Every year, we recognize Mental Health Month in May, followed by Construction Safety Week, and each June is recognized as National Safety Month. And while mental health and safety should always be a priority, these months give us a chance to step back and reflect on...
Swiss Running Shoe Brand On Opens First Store in NYC
A Swiss sneaker brand that counts Roger Federer among its investors is opening its first store ever on Wednesday in lower Manhattan. On, whose running shoes sell for about $150 to $200 a pair, has made its shoes available in Nordstrom, REI, JackRabbit and other...
Modular Construction Meets Changing Needs in the Pandemic
When the University of Denver reopened for classes this fall, there was a new building on campus next to the student athletics center: a coronavirus testing center created using modular construction. Students and staff can either walk up or drive up to have their...
2020 Year in Review
“Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.” - Margaret Mead Sachse Construction has been giving back to the community since its inception in 1991. From raising more than $1,000,000...
Bed Bath & Beyond Sells Cost Plus World Market
Bed Bath & Beyond Inc. BBBY, -1.14% announced Monday that it has entered into a definitive agreement to sell Cost Plus World Market for an undisclosed amount to Los Angeles-based private-equity firm Kingswood Capital Management. The deal includes 243...
‘This Too Shall Pass’: 43 Real Estate Execs On The Biggest Lessons Of 2020
The last 280 days of the coronavirus pandemic have been unprecedented, unimaginable and tragic in countless ways. From an economic perspective, where we work, where we eat, where we shop — where we do anything — is still mostly in flux. It’s anyone’s guess what will...
Embracing the World of Outdoor Workspaces
The pandemic has permanently changed the way commercial buildings look and function—and the change went beyond their edges and layouts. Landlords, developers, architects and property managers are now observing and analyzing the way office users engage with the...
Public Storage Expands With $528M Portfolio Acquisition
Public Storage has acquired 24 properties with 2.3 million square feet of space from Beyond Self Storage in the first phase of a 36-property portfolio transaction totaling 3.6 million square feet and valued at $528 million. The first phase includes existing properties...
Hospitality Brands Build Back With Customer-Centric Tech
While the hospitality sector awaits another COVID-19 stimulus bill, creativity is in high demand because hotel brands that continue to engage guests in unexpected ways with new and relevant services—even when they are staying at home—will emerge from the pandemic...
Self Storage Rents Continue Strong Rebound
Self storage continued to prove its resilient nature in October, with significant improvement in street rate performance across the U.S. On a year-over-year basis, street-rate rents increased 2.7 percent for the average 10×10 non-climate-controlled and 0.8 percent for...
Apartment Investors Mull Opportunities in Distressed Malls
Apartment dealmakers may find an opportunity to build new apartments around the shells of under-performing or empty regional malls. Hundreds of troubled shopping malls may be seized by lenders over the next year, experts say. “In the current market with the pandemic,...
Amazon Pushes Holiday Shoppers to Pick Up Packages at Stores Amid Potential Delivery Crunch
Amazon is pushing holiday shoppers to retrieve their own packages from brick-and-mortar retail locations and neighborhood “hubs,” as it braces for a surge in online orders. The company said in a statement Monday that Amazon shoppers nationwide can now get their gifts...
NYC Poised for 2021 COVID Comeback with Major Real Estate Developments
Amid rising COVID cases and looming lockdowns, my fellow New Yorkers should take heart — because we will have a greater city to look forward to once this pandemic’s over. Although the flight from the Big Apple, increasing crime, and possible MTA cuts are dominating...
Why Precast Concrete is an Appealing Choice for Student Housing
When it comes to designing and building new student housing, speed is typically of the essence as colleges and universities are eager to get those beds online as quickly as possible. For schools in regions with inclement winter weather, speed takes on additional...
Historic Brooklyn Hotel Reopens as Luxury Senior Community
The first new luxury retirement community in New York City in 20 years has opened its doors. The Watermark at Brooklyn Heights is a joint venture of Kayne Anderson Real Estate, Watermark Retirement Communities and Tishman Speyer. A lending consortium that included...
The ‘15-Minute City’ Could Transform Municipal Planning
The “15-minute city” concept, sprung from academia, is gaining influence in many cities. The model aims to create neighborhoods in which almost all residents’ needs can be met within 15 minutes of their homes on foot, by bike, or on public transit. Under this vision,...
Midtown Manhattan’s Empty Offices Could be Converted to Affordable Housing
With Midtown Manhattan’s office towers drastically under-occupied as employees work from home during the COVID-19 pandemic, some housing advocates foresee new uses for these spaces. A study by commercial broker CBRE found that only 10% of Manhattan workers have...
Mixed Retail-Industrial Uses Present a New Opportunity for Investors
In commercial real estate, the impact of the coronavirus pandemic and related shutdowns has led to profound and seismic shifts. To some extent, those shifts reflect an acceleration of trends that were already underway. One of the most noteworthy of those is the...
How Office Construction Will Change Post-Pandemic
Dive Brief: A new study points to how office design and construction will evolve as a result of the coronavirus pandemic. The research from architecture firm Leo A Daly found that in coming months and years, more office tenants will require flexible workspaces. The...
Detroit Company Helps High School Students Build Futures in Skilled Trades
Andrea Isom | ABC 7, WXYZ Detroit (WXYZ) — A company in Detroit is dedicated to giving young people an opportunity to build a foundation for their futures. The Sachse Construction Academy is offered to hundreds of high school students in the city. The academy's...
Uncertainty Shades a Once-Soaring Multifamily Construction Market
The developer TPA Residential recently selected McShane Construction to build Woodward Crossing, a Class-A, 265-unit apartment complex on 7.8 acres in Buford, Ga. The apartments would be inside two buildings, four and five stories, designed by the architecture firm...
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