The city of Charlotte has maintained a strong retail market, with smaller spaces proving to be especially competitive within the sector over the last year. Charlotte ranked first among the top 43 U.S. retail markets with at least 100M SF…
Courtesy of Jackson-Shaw Jackson-Shaw Founder Lewis Shaw II passed away at 82. Lewis Shaw II, who founded Dallas-based Jackson-Shaw and grew it into a major national player that has completed 63M SF of development, has died. Shaw was 82 at the time…
Marcus & Millichap closed the sale of BJ’s Wholesale Club, a 91,828-square-foot retail property located at 110 Longview Dr. in Bangor, ME, for $12,460,350. “We received serious interest in this deal from several institutional buyers,” said Adam Cohen, first VP…
First National Realty Partners (FNRP) has acquired Waretown Town Center, an 87,735-square-foot grocery-anchored shopping center located in Waretown, within New Jersey’s Ocean County. This acquisition for an undisclosed sum marks Red Bank, NJ-based FNRP’s seventh shopping center in New Jersey. Waretown Town Center is…
JBG SMITH, an owner and developer of mixed-use properties in the Washington, DC, market, announced that animal hospital provider GoodVets will join the mix of retailers at The Grace and Reva in National Landing. GoodVets, which provides comprehensive veterinary care,…
Newmark Group, Inc. has hired the team formerly with Affordable Housing Advisors (AHA), a leading brokerage team and platform previously housed out of Marcus & Millichap. The Michigan-based team, which will operate as Newmark Affordable Housing Advisors (NAHA), is led…
Two big players in life sciences investing and development, Charlotte-based Trinity Capital Advisors and California-based Foundation Capital Ventures, are seeking to expand nationally and work together on projects. Courtesy of Hanbury Architecture A rendering of Spark LS, a $1B life sciences campus planned…
The National Association of Realtors headquarters at 430 North Michigan Ave. in Chicago. Redfin instructed its brokers and agents to resign from the National Association of Realtors in places where that is possible, according to a statement by the company Monday. As a company,…
Foulger-Pratt has been building apartments and commercial projects for more than half a century, and now the Maryland-based developer is expanding into a new business line: build-to-rent. Courtesy of Foulger-Pratt An aerial rendering of Foulger-Pratt’s build-to-rent community in Brandywine, Maryland. The…
A program funded by the construction industry is taking aim at its longstanding, pandemic-exacerbated labor shortage. BuildStrong Academy, a workforce development nonprofit funded by the construction industry, has rolled out plans to expand nationally, with a goal of training 1 million new trade workers…
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