The 40-story Burnett Plaza, the tallest building in Fort Worth, was sold in a foreclosure auction for $12.3 million. The Dallas Business Journal reported the 1 million-square-foot office building was purchased at about $12 per square foot, which was less than 1% of...
A hospital chain’s financial illness, an uncommonly generous charitable donation and Sweden ignoring Jerome Powell’s lead. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 6-10. Miss: Is There a Doctor in the...
The plans for a sprawling biotech park in Connecticut that were unveiled in April 2023 have been quietly canceled. Ryan Companies, a Minnesota-based developer, proposed the creation of 120-acre HealthTech Park on former farmland located along Interstate 95 outside of...
VanTrust Real Estate, a Kansas City-based, full-service real estate development company, has completed its purchase of Utah’s historic Salt Lake Lumber Building. The three-story, 26,997-square-foot brick building was built in 1909 and features exposed heavy timber,...
One of Hollywood’s most iconic entertainment industry properties could soon be listed for sale if a major corporate acquisition is secured. Bloomberg reported the historic 65-acre Paramount Pictures studios facility would be sold if Sony Group Corp. (NYSE:SONY) and...
The Minneapolis-headquartered coffee company Dunn Brothers is planning a franchise expansion that will grow its presence with 250 new stores over the next five years. According to combined media sources, Dunn Brothers currently operates 50 stores in seven states, with...