Arlington board votes against declaring Rosslyn's Wilson School 'historic'

Just because it’s 105 years old doesn’t mean it’s historic. That’s the conclusion of the Arlington County Board, which Saturday voted against declaring Wilson School a historic building, The Washington Post reports.

That paves the way for its demolition, which is on the wish list of Penzance Cos. as it looks to construct a mixed-use development, fire station and park at the top of the Wilson Boulevard hill. Penzance is looking to merge its 1555 Wilson Blvd. property into a new 17-story office building,…

BlackRock takes loss on sale of Boca Raton office buildings

The Glades Twin Plaza office complex in Boca Raton sold for $23.75 million to a Dallas-based firm.

Glades Twin Plaza Tower, an affiliate of BlackRock Realty Advisors, paid $25.6 million for the buildings at 2300 W. Glades Road in 2006 so it took a loss on the deal. The two buildings totaling 104,926 square feet on 5.3 acres were acquired by L&B CIP Glades Twin Plaza, an affiliate of Dallas-based L&B Realty Advisors, which manages real estate investments for institutional investors and wealthy individuals.The…

One of Tampa Bay's last remaining Albertsons stores to close

Albertsons is closing one of its last remaining grocery stores in Tampa Bay.

The Idaho-based grocer notified the state on Monday that it would lay off 86 employees from the Clearwater store at 2170 Gulf to Bay Blvd. An employee who asked not to be named said the store would close “on or around” May 28, the date specified on the layoff notice.

A request for comment from an Albertsons spokeswoman was pending return Monday morning.

Albertsons’ other Bay region location is in Largo. Its website also…

Hyde Park, Roselawn leaders push back against 'commercial creep'

“Commercial creep” was the dominant theme of Friday’s meeting of the Cincinnati City Planning Commission.

The commission chose to table a zoning change request by Stagnaro, Saba & Patterson Co. (SSP) to rezone a property at 3443 Zumstein Ave. in Hyde Park from single-family residential use to office use, which would allow the firm to relocate four of its 13 employees from its adjacent office to the building’s first floor.

The zoning change was opposed by the Hyde Park Neighborhood Council,…

BB&T sells former HQ building for $21 million

Nearly three years after acquiring BankAtlantic, BB&T (NYSE: BBT) has sold the former headquarters of the Florida-based bank for $21 million to Integra Investments of Miami.

The two-story, 185,000-square-foot building sitting on 14 acres boasts two gymnasiums, an “atrium-style” cafeteria, an employee health center and hurricane-impact glass.

BB&T didn’t respond immediately to a request for comment on the sale.

The building has been sitting empty since Winston-Salem-based BB&T acquired BankAtlantic…