Los Angeles-based Preylock Real Estate Holdings has a contract to buy Tower 1 at West Main from Vulcan Real Estate for $340 million. The 17-story office building in Downtown Bellevue is fully leased to Amazon. The sale has not closed yet and…
The real estate moguls who own the century-old Phelan Building have stopped paying off their loan. A century-old flatiron building that’s a Market Street landmark has defaulted on its mortgage, according to city tax records. The owner of the Phelan…
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 19-plus years’ experience covering the commercial real estate industry and 35-plus years in business-to-business journalism. In this capacity, he oversees daily operations…
The Fort Myers City Council has agreed to put about $1.9 million toward a $5.9 million welcome center at Edison and Ford Winter Estates and signed off on a letter guaranteeing the Estates’ construction loan. The guarantee passed 5-1. Council Member Terolyn Watson…
Crain's New York Empire State Building taps former FanDuel exec to turn around faltering observatory Gov. Kathy Hochul's administration has shown a willingness to explore reforming the state's Scaffold Law, a lightning rod issue that has been discussed for years.
Gulfshore Business Fort Myers City Council meets Nov. 2, when members voted 5-1 to approve a new welcome center at Edison and Ford Winter Estates. The $5.9 million project includes $1.9 million in city funding, increased borrowing authority and a construction loan guarantee. There…
News | Ex-FanDuel executive to lead Empire State Building’s observatory business CoStar Ex-FanDuel executive to lead Empire State Building’s observatory business - Anthem Properties appoints David Pearson as president --------------------------------------------------------------- - Bally’s hires Saks veteran to guide real estate strategy --------------------------------------------------------------- - Vanessa Roux-Collet makes her…
CHEYENNE, Wyo. — Work to repair the fire-damaged Historic Pumphouse in downtown Cheyenne began this week after the Cheyenne City Council approved an emergency funding procurement on Oct. 26. With winter weather posing an additional threat to the exposed building interior, work…
Martin Luther King Jr. Boulevard and several other streets will be undergoing construction to add additional street lighting, sewer infrastructure and outside furniture. Views looking down Martin Luther King Jr. Boulevard towards downtown Fort Myers, an area expected to undergo…
CBRE announced the sale of Carnegie Point, a 108,931-sq.-ft. Class A office property located at 6101 Carnegie Blvd. in Charlotte, North Carolina, to Endeavor Real Estate Group. CBRE’s Patrick Gildea and Matt Smith represented the seller, Redline Property Partners, in…
Projects and the delays they bring.
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