Real Estate Blog
Tommy Bahama’s South Lake Union HQ sells in the biggest deal of the year so far
The $338.4 million price works out to $990 per square foot, just short of the Puget Sound region's record $992 per square foot set by a nearby property sale this spring.
Travis County identifies new courthouse location, developer
Travis County will negotiate with a developer to build a new courthouse at 1700 Guadalupe St.
County Judge Sarah Eckhardt announced Tuesday she had signed an exclusive negotiation agreement for a development team to build a courthouse for the government's civil and family courts.
A team comprised of Hunt Development Group LLC, CGL Companies, Hensel Phelps Construction Co. and Gensler would design, develop and construct the new courthouse.
The 1.46-acre site is bound by West 17th Street on the…
Four Seasons Lanai applies for $5M in building permits for spa, fitness facilities
The Four Seasons Lanai has applied for 10 building permits worth about $5.3 million with Maui County for its two island properties: The Lodge at Koele and Manele Bay.
The permits include construction for nine spa buildings at The Lodge and a new, $785,000 fitness facility at Manele Bay. Lanai Builders is listed as the contractor for all projects.
The spa buildings are part of The Lodge’s long-planned expansion and upgrade that will reduce the hotel’s room count and rebrand it as a destination…
Sternberg: ‘The pressure’s been enormous to just fold up tent and go elsewhere’ for new Rays stadium
For the Tampa Bay Rays to play their opening game of the 2023 season in a glass-domed ballpark in Ybor City, construction would need to begin by late spring 2020.
That deadline — 2023 is when the team “would like to see this get done,” team owner Stuart Sternberg said — gives the team and public officials a year-and-a-half to hammer out the most critical piece of a new Major League Baseball stadium in Tampa: The financing of the $892 million ballpark, which will depend in part on some sort of…
WeWork to open second downtown San Jose location, double capacity in city
The new office, which will span four floors in a tech-filled office complex in San Jose's growing core, will double WeWork's desk-count in the city's downtown.
WeWork’s expanding empire settles into the Power + Light Building (Photos)
Kevin Long, CEO and co-founder of the Portland campground review company The Dyrt, said that his company has more user-generated photos and reviews of campgrounds than anyone else in the world. And part of the reason The Dyrt has achieved that is because the company doesn’t have to worry about taking care of or looking for office space.
Instead, The Dyrt has made its home in the Portland co-working spaces of WeWork, leaving the details of the setting to someone else.
“We don’t have to…
Will Caltrain finally push for housing around its stations?
Caltrain serves dozens of transit hubs from San Francisco down to Gilroy, but only one apartment project has been completed on its land.
Dozens of new homes planned near UC Davis Medical Center
Another developer is planning dozens of homes on the former state fairgrounds property near UC Davis Medical Center in Sacramento.
Bay Area’s booming economy shows no sign of slowing down, but residents struggle to keep up
If the Bay Area were a country, it would have the 19th largest economy in the world after the Netherlands and ahead of Switzerland, according to a detailed new report from the Bay Area Economic Institute think tank.
By almost any measure, the region’s economy is booming. The Bay Area churned out a whopping of $748 billion gross domestic product in 2017 and hit an annual growth rate of 4.3 percent during the past four years — nearly double the nation’s growth rate.
“Not only is the regional…
Phoenix sees sharp increase in families renting rather than buying homes
It's not only singles putting their dreams of owning a house on hold.
The Phoenix metro has seen a 42 percent increase in families with children renting during the past decade, according to RentCafe, a nationwide apartment search website.
This increase translates to 70,000 more families who are renting, according to data from the report. The report also shows the number of families that owned homes in Phoenix dropped by 12 percent during the past decade.
Nationally, one of the most surprising…