Contractors for Clancy and Theys Construction Company and JDavis Architects work on installing hundreds of cables in the breaker box April 20 at Lincoln Apartments, on the corner of East Martin and Camden streets in Raleigh.
The new apartments being built in the Albany, New York region will satisfy just over half of the anticipated demand for rental units over the next three years, according to a report by the U.S. Department of Housing and Urban Development.
That’s welcome news for developers, builders, lenders and property owners as the multi-family sector remains robust across the region, with hundreds of units under construction or in the pipeline.
HUD estimates demand for 2,690 new, market-rate rental units over…
Another retailer is joining the growing line-up at Oakley Station.
The Tile Shop, a specialty retailer of manufactured and natural stone tiles, signed a 10-year lease for nearly 15,000 square feet of space next to the under-construction Kroger Marketplace. Tile Shop is one of three “junior anchors” at the retail portion of Oakley Station.
In retail, an anchor store is one of the larger stores in a shopping center. In Oakley Station’s case, that’s Kroger. A junior anchor is a smaller store…
Both Gov. Terry McAuliffe and Sen. Mark Warner’s offices confirm that the Virginia Democrats are working hard to entice Harris Corp. to move its headquarters to the commonwealth from Florida.
Harris (NYSE: HRS) again confirmed in a Q&A document filed with the Securities and Exchange Commission April 17 that a headquarters move from Melbourne, Florida, remains on the table as a possibility after its acquisition of McLean-based Exelis Inc.(NYSE: XLS) closes in June.
In response to employees who…
Retail real estate firm Edens has purchased the Myers Park Center, a Harris Teeter-anchored retail development at the corner of Providence and Queens roads, for $22.5 million.
The 75,000-square-foot center is anchored by the two-story, 42,000-square-foot grocery store, which opened in 2013. Other retail tenants include Lumiere, Charlotte Rug House, Charlotte Ultra Running, Splurge, Myers Park Nails & Spa and Fancy Pants & Tootsies Too.
The sellers of Myers Park Center were two companies managed…