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San Antonio RE News

Commercial Real Estate Industry News Headlines | Bizjournals.com

Commercial Real Estate news
  • Fresh Hospitality will open its latest Taziki's restaurant in Nashville's newest office building, in the Gulch. The newest location for the Mediterranean concept will be in the base of the Gulch Crossing office building. Developer MarketStreet Enterprises is the chief investor in the Gulch's revitalization over the last 15 years. MarketStreet announced the new lease on Thursday. The addition of Taziki's adds another element to the Gulch's already-thriving food scene, one that will be especially…

  • The Shoppes at Cutler Bay development may have the green light to move forward after a lawsuit against the town, the project's developer and Publix Super Markets was dismissed last week. The 11-acre mixed-use development, slated for the east side of Old Cutler Road between 208th and 212th streets, was OK'd by Cutler Bay in May 2013, but put on hold after Realty Associates Fund IX, LP alleged that the approval was not cohesive with the town's comprehensive plans. Judge Norma Lindsey dismissed the…

  • Many of Atlanta's low income workers don't live in areas where low income jobs are available, according to a new map by Atlanta Regional Commission. In the map on the left, the purple areas represent the greatest concentration of low-income jobs, or jobs that pay less than $15,000 annually. The map on the right show where workers who make less than $15,000 annually live. Although low-income jobs are scattered throughout the region, low-income workers live in relatively concentrated regions. Many…

  • The two founders of a Bala Cynwyd, Pa.-based business and a Colorado man are facing federal charges over allegations they schemed investors out of $54 million, promising huge returns despite knowing the company had "virtually no earnings [and] no profits," while using the money to repay earlier investors, compensate themselves and make other investments, like purchasing a show horse and supporting an aspiring rap artist's career. Troy Wragg, 34, a former Philadelphia resident, Amanda Knorr, 32,…

  • Grass River Property and Downstream Realty Partners acquired a Wilton Manors apartment and retail property that could be ripe for redevelopment. David Bukstel-managed 2727 Palm Gardens LLC sold the three parcels for $14 million to 2701 North Andrews Property Owner, an affiliate of the Coconut Grove-based developers. Since the $18.42 million mortgage from TH Commercial Investment Corp. was greater than the sale amount, that indicates significant improvements are likely planned for the properties. Grass…