Regions
Stryker Co. Invests $130M in New Facility in Michigan
The opening of the new facility will create more than 105 jobs.
JV to Deliver 367 KSF Industrial Park in Charlotte
By Laura Calugar Charlotte, N.C.—A partnership between real estate investment firms Foundry Commercial and Thackeray Partners recently announced the development of a 367,000-square-foot project in Charlotte’s Southwest submarket. The project will consist of two Class A warehouses, to be known as SteelePoint. The new industrial park will capitalize on dynamic market fundamentals, including single-digit vacancy, strong user demand and limited new supply. SteelePoint will be located near the intersection of Steele Creek Road and Westinghouse Boulevard. Foundry closed on four parcels totaling 25 acres from two different sellers, which will allow SteelePoint to offer access from both Steele Creek and…
Vivial Expands Dayton Operations
Following the expansion, the company plans to sell its SaaS Platform at the new outbound call center in order to address the growing demand for Vivial’s services.
Executive of the Year Spotlight: David Simon
The retail REIT expanded its footprint through strategic redevelopment.
Vornado Pops Up in Metro DC
The company has converted a segment of The Bartlett into a pop-up hotel just in time for Inauguration Day.
Meridian Group Sells Tysons Tech Center for $96M
The campus features a 199,560-square-foot office and data center and an additional 79,890-square-foot office building.
Japanese Owner Emerges for Google-Anchored Hercules Campus in LA
The tech giant plans to break ground on an adaptive reuse project that will transform a historic airplane hangar into office space.
OMP, YouthBuild Paid Internship Helps Unemployed Young Adults Rebuild Their Future
The program aims to help unemployed young adults gain new skills and find jobs in the construction industry.
Economy Watch: More Indications of Increased Consumer Confidence
The Conference Board Consumer Confidence Index increased for the month of December, indicating Americans are feeling better about the economy—at least for now.
Yardi Matrix: Baltimore’s Downtown Surge
Benefiting from demand in core submarkets and the proximity to Washington, D.C.’s more dynamic but less affordable market, the metro continues to display stable fundamentals.