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  • Economy Watch: Economy Adds 209K Jobs in July

    July was a fairly good month for job growth, with employment increasing in food services and drinking places, professional and business services, and health care, all of which spur commercial space absorption, according to the Bureau of Labor Statistics.

    04 August 2017 13:27
  • Positive Momentum in Atlanta

    A rapidly rising population is adding to the city’s congestion issues, but also fostering demand for apartments and pushing rents higher. Rents were up 2.9 percent to $1,108 as of May, and Yardi Matrix forecasts a 3.5 percent increase in 2017.

    02 August 2017 06:45
  • Economy Watch: Apartment Supply Not Keeping Up with Demand in Most Markets

    Out of the nation's 50 largest metros, only 10 have enough new housing supply to keep pace with job growth, according to a new report from Apartment List, indicating that a lack of new construction is contributing to the affordability crisis in many parts of the country.

    28 July 2017 13:04
  • Chinese Manufacturer to Invest $11M in First SC Plant

    China Hengshi Foundation Co. is locating new operations in Richland County. The facility is expected to create a little under 50 jobs.

    19 May 2017 15:12
  • Savanna Picks Up NYC Office Tower

    The real estate company purchased 19 W. 44th St. from Deka Immobilien GmbH, and plans to invest more than $25 million in renovations at the 300,000-square-foot Midtown property.

    19 October 2017 12:02
  • Irvine Opens New Chicago Office, Makes Promotion

    Beau Rawi, promoted to regional vice president of leasing, together with the company’s Executive Vice President Pamela Van Nort, will lead the team working from the new regional office.

    08 November 2017 18:20
  • Steady Growth Cultivates Building Boom in Columbus

    Rents are escalating due to steady employment gains and net in-migration, driven by activity associated with Ohio State. Average rent reached $876, well below the national figure of $1,316.

    08 August 2017 07:12
  • Shea Nabs 7 Leases at San Diego’s Mercado del Barrio

    The new leases totaling 15,600 square feet bring the occupancy of the retail section of the project to 93 percent. The $80 million development was created in 2013 to help revitalize and preserve Barrio Logan’s cultural legacy.

    28 August 2017 13:56
  • Economy Watch: FedEx to Handle Record Number of Packages

    Further evidence of e-commerce's booming sales growth, FedEx is adding 50,000 seasonal workers and investing $1.5 billion to enhance its delivery efficiencies to handle an expected record volume of packages this holiday season.

    08 November 2017 14:13
  • Gilbane Opens New Tampa Office

    The new location will serve as Gilbane Building Co.’s seventh Florida office and allows the company to better serve clients and partners.

    10 May 2017 18:02