56 OUT OF 337 METRO AREAS ADD CONSTRUCTION JOBS BETWEEN AUGUST 2009 & 2010, HIGHEST NUMBER ADDING JOBS SINCE SEPTEMBER 2008

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56 OUT OF 337 METRO AREAS ADD CONSTRUCTION JOBS BETWEEN AUGUST 2009 & 2010, HIGHEST NUMBER ADDING JOBS SINCE SEPTEMBER 2008

Tim McCarthy

Study: Gulf Coast Needs $350-Bil. Infrastructure Expenditure

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Study: Gulf Coast Needs $350-Bil. Infrastructure Expenditure

Public-private investment over 20 years would mitigate oil, gas and utility property loss.

Tim McCarthy

Study: Gulf Coast Needs $350-Bil. Infrastructure Expenditure

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Study: Gulf Coast Needs $350-Bil. Infrastructure Expenditure

Public-private investment over 20 years would mitigate oil, gas and utility property loss.

Tim McCarthy

A shortage of skilled workers could restrict an expected upturn in the construction industry, a new survey has found.

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Constuction industry braced for upturn

A shortage of skilled workers could restrict an expected upturn in the construction industry, a new survey has found.

Tim McCarthy

Intel Corp. announces that it will spend up to $8 billion to build a new factory in Oregon

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Intel news will jolt construction industry

Intel Corp.a s Tuesday announcement that it will spend up to $8 billion to build a new factory in Oregon and upgrade four existing factories gave the statea s moribund construction industry a critical shot of adrenaline.

Tim McCarthy

Georgia-Pacific mill to be expanded

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Georgia-Pacific mill to be expanded

Georgia-Pacific Corp. is embarking on a $300 million upgrade of its Port Hudson mill to improve technology and equipment.

Tim McCarthy

Mall Vacancy Declines! (Tuesday’s News & Notes)

Mall Vacancy Declines! (Tuesday’s News & Notes): "

This is news landlords have been eagerly waiting for: New York-based research firm Reis Inc. just reported that the vacancy rate for U.S. malls fell for the first time in three years in the third quarter, to 8.8 percent from 9.0 percent the quarter prior. The vacancy rate for strip centers didn’t budge, but neither did it increase. (Here’s a version of the story with a graph, courtesy of Calculated Risk).

Yet Reis researchers caution the retail real estate industry against too much optimism. Many long-term leases are set to expire in the fourth quarter, they say, and it’s likely that in the current subdued retail environment, many tenants will not renew. For more stories on retail and retail real estate, follow the links below:

• Bain Buys Gymboree for $1.8 Billion (The New York Times)


• More Retail Buyout Chatter: Is OfficeMax Next? (The New York Times)


• Dollar Tree to Buy Canada’s Dollar Giant Store for C$52Mln (RTT News)


• A Phased Solution for Filene’s Site (The Boston Globe)


• A Wal-Mart Urban Push Could Transform Markets (Supermarket News)

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