Real Estate Blog
Hickenlooper will sign affordable housing bill
A program that gives tax credits to developers building affordable units will be extended.
The College Board taking its Reston space back from Appian
The College Board, a New York City-based nonprofit with a hefty Northern Virginia presence, is expanding within Reston Town Center — into space it already controls — with the financial assistance of the commonwealth.
The organization will move into an additional 74,000 square feet at Boston Properties’ Democracy Tower, 11955 Democracy Drive. The space is currently leased by The College Board and subleased to Appian, but the software company recently announced it will relocate and expand into…
See it now: Memphis company plans housing for Lehigh University
A Memphis-based developer, owner and manager of collegiate housing just had a ceremonial groundbreaking for a future Pennsylvania project.
Lehigh University in Bethlehem, Pennsylvania, partnered with EdR to build the SouthSide Commons. The 428-bed complex will feature studio apartments as well as two-, three- and four-bedroom options. Construction started this spring, and the housing development is slated to open in summer 2019.
To see renderings of the building, click the slideshow.
The facility…
Boutique hotel to break ground in Ybor City (Rendering)
A partnership of Tampa developers has brought a Chicago group on board to move forward with a boutique hotel in Ybor City.
The 176-key, full-service hotel — which first went public nearly four years ago — will celebrate its groundbreaking on Thursday, on a site that's on the north side of Seventh Avenue between 14th and 15th streets.
A hotel flag has not yet been revealed.
The development team is a joint venture between Chicago-based Aparium Hotel Group, the Capitano family and BluePearl…
How to choose the right industrial space for your growing business
If your business has been growing exponentially and your current facility is hindering your company’s growth, it’s probably time to consider a new space. When searching for your next business location, there’s always more to consider than meets the eye.
Timing — Give yourself plenty of time to search and understand what is and isn’t available in your desired market, ideally a minimum of six months before your lease expires. That may seem like plenty of time, but know that tenant improvements…
Commerce Bank opens first office in Houston
The Kansas City-based bank sees big opportunity in the nation's fourth-biggest city. “We have a war chest of capital that we're looking to deploy in Houston,” says Sebastien Solar, who leads the new Houston office.
Milwaukee to team with DOT to sell land near train station, streetcar line
Aiming to maximize the development potential of a vacant block near the Milwaukee Intermodal Station, the city and state of Wisconsin are teaming to put it on the market quickly.
The vacant block is northwest of Fifth Street and West St. Paul Avenue, and represents a combination of city and state-owned land. Past efforts to sell the state land alone didn’t draw any viable proposals, so the two governments now propose teaming up to issue a request for proposals to find a developer to buy and build…
Condo values increased most in these South Florida neighborhoods in Q1
The median condo sales priced surged 56.7 percent in a single year in one of South Florida’s wealthiest neighborhoods.
Data from the Florida Realtors and the Realtors Association of the Palm Beaches and Greater Fort Lauderdale broke down condo/townhouse sales in the first quarter by ZIP code. For the entire tri-county area, the median sales price increased 7.6 percent, to $183,000. Closings were down 1.1 percent, to 10,125.
Click through the slideshow to see which local ZIP codes had the greatest…
$1 billion project breaks ground, huge East Bay housing site hits the market, will BART derail extension to Livermore and more in our weekly real estate digest
Editor's note: The San Francisco Business Times recently launched this weekly real estate digest featuring a round-up of local news items, musings from notable figures, insights from other publications and must-reads from our own newsroom. As always, we'd love to hear what you think and how we can improve. Please email digest editor Emily Fancher ([email protected]) with any feedback, suggestions or possible news items for this feature.
Twenty-five years after it closed, Alameda's Naval…
Site of planned downtown tower sells for $1.6M
An abandoned building sighted for redevelopment in downtown Columbus has sold.
AB 195 East Main LLC bought about an acre of land at 185-203 E. Main St. in downtown Columbus in a transaction that closed Monday. The five parcels sold for about $1.6 million, according to the Franklin County auditor. This is the site where an unnamed developer proposed an eight-story mixed-use development with ground-floor retail and 106 multifamily units earlier this year.
The 78,415-square-foot tower would be…