Sam’s Club plans to open about 15 new stores annually in the coming years while remodeling all of its roughly 600 locations across the U.S., company CEO Chris Nicholas said at an investor day Wednesday.
The Philadelphia office sector is a mixed bag at the moment.
While the return to office and rightsizing trends have been kind to some landlords, others are struggling with stubbornly high vacancy and looming debt obligations. Some say this could be the year ignoring those issues comes to an end.
Real estate investment and development executive Don Peebles and private equity veteran Doug McNeely are launching a fund targeting the country’s oversupply of office space.
The chief executives of both Google and Amazon said this week that their companies will continue their unprecedented spending on data centers and other infrastructure for artificial intelligence despite tariff concerns and lingering questions around the future of AI computing demand.
Department of Housing and Urban Development Secretary Scott Turner is approaching the United States housing crisis with a playbook.
Turner, 53, was an NFL player for nine years and said he has spent his first two months in President Donald Trump’s cabinet reviewing every aspect of his agency’s $70B budget, comparing it to a Monday film session after a football game.
Houston-based clinical-stage biotechnology company FibroBiologics Inc. opened a manufacturing laboratory at 9350 Kirby Drive in the Texas Technology Park.
Europe’s newest designer outlet centres will not just include discounted brand stores but will also feature hotels, wellness and even residential as developers look to expand a retail concept that has proved largely immune to the consumer downturn.
The latest building proposal facing pushback in Boston isn’t for apartments, offices or labs, it’s for a 50-foot-tall facility filled with batteries.
On a 3-acre site on Electric Avenue in Brighton, Flatiron Energy proposed a 62K SF battery energy storage system that has been met with opposition from community members worried it could cause fires. The facility is expected to be the first of many to move forward in Boston as the city looks to electrify its buildings and modernize its grid.
A premier office tower in Manhattan’s Plaza District, 510 Madison Avenue, is on the verge of completing a multimillion-dollar revamp of its lobby, coupled with a reimagining and expansion of its client amenities spaces.
The 345K SF, 30-story boutique building, home to a roster of elite hedge funds and other financial services firms, was a leader in amenitization when first completed in 2010.
“It was the perfect time for a refresh,” says Heather Kahn, senior vice president of leasing at BXP, the building’s owner. “In today’s dynamic marketplace, our clients expect the best, and we’re committed to delivering it.”
BXP’s major capital program for…
As President Donald Trump continued to reveal changes to his tariff policies, the stock market tumbled Thursday, giving back more than half of the gains from Wednesday’s historic rally.
The head-spinning trade policy shifts have roiled markets and brought on a deep sense of uncertainty. In the middle of Times Square, a group of real estate finance executives were attempting to keep their cool and separate the signal from the noise.