Real Estate Blog

Despite struggles in recent years to build its workforce, the Ohio construction industry is seeing slightly higher employment numbers this spring.

The Associated General Contractors of America reported an increase in construction employment rates across 42 states and the District of Columbia within the past year. Additionally, 28 states added construction jobs between April and May of this year.

Ohio added 6,000 jobs within a month, the most the study saw from a state in an individual month.

Within…

Bank of the West's operations center at the Fountainhead development in Tempe opened in October 2017 and was part of a GPLET deal.

The Schomp Automotive Group has purchased three franchises from the Shortline Automotive Group, an acquisition that will make it the largest family-owned automotive business in the state.

“This is the next major milestone in the life and legacy of the Schomp Automotive Group, increasing our brand portfolio by 75 percent and welcoming more than 180 new teammates,” Aaron Wallace, who leads the Schomp Automotive Group, said in a news release on Wednesday.

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Schomp, based in Highlands Ranch, will add the Subaru, Hyundai and Mazda franchises from Aurora-based Shortline to its Honda, BMW and MINI franchises in the met..

Workers at Marriott International hotels in Boston protested at the hospitality giant’s local properties on Wednesday, demanding higher pay and stronger sexual harassment protections from the company.

Marriott (Nasdaq: MAR) workers protested in cities across the country, including Philadelphia, Seattle and San Francisco. They were organized by Unite Here, a union for hotel and hospitality workers. Marriott properties in Boston include the Boston Marriott Long Wharf and the Boston Marriott Copley…

Malu Investments LLC purchased a one-acre property at the corner of Kapolei Parkway and Keoneula Boulevard in the Ocean Pointe subdivision in April for $1.5 million.

The original goal was to have at least 35 retail leases by the middle of the year. As of June 1, however, the Transbay Center had zero.

Indian Pueblos Marketing Inc. announced Wednesday that a new concept by a well-known local restaurateur and a national hotel chain will join the Avanyu Plaza development on 12th Street.

Local restaurateur Myra Ghattas, well-known for her Slate Street Café, will open a new restaurant at Avanyu Plaza, next to Laguna Burger. Ghattas will name the restaurant Sixty-Six Acres, a tribute to the original allotment of land provided for Indian boarding schools, on which Avanyu Plaza sits, according to a…

EverWest Real Estate Investors picked up a 277,784-square-foot Burlingame office campus for about $109.7 million or about $395 per square foot, according to sources familiar with the deal.

The seller in the deal, Burlingame Bay LLC, bought the buildings, at 555 and 577 Airport Blvd., for $90 million or about $324 per square foot in 2015, according to property records.

“We’ve been targeting the Peninsula for a while now,” said Ryan Madson, who oversees EverWest’s Northern California and…

The University of Minnesota Foundation wants to control the type of development that happens just south of TCF Bank Stadium, but gaining such power isn't coming on the cheap.

The 523-employee pet insurance company said it thinks owning the five-story building will reduce its fixed expenses.