Washington DC Area Commercial Real Estate News

Executive Voice: Former NC State, NFL star now tackles real estate

by Evan Hoopfer
Thu, 27 Jan 2022 15:00:00 +0000

Dewayne Washington is a Triangle legend for his playing career at Northern High School in Durham, N.C. State University and multiple NFL teams. Now, he's a major player in another industry entirely.

https://www.bizjournals.com/triangle/news/2022/01/27/dewayne-washington-nsv-development-wilson.html?ana=RSS&s=article_search

Monthly indices show Omicron variant slowed office demand again at end of 2021

by Ashley Fahey
Thu, 27 Jan 2022 14:43:59 +0000

Several monitors of national office-space demand saw a year-end dip, owed in large part to the rise of the Omicron variant.

https://www.bizjournals.com/bizjournals/news/2022/01/27/omicron-variant-office-demand-slowed.html?ana=RSS&s=article_search

Lender acquires downtown Glens Falls building for $4.88 million

by Robin K. Cooper
Thu, 27 Jan 2022 14:18:12 +0000

The building generated steady financial returns for years until it ran into problems with a tenant who was unable to pay rent during the Covid-19 pandemic.

https://www.bizjournals.com/albany/news/2022/01/27/florida-lender-acquires-building-in-glens-falls.html?ana=RSS&s=article_search

HCA Healthcare to build 5 hospitals in Texas

by Joel Stinnett
Thu, 27 Jan 2022 14:15:08 +0000

HCA Healthcare already has more sites of care in Texas than almost any other state, with 45 hospitals and 632 affiliated sites of care. Also included with this story: Our latest list of the largest hospitals in the region.

https://www.bizjournals.com/austin/news/2022/01/27/hca-to-build-five-new-hospitals-in-texas.html?ana=RSS&s=article_search

Vornado teams with Sharebite on contactless food delivery for office tenants

by I-Chun Chen
Thu, 27 Jan 2022 14:10:00 +0000

Vornado’s tenants can get food delivered from Sharebite’s network of restaurant partners.

https://www.bizjournals.com/newyork/news/2022/01/27/vornado-sharebite-team-on-food-delivery-to-offices.html?ana=RSS&s=article_search

Model Y, battery cell production underway at Tesla's Austin-area factory

by Kathryn Hardison
Thu, 27 Jan 2022 13:53:36 +0000

Vehicle assembly is underway at the plant east of the Texas capital, and the company confirmed it is building battery packs as well. These are major milestones for Tesla, which broke ground on the facility broke ground on the facility about a year and a half ago. They also represent something bigger for Austin: A chance to be a national leader in the nascent electric vehicle industry.

https://www.bizjournals.com/austin/news/2022/01/27/tesla-earnings-report-fourth-quarter.html?ana=RSS&s=article_search

New timeline, contractor revealed for St. Elmo condos

by Michelle Pitcher
Thu, 27 Jan 2022 13:50:24 +0000

The Station at St. Elmo, the South Austin condominium project that notably sold out in just five hours last year is starting to take shape, and the team behind it has revealed new details on timing and project partners. Get the latest, plus a data-filled list of condo projects in the area, including the companies behind them.

https://www.bizjournals.com/austin/news/2022/01/27/station-at-st-elmo-update.html?ana=RSS&s=article_search

Illinois to explore statewide standards for warehouses after Amazon warehouse collapse

by Diana Barr
Thu, 27 Jan 2022 13:24:55 +0000

The Illinois Legislature will consider possible statewide standards for warehouse construction, following the collapse of an Amazon warehouse in Edwardsville during a tornado in December.

https://www.bizjournals.com/stlouis/news/2022/01/27/illinois-to-explore-statewide-warehouse-standards.html?ana=RSS&s=article_search

PHOTOS: South End's latest office development breaks ground off East Boulevard

by Liz O'Connell
Thu, 27 Jan 2022 13:10:00 +0000

Stiles Corp. and Shorestein broke ground for 110 East, a 23-story office development in South End, on Jan. 26.

https://www.bizjournals.com/charlotte/news/2022/01/27/110-east-office-tower-breaks-ground-in-south-end.html?ana=RSS&s=article_search

Tri Borough Management
1509 Dodona Terrace
Unit 205
Leesburg, VA 20175
 
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