Washington metro area industrial market fundamentals remain relatively tight in the first quarter of 2023. Rental rates in Northern Virginia, in particular, have continued increasing at a steady pace and now exceed $15 per square-f…https://t.co/wlQtrvybzi https://t.co/Jcbsx017Xo
Newmark (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a…https://t.co/ALkReW92cD https://t.co/HxccIJ7Wlt
There’s been a clear movement of people and companies from the North and Midwest to the South, as CRE professionals have been aware. The trend has been strengthening for years, even before the pandemic. And now there’s evidence tha…https://t.co/Td2Z2eskad https://t.co/aGjO5bi31z
For the fifth time in nine years, an apartment complex in western Henrico is once again in the hands of a new owner, after being unloaded by the same out-of-town firm that’s leading Richmond’s Diamond District redevelopment.
The 15…https://t.co/idPSQ7Nb85 https://t.co/VoSGWQiFvC
1ST TIER MARKETS - As the late writer Mark Twain said, “If you don’t like New England weather, wait a few minutes.” The same might be said about annual apartment absorption in different markets of the country. In fact, shifts in ab…https://t.co/EkvPUl1eeM https://t.co/zYEn4qJtHT
DEBARY, FLA. — Mosaic Development, LLC has purchased 13.1 acres of land in Debary, roughly 23 miles north of Orlando, for the development of the first phase of a mixed-use project to be located immediately north of the city’s SunRa…https://t.co/0bXPHJuaiS https://t.co/u8sVXiv0uv
RaceTrac to acquire Gulf Oil locations across the U.S.
RaceTrac’s wholly owned fuel supply and trading subsidiary Metroplex Energy has signed an agreement to acquire Gulf Oil LLC. The move would be the convenience-store operator’s…https://t.co/JUoAmzQSZv https://t.co/THE7NCneNB
Franchising industry holds its breath as FTC takes a closer look at regulations
KEY POINTS
* The franchising industry is awaiting the outcome of a Federal Trade Commission review of practices in the sector.
* Last month, the FTC wr…https://t.co/AUYI8t2Jn7 https://t.co/J587aI2Fvl
RICHMOND, VA - Two local big-box retail buildings are about to go dark.
The Walmart Neighborhood Market at 5221 Brook Road in Northside will be shuttered on July 28, according to company spokeswoman Felicia McCranie.
And over in we…https://t.co/uZtatM20rR https://t.co/T00fgU6sYl
MIDLOTHIAN, VA - Sauer Properties, Inc., after losing the namesake retailer at one of its local shopping centers, is turning to residential redevelopment as a means to inject new life into the property.
The Richmond-based landlord…https://t.co/EF98EDCgAN https://t.co/8LR3jJL1D5
A heightened demand for car washes can be attributed to a growing population, increased car ownership, and a focus on vehicle maintenance and appearance.
As a result, lenders have recognized the potential profitability of car wash…https://t.co/LVXZQyUWvD https://t.co/zCQx0zUmr5
The U.S. Department of Housing and Urban Development has begun offering $4.8B in direct loans and grants in a new program that will fund energy-efficient and “resilient” renovations for HUD-assisted multifamily properties.
The new…https://t.co/tatV0WCUxQ https://t.co/jsvtJaUXsd
LaSalle Investment Management and UDR - Opening Doors to your future announced the completion of a multifamily joint venture valued at approximately $510 million. The two companies are initially starting with a seed portfolio of fo…https://t.co/64CMgrA1IR https://t.co/YOj4PJrdZR
BAY AREA , CA - Developers have lined-up to build high-density builder’s remedy housing in some of the toniest Zip Codes in the Bay Area, bedroom communities where every home fetches prices well in excess of $1M.
Since California i…https://t.co/2xBLja1tsH https://t.co/zn3QqgxVLv