Associated Builders and Contractors

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  • Economy Watch: CPI Stable in June

    The cost of energy declined again in June, falling 1.6 percent, which offset an increase for all items besides food and energy, according to a recent Bureau of Labor Statistics report.

    National 18 July 2017 13:29
  • Construction Industry Backlog Up

    The amount of construction work under contract but not yet completed rose to nine months, according to the Associated Builders and Contractors latest Construction Backlog Indicator, implying expanding demand for construction services, or a shortage of construction labor in a few markets.

    National 27 June 2017 13:12
  • Economy Watch Weekly: Job Creation Rebounds in April

    The U.S. economy created 211,000 jobs in April, a nice improvement from the mere 79,000 jobs created the month before. Economy Editor Dees Stribling breaks down the job growth by sector.

    National 09 May 2017 14:33
  • Economy Watch: Construction Employment, Costs Pushing Upward

    The March construction unemployment rate was the lowest on record, matching the 8.4 percent rate in March 2001, according to Markstein Advisors Chief Economist Bernard Markstein, who conducted the analysis for Associated Builders and Contractors.

    National 04 May 2017 13:28
  • Economy Watch: Office, Hotel Investment Has Recovered; Retail Has Not

    In the first quarter of this year, non-residential investment increased at an annualized rate of 9.4 percent, according to Bureau of Economic Analysis data. And while the hotel and office sectors have more-or-less recovered to their pre-recession levels, the retail category is facing challenges.

    National 03 May 2017 12:52
  • Economy Watch Weekly: Is the CRE Industry Too Hot?

    With total U.S. construction spending on the rise and student housing investment gaining ground, some CRE experts are wondering if the industry is overheated. Economy Editor Dees Stribling weighs in on this question and more.

    National 04 April 2017 13:59
  • Economy Watch: Construction Companies Fairly Confident About the Future

    Optimism among U.S. construction contractors dipped in the second half of 2016, but the majority of them still expect to see growth this year, according to the Associated Builders and Contractors' latest Construction Confidence Index.

    National 31 March 2017 13:36

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    Health insurance provider Garrett Laughlin will relocate from its current home on East Broward Boulevard, while auto parts seller WBR Group and law firm Adams and Reese will open their first offices in the city.

    12 June 2017 13:30
  • M-M Properties Lands Refi Loan for Houston Tower

    Designed by Phillip Johnson and John Burgee, the 56-story, 1.2 million-square-foot 700 Louisiana is currently 90 percent leased. HFF secured the loan on behalf of the borrower.

    22 September 2017 16:00
  • Brennan Buys Multi-State Industrial Portfolio

    The purchase of three properties in Chicago, Indianapolis and Bakersfield, Calif., caps a busy year for the group, which now owns more than 28 million square feet of space in 23 states.

    07 September 2017 11:19
  • Manhattan Retail Condo Commands $25M

    Rubie's Costume Co. purchased the 26,401-square-foot space that is currently fully occupied by New York City’s largest costume store. The sale included an additional $12.5 million loan assumption.

    31 July 2017 13:31
  • Cleveland-Area Massive Project Lands $49M in Financing

    Preston Hollow Capital completed financing of Pinecrest, a $240 million development currently underway in Cleveland’s suburb Orange Village. Developer Fairmount Properties plans to complete the project by mid-2018.

    13 April 2017 14:12
  • Historic Baltimore Mixed-Use Asset Changes Hands

    Clipper Mill comprises approximately 141,000 square feet of former mill buildings that were converted into Class A apartments, creative office and artisan space.

    31 July 2017 14:00
  • Economy Watch: Fed Sure of Economy, Raises Rates, Promises Asset Sell-Off

    The Federal Reserve unanimously decided to raise rates for the second time in 2017, signaling its belief that the U.S. economy is strong enough to handle more expensive financing.

    15 June 2017 14:55
  • Connell Foley Relocates HQ in NJ

    The law firm moved from its previous suburban New Jersey location, joining another legal tenant at Mountain Development Corp. and Square Mile Capital's newly renovated building.

    29 September 2017 17:15
  • Five Top Factors in Tech Firm Location Choices

    Location, location, location… these five site selection factors always come to the forefront for tech firms of all shapes and sizes.

    11 May 2017 18:49
  • Hines to Redevelop London Office Asset

    The redevelopment of 25 Cabot Square will bring approximately 200,000 square feet of new office space to the market. The project is scheduled for completion in late 2018.

    15 June 2017 16:29