Real Estate Blog
WC Smith acquires Capitol Riverfront development site from JBG Smith, will advance approved plans
Indeed, WC Smith now has over 1,500 residential units in the works around South Capitol Street.
Valley industrial vacancies rise as buildings keep coming online
The third quarter saw a shift in the industrial sector nationally and in the Valley with a significant increase in vacancies. This came at the same time the nation saw a record amount of industrial space delivered, including in Phoenix.
Raleigh packaging facility to add 100 jobs with expansion
Pactiv Evergreen is planning a large expansion to its warehouse facility in Raleigh to allow for more production.
Still-new The Grove at Clermont apartments sell in Lake County’s most expensive deal of 2023
A still-new property in fast-growing Clermont just sold for a big price tag — far outpacing Lake County's second-priciest deal so far in 2023. See local experts' take on why it fetched such a high price.
D.C. Mayor Muriel Bowser expected to name Nina Albert as next economic development chief
The expected appointee is leaving a federal post on Friday.
7 ways to reduce your commercial real estate costs in 2024
In the final quarter of the year, companies are working to realign spending and improve agility for a brighter 2024. However, many are overlooking a huge opportunity to cut costs using one of their largest expenses: their real estate.
Don’t leave money on the table. By taking advantage of short and long-term opportunities, you can potentially save 25% or more on real estate costs, which can help position your business for post-pandemic success. Read on for seven ways you can cut down on your commercial…
Filling former Whole Foods space in Midtown Houston apartment building presents big challenges, experts say
Whole Foods in Midtown has closed after opening just four years ago. Retail brokers say the space — located under an apartment complex — will be difficult to backfill for a number of reasons. Click through to read more analysis about the space's challenges and potential future tenants.
Federal court warns Legacy Development-led entity that it faces six-figure default judgment
A federal court warned a company controlled by Dan Lowe that it faces a default judgment if it doesn't respond to a lawsuit, adding to Lowe's history of ignoring legal action and judgments filed against him.
Worthington Gateway signs several new office tenants
The 78,000-square-foot Worthington Gateway property was developed by Trivium Development, Moment Development and The Witness Group.
Laura Barr, CBRE’s new Americas retail leader, wants to take the industry to new places
Retail is not a zero-sum game, says CBRE's new retail leader. Laura Barr wants all stakeholders to see the potential in working together. “Great retail can be economically accretive on its own and also boost the surrounding product types.”