Having failed to secure Federal Trade Commission (FTC) approval, Rite Aid and Walgreens Boots Alliance have scuttled plans to merge. Instead, Walgreens will acquire 2,186 Rite Aid stores and three distribution centers for $5.175 billion in cash. Under this deal, … Continue reading →
DC’s Historic Preservation Review Board (HPRB) recently approved plans for the restoration and retrofitting of the Carnegie Library at Mount Vernon Square, according to The Architect’s Newspaper. Apple intends to share the 63,000sf neoclassical building with Events DC and
Continue reading →New York-based Union Square Hospitality Group (USHG) has partnered with Property Group Partners, the developer of the new five-building, 2.2 million square feet, mixed-use Capitol Crossing to develop a dining concept as an anchor tenant, according to PR Newswire. The … Continue reading →
Restaurants make up more than half of food spending today compared to about 25 percent in the 1950s, according to The Atlantic. Total locations in the fast-casual sector (chains such as Chipotle and Sweetgreen) grew by nine percent last year … Continue reading →
According to Bloomberg (citing CoStar research), between 2000 and 2017, buying power (calculated as a function of median income and population) outpaced retail development in only three of A sildenafil price in india good amount of lubrication is also essential. … Continue reading →
Rochester-based Wegmans Food Markets Inc. plans to open its first DC store at 3900 Wisconsin NW, the 10-acre site where Fannie Mae’s headquarters is currently located, according to
Continue reading →Construction and development costs in the U.S. increased by 2.7 percent in 2016 and are expected to increase along similar lines during 2017, according to JLL’s U.S. Fit Out Guide. The guide, which looks at Class A office build-out in … Continue reading →
The U.S. industrial sector is experiencing its longest expansion on record. The vacancy rate in this sector dropped to 5.3 percent in Q1-2017 which is 300 basis points lower than the ten-year historical average of 8.3 percent, according to
Continue reading →As part of its evolution toward a multi-brand organization, Coach will acquire Kate Spade for $2.4 billion ($18.50/share in cash, which includes a premium of nine percent on the Friday closing price), according to
Continue reading →The average rent rate for DC office space with views of the city’s monuments is $70.50/sf – up 19 percent from 2010, according to Washington Business Journal (citing research from JLL). The average Other men are usually seen preferring treatment … Continue reading →