Real Estate Blog

The legal fight between the owners of the Jacksonville Landing and the city escalated on Friday when the Office of General Counsel sent a notice that it was terminating the lease agreement between the two entities.

In a letter addressed to Jacksonville Landing Investments LLC, a subsidiary of Sleiman Enterprises, Assistant General Counsel Christopher Garrett contended that JLI failed to remedy a breach of contract and demanded that the company turn over the buildings to the city as well as provide…

An environmentally friendly option to Home Depot and Lowe's — TreeHouse Inc. — is closing in Austin and the business is reportedly backing away from a retail strategy.

The company posted this message on its website on May 14 about its South Austin location in the Westgate Shopping Center:

After two successful openings in Dallas and Plano, TreeHouse has made the difficult decision to close our Austin location. The Austin store has been invaluable for operational learnings, but is not in an ideal…

Hoping for something bigger than a proposed oil change business, West Allis officials may buy a former Allis-Chalmers building on West Greenfield Avenue to resell to a different buyer.

The investment bank has plenty of middle-market deals in the pipeline, and its managing director who oversees the Texas market said the timing is right for even more M&A activity this year.

Albuquerque, N.M., has the most affordable office lease rates in the nation, according to a new market research report published by Los Angeles-based CBRE Group Inc.

The report found that Albuquerque took the top spot for the cheapest office space at $15.59 per square foot.

Louisville came in second, with an average office lease rate of $17.58 per square foot in the first quarter of 2018, and beat third-place Cleveland's average lease rate per square foot of $18.29.

The top five were rounded…

A total of 23 homes sold for more than $1,000,000 in the first three months of 2018, according to data reported in the Business Times Leads section.

The most homes were in the Sewickley area, with 11 sold. There were three in the East End: one in Shadyside, one in Squirrel Hill and one in North Oakland. Three were in Marshall Township and nearby southern Butler County. Three were in the South Hills: two in Upper St. Clair and one in Peters Township.

For a tour of the homes sold, click on the image.

The…

A 17-room estate in east Mequon featuring a 15-foot sport bar and dance floor in the lower level is on the market for $1.18 million.

Built in 2003, the 7,128-square-foot house also includes four bedrooms, five bathrooms and multiple fireplaces. The entry has “parquet birch floors” and the open-concept kitchen includes a wine bar.

The home, inside The Highlands neighborhood at 12855 Birch Creek Road, was previously priced at $1.29 million in the fall of 2017, but the owners reduced the price on…

West Allis officials will consider spending up to $36.8 million supporting Cobalt Partners' planned redevelopment of 23 acres around South 70th Street.

Plans for senior apartments in South Sacramento face an uncertain fate, after the city planning commission went against its staff's opinion last week and voted to recommend the project's approval.

Gov. Larry Hogan issued a state of emergency on Sunday after heavy rainfall led to massive flooding in Ellicott City, Baltimore and many other areas of the state.

Flash floods ravaged Ellicott City's historic downtown for the second time in less than two years, causing widespread damage to a downtown that just recently bounced back. Footage of the floods showed water racing down Main Street with debris and cars amid the flood waters.

Once again, widespread damage was reported amid businesses hit…