Real Estate Blog
‘These are our neighbors’ and other insights from the Sunshine State’s top roofing contractor
The firm's top accomplishments in the last year included winning the ABC Eagle Award for the 769,000-square-foot Maitland City Centre mixed-use project.
Boulder’s commercial real estate market is thriving
Low vacancy rates and relatively stable rents are helping keep Boulder’s commercial real estate market humming, while still making room for the development of new office and retail space that’s gradually coming online.
The new commercial spaces take care of the increased demand from local companies looking for room to expand, and businesses considering a move to Boulder, said Becky Callan Gamble, president of Dean Callan & Co., Inc., a real estate company specializing in commercial brokerage, development, property management and investment acquisitions in Boulder County.
The Reve, which willl include retail, office and apartment space is under construction at 30th and Pearl streets.The availability of an educated and skilled workforce makes it attractive for companies in the tech space to locate to Boulder, she said, adding she often fields inquiries from out-of-state businesses about leasing space.
Factors involved
Boulder’s diversified economy and new projects in other Boulder Cou..
Metro Denver home price gains once leading, now lagging
Below average isn’t something most people aspire to, but that is what homeowners in metro Denver likely face after years of robust home price appreciation, according to Zillow.
Zillow said its Denver Home Price Index has risen 3.4% to $411,200 the past year through August. That contrasts with a gain in the national index of 4.9% to $229,600.
Higher interest rates weighed on the market in the first part of the year, and when they moved lower again, home price appreciation accelerated, but at a more modest pace.
“We have persistently strong consumer confidence and the significant drop in mortgage rates to thank for the housing market’s return to modest home value growth,” Skylar Olsen, Zillow’s director of economic research, said in her report.
Annualizing the quarter-over-quarter change through August, home prices are rising 3.4% nationally, while metro Denver’s gain is only running 1.1%, according to Zillow.
Both those are better than the 0.4% quarterly annualized pace seen in May..
How Sharon Bulova embraced smart growth over three decades on the Fairfax County board
The top leader in Virginia's largest jurisdiction is prepping to step aside.
Exclusive: Home Depot sizes up commercial space in Central Florida
It's part of an $11 billion investment from Home Depot across the U.S.
Phoenix-Mesa Gateway Airport leases final parcels for $21M development
Phoenix-Mesa Gateway Airport has leased the last four available parcels around the southeast Mesa airport for private development.
Gateway Executive Airpark LLC is leasing the parcels totaling 12.25 acres and will build three separate hangers in two phases for a total development cost of $21 million.
The managing members of Gateway Executive Airpark LLC are Steve McKendry, a commercial real estate broker and branch manager for Daum, and Jay Donkersloot, president of aviation components manufacturing…
Bader Philanthropies to add coffee shop, wellness center near King Drive HQ
Bader Philanthropies Inc. will restore a vacant building next to its Milwaukee headquarters to house a coffee shop by the owner of City.Net Jazz Café, along with a Shalem Healing Inc. wellness center.
That building will be the second Bader Philanthropies has restored on North Dr. Martin Luther King Jr. Drive. The foundation a year ago settled into its new headquarters in a rehabbed building at 3300 North King Drive. The move is intended to create closer relationships with the surrounding central…
GSA to consider coworking as a space option
The General Services Administration is considering tapping into the rapidly growing coworking market to meet part of its space needs across the U.S., a currently unused alternative for one of the largest consumers of leased office space in the country.
The federal government's main, civilian real estate arm plans to issue a “Federal Workspace as a Service” solicitation in the first quarter of 2020, according to a GSA spokesperson. All eligible companies would be allowed to bid on the national indefinite…
Lifestyle retailer Parachute to open first D.C. location
Los Angeles-based lifestyle retailer Parachute will open its first D.C. store at Liz, the mixed-use redevelopment of Whitman-Walker Health's 14th Street NW offices, later this year.
Parachute, which currently has seven stores in Los Angeles, Portland, Oregon, New York, San Francisco, Dallas and Chicago, sells a variety of bedding and home decor products, starting out in 2014 as an online-only, direct-to-consumer brand before opening its first brick-and-mortar store in 2016.
Its D.C. store will…
CEO of a global construction supplier is using diversity and inclusion to battle labor shortages
Two and a half years ago, Avi Kahn was named president and CEO of Plano-based Hilti North America. In the past two years, the company, which sells products, supplies and services to the construction industry, has seen double-digit sales growth.