Construction & Property News

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of The Nutmeg Companies, Inc. to a private group of investors that is active in the mechanical and building services space across 11 states. The acquisition closed June 1, 2026. Headquartered in Norwich, Connecticut, The Nutmeg Companies, Inc. is a family-owned general and mechanical contracting firm that has been serving clients throughout...

HAMILTON, N.J.--(BUSINESS WIRE)--Aqua New Jersey President Natalie Chesko was honored today for her years of work as a leader in the water utility industry. The New Jersey Alliance for Action presented an award to Chesko during the 6th annual Salute to Women in Construction. The event is a celebration of women who drive the construction industry forward through meaningful work and outstanding leadership. Chesko has more than 20 years of experience in engineering and utilities with a strong emph...

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world’s largest global temperature-controlled warehouse REIT, today announced that its Board of Directors has declared a cash dividend of $0.5325 per share for the second quarter of 2026. The dividend will be paid on July 21, 2026, to shareholders of record of the Company's common stock as of the close of business on June 30, 2026. About Lineage Lineage, Inc. (NASDAQ: LINE) is the world’s largest global temperature-...

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that the Company’s Board of Directors has declared a cash dividend of $0.24 per share of common stock for the second quarter of 2026. The dividend will be payable on July 24, 2026 to common stockholders of record as of June 26, 2026. ABOUT TRTX TRTX is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional p...

COPENHAGEN, Denmark--(BUSINESS WIRE)--Cadeler has completed the installation of all 100 wind turbines at the 1.4 GW Sofia Offshore Wind Farm in the UK North Sea. The installation of turbine number 100 marks the completion of Cadeler's turbine installation campaign and Wind Peak's first installation project since her delivery. The 1.4 GW Sofia Offshore Wind Farm, developed by RWE and located off the UK’s north-east coast, is one of the largest single offshore wind farms in the world. Cadeler has...

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Marcus & Millichap Capital Corporation Arranges $85 Million in Construction Financing for Beverly Hills Mixed-Use Development...

ATLANTA--(BUSINESS WIRE)--CIM Group and Centennial Yards Company announced today that award-winning pizzeria Varuni Napoli will be the latest restaurant to join the Entertainment District at Centennial Yards, the $5 billion, 50-acre mixed-use redevelopment transforming Downtown Atlanta. Founded by Naples native Chef Luca Varuni, the acclaimed Atlanta-based pizzeria is known for its Neapolitan pies crafted with premium ingredients and time-honored techniques. Varuni Napoli debuted its flagship M...

GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger Inc. was named to Newsweek's list of America's Greatest Midsize Companies 2026 and won the 2026 Nareit Investor CARE (Small Cap) Gold Award....

NEW YORK--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK) has advised Ericsson (NASDAQ: ERIC), the communications and network solutions provider, in securing the site for a new 1 million-square-foot headquarters in Stockholm – the largest office transaction to date in Sweden and one of the largest in Europe. Ericsson, a longstanding occupier client of Cushman & Wakefield, will relocate its headquarters from Stockholm’s Kista district to Hagastaden, a major urban development area in the...

SEATTLE--(BUSINESS WIRE)--With the wealth created through SpaceX’s massive IPO, current and former employees could hypothetically pool their money to buy an estimated 40% of all homes in San Antonio, according to a new report from Redfin, the real estate brokerage powered by Rocket. San Antonio is the closest major U.S. metro area to the company’s Starbase, TX headquarters. That’s not just homes for sale—that’s half of all homes in the entire metro area.A few other hypothetical options: Those em...