Southeast

With first-quarter gross domestic product figures due April 26, the surprisingly strong retail report spurred economists to further increase projections.

The offering provides “an open canvas to developers for a multi-year phased development plan with a goal to jumpstart and stimulate redevelopment in the city's Urban Core,” the city states.

The mixed-use development will include 232 five-star hotel rooms, luxury for-sale residential units, approximately 10,000 square feet of retail space and a 368-space parking garage. Both the hotel and the for-sale residential units will be branded and operated by Four Seasons Hotels and Resorts.

The New York City-based global investment firm says it will begin operating as a corporation effective July 1. The firm also reported its first quarter financial results that indicated Blackstone's assets under management now exceeds $512 billion, up 14% year over year.

Initial plans for the property in northern Baltimore County include further redevelopment of the former two-story Sears building and auto center located behind Wegmans.

InvestReal enables investors and developers to connect, research locations and validate projects in one place.

The Treasury Department clarified that leasing can meet the act of conduct requirement of a business.

Atlanta saw 8.2 megawatts of net absorption in 2018. The city currently has a data center inventory of 126.8 megawatts, with 14 megawatts available that calculates out to an 11% vacancy rate.