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Garland approved a deal with Germany's Kirchhoff Automotive to expand to 115K SF at 3901 West Miller Road. 
The deal is an expansion from 94K SF in the property and includes a $20M investment into the acquisition and installation of new machinery and equipment at the facility. The expansion/relocation will begin in April, and Kirchhoff will be fully…
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Cushman & Wakefield Embroiled In Two Lawsuits Involving Former High-Ranking ExecsCushman & Wakefield is facing lawsuits from two former high-ranking executives who independently allege that the brokerage giant used race, gender and/or a baseless performance improvement plan to withhold promotions and ultimately end their employment. Former Cushman & Wakefield President of Valuation & Advisory Americas Monica Nicole Urquhart-Bradley filed a lawsuit against Cushman & Wakefield Tuesday with the United States District Court for the District of Columbia claiming discrimination based on gender and race in violation of the 1866 Civil Rights Act. |
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The 'Hype Beasts' And $1K T-Shirts: Gen Z Cashes In On Billion-Dollar Limited Edition Retail MarketWhen cousins Jordan Stevens and Gus Hohlbein opened their upscale Green Lake thrift shop in 2015, “hype beasts” were not even on the radar. Originally Lucky Dog Clothing only featured “timeless” brands like Nautica, Lacoste and Pendleton. Some of the pieces date back to the 1980s. Unlike a traditional consignment store, Lucky Dog pays sellers on the spot. Any unsold merchandise is donated. While demand for these classic pieces was strong, it didn't take long for the cousins to realize there was a big market for “hype” gear. “We pivoted to the limited edition market because that's what the customers were wanting and asking for,” Stevens said. |
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Michael Kors To Buy Versace For $2.4BMichael Kors Holdings plans to acquire Italian fashion house Gianni Versace for about $2.4B. The move would establish a presence in European high fashion for the American company, as well as give it ownership of Versace's boutiques around the world. 
Other potential buyers were in talks to buy Versace, such as Tiffany & Co., PVH Corp. and Tapestry, but they withdrew, the Wall Street Journal reports. The price was considered a bit steep for the Italian company, which has been…
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Beyond The Bio: 16 Questions With The Boulder Group Founder And President Randy BlanksteinThis series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles. Randy Blankstein was 27 when he founded The Boulder Group in 1997. More than two decades later, his Illinois-based real estate firm is one of the 10 largest brokers of single-tenant net lease deals in the U.S., according to Real Capital Analytics. The Boulder Group has closed over $4B worth of deals, and it is marketing properties in at least 15 states. It also has a research arm that puts out reports on the net lease market. |
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