Real Estate Blog
ThredUp treats Bay Area as ground zero for brick-and-mortar expansion
As name-brand retailers like Gap (NYSE: GPS) and Macy’s have closed hundreds of stores in recent years, online retailer ThredUp is heading in the opposite direction.
Next week, the secondhand clothing startup will kick off its first-ever mall location in Pleasanton following two recent store openings in Los Gatos and Burlingame. More California locations will likely be on the way before the end of 2018, said Heather Craig, head of retail.
In May, the startup downsized from its Broadway Pointe…
Tech talent study ranks Dallas-Fort Worth middle of pack among Amazon HQ2 contenders
Dallas-Fort Worth ranks ninth among the 20 cities in contention for Amazon’s sometimes-coveted HQ2, according to the latest rankings of top tech talent markets.
According to rankings by commercial real estate firm CBRE, Dallas-Fort Worth is outgunned in the tech talent category by, in order, Washington, D.C., Toronto, New York, Austin, Boston, Raleigh-Durham, Atlanta, and Denver when looking only at cities in contention for the project called HQ2.
DFW beats out, in order, Chicago, Columbus,…
Skyscraper planned where Showbox operates near Pike Place Market
Under a plan filed with the city, the Showbox would be demolished to make way for a 44-story mixed-use multifamily tower. The Onni Group is proposing the tower, the latest in a string of skyscrapers in the neighborhood.
Howard Row construction begins with hopes of revitalizing forgotten block
Construction is now underway on five vacant properties along North Howard Street with a plan to restore them to their original early 20th century style — albeit transformed for modern tenants.
The Howard Row project developer, Poverni Sheikh Group, announced the groundbreaking Wednesday alongside the Baltimore Development Corp. and Mayor Catherine Pugh. Grigoriy Kostrikin, vice president of development at Povemi Sheikh Group, said that by next summer the properties will hold five retail spaces…
Lender makes high bid for Hawaii mamaki farm, but more bids expected
The lender who foreclosed on a 25-acre Hawaii mamaki farm on the Big Island was the highest bidder at a public foreclosure auction this month, but the commissioner who conducted the sale expects additional bids at a confirmation hearing.
The assets of Mamaki Tea Inc. and Mamaki Tea Hawaii, including the farm in Wood Valley near Pahala, were auctioned on July 9 in Hilo.
The lender, Southwest Capital Funding Ltd. of Texas, bid $600,000, which was about half of the more than $1.1 million owed, said…
When Sprouts will open; where Topgolf will open its next location and more
A roundup of business news from around Central Florida.
Exclusive: Stonestown inks deals with two new retailers to fill former Macy’s
The proposed overhaul to the former department store was approved by the City of San Francisco just last week.
6 things about the commercial real estate market at mid-2018
Observers from such firms as CBRE Sacramento, Colliers International Sacramento and Kidder Mathews weighed in Wednesday on where various sectors are headed. Here are some highlights from their presentation.
‘This area is a tentpole’: Midas Hospitality breaks ground on $28 million Cortex hotel
See new renderings of the 129-room hotel that's geared toward millennials and young professionals.
‘Uncle Kokua’ sells Hawaii estate for $15M: Slideshow
The seller of the seven-year-old estate in Kailua was real estate investor Marc Paskin, who’s also known as “Uncle Kokua” from a reality show on KFVE by the same name.