Real Estate Blog
Alabama real estate firm partnering with private equity firm to boost investment
An Alabama real estate investment company is joining forces with a Charlotte-based private equity firm to boost investments.
Mobile-based Burton Property Group announced it is partnering with SilverCap Partners, according to AL.com.
The move increases Burton's investment dollars to $125 million, which the company will use in development projects over the next two to three years.
Burton manages $200 million in properties.
As we've previously noted, real estate investment firms have been very active…
Industrial sale sets new high price for Honolulu neighborhood
The price works out to $220 per square foot, a new record for the I-2-zoned land, said CBRE.
Salesforce unveils new offices in San Francisco’s tallest building, Salesforce Tower
Now that Salesforce.com (NYSE: CRM) has had few months to settle in its new offices in Salesforce Tower in San Francisco, executives decided it was time to fete the building.
The enterprise software maker moved the first 800 workers into the $1 billion tower, the tallest building in San Francisco, starting in January. The move marked a major milestone in the evolution of San Francisco’s Transbay district.
During a ribbon-cutting ceremony, speakers talked about how the tower has emerged as a…
Sears closing one of last two Kmart stores in Hawaii
Sears said it will close one of its last two Kmart stores in Hawaii this summer.
The affected store in Kailua-Kona initiate the liquidation process last week.
The store at 74-5465 Kamakaeha Ave., next to the Regal Makalapua Stadium 10 Movie Theatre and Macy’s, will remain open until it closes to the public by August, according to a Kmart spokesman. The 125,000-square-foot leasehold store is located on 11.3 acres of land owned by the Queen Liliuokalani Trust.
The closing will leave the Lihue…
Exclusive: 23andMe to move HQ, hundreds of workers to new Sunnyvale development
23andMe, which has said it plans to hire hundreds of workers in coming years, confirmed that it will move from its longtime headquarters in Mountain View to a new under-development project in Sunnyvale.
MSPBJ 35th Anniversary Q&A: Richard Copeland, from a spray-painted ‘Thor’ truck to a major construction company
“Back in 1980, I got my first loan to buy a vehicle and I thought I had died and gone to heaven,” he recalled in an interview. “I got a 21 percent loan to buy a work truck. I was as happy as could be.”
Agreement clears legal hurdles for El Dorado Hills Town Center apartments
An agreement between development watchdogs, AG Spanos Cos. and El Dorado County appears to clear the way for an apartment project at El Dorado Hills Town Center to move forward.
Downtown building marketed for vertical development
A listing for a historic downtown Sacramento building suggests a new owner could fortify the foundation and go vertical with new residential units.
Vulcan enlists 500 volunteers to build 30 homes for Seattle’s newest tiny house village
Volunteers will build 96-square-foot houses for Seattle's newest tiny house village as the region's homelessness crisis worsens.
Old Delano building to get new life
The two-story brick building on West Douglas was built in 1911 and originally served as a space for the Westside International Order of Odd Fellows.