With pricing down 19% from its 2022 peak, the U.S. commercial real estate sales market is starting to come back to life, Bloomberg News reported. One reason is that lenders and owners want to cut their losses and make new…
New York City-based fashion brand Alex Mill has signed a lease at Rockefeller Center, slated to open holiday 2024. Alex Mill’s new location at 1 Rockefeller Plaza will be the brand’s third brick-and-mortar store, spanning approximately 1,752 square feet. The brand was founded in 2012 by Alex Drexler, with…
Universal Health Services (UHS) is putting together a $20 million investment to establish a new emergency center in Washington, D.C.’s Ward 7, as part of the ongoing transformation of the Fletcher-Johnson campus. This endeavor originates from a 2018 pact between…
Vision Hospitality has purchased a quarter-acre lot in Raleigh’s Glenwood South in order to build a Moxy hotel. The Triangle Business Journal reports Vision paid $4.6 million for the parcel. Turnbridge Equities was the seller. Turnbridge paid $3.7 million for…
In most towns, siting a gas station is a pretty ho-hum matter. But in the North Carolina town of Mebane, if that gas station is to be a Buc-ee’s, it’s a pretty big deal. Nearly 100 people were on hand…
When Paul Nair opened the first location of his upscale neighborhood grocer, Savi Provisions, in Atlanta’s Inman Park neighborhood in 2008, he didn’t realize he was on the cutting edge of a trend that has begun to reshape retail markets from the suburbs…
Paint giant Sherwin-Williams is not moving its corporate headquarters to Dallas-Fort Worth. The company confirmed Thursday it will remain in Ohio and construct a new headquarters in Downtown Cleveland. Bisnow/Vanessa Infanzon The paint manufacturer also intends to develop a major research and development facility…
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