A lack of housing policy ideas in the State of the Union, a theater chain weighing closing more locations, and a city losing millions in consulting fees over a failed museum project. From the wild and woolly world of real estate, here are our Hits and Misses for the...
The Indianapolis campus for the recently shuttered Martin University has been listed for sale at $3.5 million. The Indianapolis Recorder reports the listing encompasses the approximately 8-acre campus plus nine small parcels of land near the campus that are owned by...
Minneapolis’ historic Lumber Exchange building is being sold in a $1 transaction. Twin Cities Business reports the 12-story, 225,569-square-foot property is being acquired by Kristi Oman, owner of Space Unlimited, a Minneapolis real estate company focused on restoring...
The US Department of Agriculture (USDA) announced it is moving out of its longtime headquarters at the South Building in Washington, DC. “More than 85% of the South Building is unoccupied and there is a $1.6 billion backlog in deferred maintenance,” said Agriculture...
The pizza chain Papa John (NASDAQ: PZZA) announced plans to close 300 US eateries by the end of 2027. Restaurant Dive reports the company, which is the fourth largest US pizza chain by sales, plans to shutter most of the targeted eateries this year. The locations...
A St. Louis-area contractor who fraudulently obtained $1.7 million in pandemic loans was sentenced to three years in prison and ordered to repay the money. Coretta “Cory” Elliott owned and operated CMT LLC, a contractor that provided commercial construction,...
Hits and Misses for the Real Estate Week of April 6-10
