Real Estate Blog

A $1.3 million federal grant awarded Monday will help plan for a major public housing rehab in Milwaukee’s near west side and deeper efforts to further improve the area for residents and businesses.

The grant is the result of a partnership between the Housing Authority of the City of Milwaukee and the private Near West Side Partners organization. It sets the course for the housing authority to eventually rehab its 248-unit College Court public housing property at 3334 W. Highland Blvd. Beyond…

The lease includes an option for an additional 15,000 square feet on the 15th floor.

Six months after Colliers International promoted Ryan Kratz to a statewide role, the Tampa-based real estate executive's purview is growing again — to include the entire Southeast.

Colliers International said Monday that Kratz will oversee 20 corporate-owned offices in the Southeast, including Atlanta. Managing director Danny Rice will continue to lead the Tampa, Orlando and Southwest Florida markets for Colliers.

“Ryan is a well-respected brokerage leader and his new appointment is further…

Industrial and Office Parks in the Philadelphia region ranked by total gross leasable square feet.

The next step in a decade-long redevelopment project in Sedgefield has begun.

Charlotte-based Marsh Properties has broken ground on The Edge@Sedgefield, a 263-unit apartment project located along Haverford Place on the site of a master-planned real estate project along South Boulevard, between Poindexter Drive and Marsh Road. The first units at The Edge will deliver in the spring of 2020, according to Marsh.

Studios and one- and two-bedroom apartments will be part of the unit mix at The Edge, with…

Kaiser Permanente of the Mid-Atlantic States is planning yet another medical center for Greater Washington.

The Kaiser affiliate, now a few years into an aggressive regional expansion, announced Sept. 7 plans for a new facility in Bowie to support its growing network. The building, which Kaiser will own, is scheduled to open in 2020.

The 45,558-square-foot building at 5404 Hillmeade Road will offer primary care, behavioral health, optometry, pharmacy, laboratory and imaging services, according…

The Light Building redevelopment is set for completion during the second quarter of 2019.

The building that houses the popular Shaw bar The Passenger is up for sale

Herndon-based real estate brokerage firm Calkain Cos. has been retained to seek buyers for the Seventh Street building that is home to the cocktail bar and eatery, which maintains a longterm lease in the building, according to a release sent out Monday.

Offered for sale is the fee simple ownership of building, while The Passenger has built-in rent increases as part of its lease, according to the release.

The property…

Cities have offered billions of dollars in incentives to land Amazon's second headquarters, but the company is adding thousands of jobs in technology hubs around North America anyway.

Amazon.com Inc. has joined the D.C. Chamber of Commerce, a move that further cements the company's presence in a region that is on the short list for the online retail and web services giant's second headquarters.

Vincent Orange, the chamber's president and CEO, told me that Amazon was invoiced in late August for $2,285, the membership cost for companies with between 101 to 200 employees in the District.

“Amazon certainly is a major, major catch for us,” Orange said. “To be able to have them…