Real Estate Blog
Stellar Group completes construction of Faribault Foods facility
The Jacksonville-based international construction company, Stellar, has recently completed construction on a 636,000-square-foot facility for Faribault Foods, a subsidiary of La Costeña.
The facility, part of a $100 million expansion of the Faribault Foods campus in Minnesota, opened in September.
Faribault Foods said in a release that it was recording “unprecedented manufacturing efficiencies” due to the new bean-processing facility. The canned foods producer is known for brands such as Sun Vista,…
Regency Centers CEO: Death of brick and mortar retail is ‘greatly exaggerated’
Instead, retail’s future depends on investing in customer experience, bringing in high-quality retailers to shopping centers and integrating technology into the business model.
South Carolina auto group buys prominent Dayton dealership
Dayton's sole Lexus dealership has a new owner in a South Carolina auto group.
Hudson Automotive Group will be entering the Ohio market for the first time with the $10 million property purchase of Lexus of Dayton, located at 8111 Yankee St. in Washington Township. The deal closed April 16, according to Montgomery County property records.
The buyer is listed as Hudson Dayton Real Property Acquisition LLC, which shares a mailing address with the corporate office of Hudson Automotive Group in Charleston,…
Exclusive: Nearly 100-year-old downtown hotel to undergo multimillion-dollar renovation
The hotel has been closed since Hurricane Harvey damaged it.
Famous Toastery to cut ribbon on New York location this summer
Famous Toastery, a rapidly growing breakfast and lunch chain, is preparing to open its first location in New York.
A new 3,700-square-foot restaurant is expected to have its grand opening this summer in Long Island.
Even though the company was launched in North Carolina, the current expansion plan signifies a homecoming for its founders — Robert Maynard and Brian Burchill.
“We're super excited,” Maynard told me. “It's the hometown boys coming back.”
Maynard and Burchill are both native New…
Who wants Amazon the most? What residents in Nashville and other HQ2 cities have to say
Residents of Atlanta, Pittsburgh and Indianapolis appear willing to do whatever it takes to win Amazon’s second North American headquarters. Their cousins in Denver, Austin and Boston? Not so much.
The Business Journals for the first time has partnered with Elon University in North Carolina to conduct an online poll in all 19 of the U.S. regions that, along with the Canadian city of Toronto, remain in the running for Amazon’s “HQ2.” The survey was conducted from March 30 through April…
Sen. Wiener’s housing-transit measure derailed
State Sen. Scott Wiener's bill designed to add 3 million housing units along transit hubs throughout California was derailed by a committee vote.
Proponents envisioned the measure as a way to help solve the housing crisis by upzoning development sites near public transit corridors and stations, such as BART stations in the East Bay, with five-story apartment complexes and condos. The proximity to rail hubs and bus stations was designed as a way to reduce car traffic congestion.
But even the senator…
Who wants Amazon the most? Here’s how Columbus and residents in other HQ2 cities responded
Residents of Atlanta, Pittsburgh and Indianapolis appear willing to do whatever it takes to win Amazon’s second North American headquarters. Their cousins in Denver, Austin and Boston? Not so much.
The Business Journals for the first time has partnered with Elon University in North Carolina to conduct an online poll in all 19 of the U.S. regions that, along with the Canadian city of Toronto, remain in the running for Amazon’s “HQ2.”
The survey was conducted from March 30 through April…
Target rolls out curbside delivery service for online orders in Florida
Target is launching curbside pickup of online orders at stores throughout Florida and Texas.
Known more for leisurely browsing trips in a retail era dominated by convenience, Target said Wednesday that customers will be able to pick up orders placed via its app without ever leaving their cars.
The service is part of Target's ongoing efforts to reach time-crunched, convenience-driven consumers. In 2017, Target (NYSE: TGT) acquired app-based delivery service Shipt, which now offers same-day delivery…
Sen. Wiener’s housing-transit measure derailed in 1st committee hearing
State Sen. Scott Wiener's bill designed to add 3 million housing units along transit hubs in Oakland, San Diego, San Jose and Sacramento was derailed by a committee vote.
Proponents envisioned the measure as a way to help solve the housing crisis by upzoning development sites near public transit corridors and stations, such as BART stations in the East Bay, with five-story apartment complexes and condos. The proximity to rail hubs and bus stations was designed as a way to reduce car traffic congestion.
But…