News: Brokerage

Mc Gowan Builders completes Walmart Neighborhood Market

Mc Gowan Builders Inc. completed a 40,000 s/f Walmart Neighborhood Market. The project was the eighth partnership between Walmart Stores, Inc. and Mc Gowan Builders, and the first takeover and refitting of a preexisting building shell. Located within a 50-year-old shopping center, the building formerly served as a Publix Super Market. The Mc Gowan team gutted the building while keeping the four outer walls intact and removed 50% of the existing concrete floor to introduce and install new refrigeration, plumbing and electrical systems. In addition to making these necessary upgrades to the building's interior, Mc Gowan Builders built and mounted a new roof. Throughout the process, Mc Gowan Builders made certain that the older building met and exceeded strict modern building codes. This project is part of Walmart Stores, Inc.'s expansion into the grocery market. The Walmart Neighborhood Market now serves the South Pasadena community with fresh food from a location easily accessible to commuters and motorists.
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Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

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A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent