Real Estate Blog

The Kansas City industrial market had a promising first quarter that indicates another strong year may be ahead.

According to research by CBRE, the market delivered 1.3 million square feet of industrial space in the first three months. Of that, 82 percent was was built on a speculative basis, meaning it was constructed without a specific tenant in mind.

Joe Orscheln, a vice president in CBRE's Kansas City office who specializes in industrial, said the market is on the same pace it was at this time…

Texas Neurology, a diagnostic patient care practice for patients with neurological disorders, has signed a 15-year lease for more than 40,000 square feet on the first floor of 6080 NCX, a four-story office building in Dallas.

Mike Gosslee, senior director at Cushman & Wakefield (NYSE: CWK), represented Texas Neurology in their property search and negotiation.

The new location will give the practice better access to its satellite locations in Richardson, University Park and East Dallas while…

The real estate investor in the partnership has now spent nearly $100 million on Lower Broadway real estate in less than five years. “We continue to aggressively expand our footprint in Nashville and continue to look for more opportunities to acquire,” he said.

Alexandria officials and nearby property owners are hopeful the pending sale of Victory Center will set the stage for a larger revitalization of the city's Eisenhower Avenue corridor.

The 606,921-square-foot building is a half-mile from the Van Dorn Metro station, in a part of the city long eyed for job-creating office uses. Alexandria Mayor Justin Wilson said he is encouraged that Stonebridge Associates will pursue prospective tenants including federal agencies rather than moving to repurpose or…

Levi's Plaza is on the market, and landlords are watching the namesake retailer closely in case it decides to move.

Another major coworking brand appears to have its eyes on Columbus as part of a larger wave of expansion into mid-sized U.S. cities.

WeWork has listed Columbus as “coming soon” on its website. The New York-based network of coworking spaces has not indicated if it has secured space in the market or where it might be looking. The company did not respond to a request for comment regarding its plans.

WeWork has has launched locations in more than 100 cities and 27 countries and continues to scale…

The Delray Beach Community Redevelopment Agency approved a deal on April 9 with BH3 Management for a $100.3 million development on West Atlantic Avenue.

The CRA Board passed the purchased and sales agreement that will grant 7.4 acres at 600 to 800 West Atlantic Avenue to Aventura-based BH3 for the nominal price of $10.

Although the land was appraised at far more than that, the CRA gave the developer credit for public benefits in its projects, such as extra parking spaces and public spaces.

BH3…

Texas leaders are pushing a new proposal to swap property taxes for a one-cent sales tax increase, but opponent decry the plan as a regressive tax that will hurt those who can least afford it.

Texas leaders are pushing a new proposal to swap property taxes for a one-cent sales tax increase, but opponent decry the plan as a regressive tax that will hurt those who can least afford it.

The California-based homebuilder is steering the massive project on 315 acres in Hutto, one of the region's fastest-growing suburbs.