 acres that the South Korean electronics giant had purchased after announcing the project last year.
Cleveland warehouse occupied by Jemison Demsey Metals has been sold
Along with the building, the two-parcel sale included an adjacent wooded parcel.
Faropoint buys 3 more Chicago-area warehouses with plans to spend up to $200M here this year
The international investor has spent $180 million in the Chicago market in the last 12 months, including $55 million this year.
Susie Busch-Transou is bringing her lifestyle retail store to the St. Louis area
A familiar family name is bringing a new “lifestyle” retail store to the St. Louis area this fall.
4 features senior living consumers look for post-pandemic
As the world emerges from the global pandemic that changed the way we live, work and even play, the world is also adjusting to how needs are changing for the future. One of these concerns is how the aging populations are addressing their futures.
The senior housing market is showing signs of stability after COVID-19 stalled some progress. The next few years will be heavily focused on senior living development. In fact, the largest demographic going into senior living is projected to do so between…
US Postal Service takes 600K-plus square feet at Gaston County industrial park
The U.S. Postal Service has signed a lease to occupy a building of over 625,000 square feet at Gateway85, NorthPoint Development's large industrial park in Gaston County.
Public-private partnerships may be a key weapon to combat the affordable housing crisis
On July 14, representatives from state and private agencies met in Houston to discuss how public-private partnerships could be the solution to the affordable housing crisis in Texas, a state that rates higher than just five others for affordable housing availability. Opportunities abound for private builders. Experts also looked at how NIMBY attitudes among mayors and city council members got Texas into this predicament. Included with this report: ABJ's latest list of the most prolific homebuilders in the region.
Want to bring tech jobs to Chicago? Invest in multifamily, experts say.
Chicago's tech sector is on the rise, but to keep the momentum going, commercial real estate brokers and investors alike advise investing in places for well-paid tech talent to live.