Economy

Seasoned investors Mark Moshayedi and Ryan Gallagher launch Space Investment Partners to focus on acquiring assets that will benefit from changes in technology and migration patterns.

Retail centers with a grocery anchor where there are large Asian populations could be successfully redeveloped to attract tenants catering to Asian populations, CBRE's Jeffrey Dunne says.

The bulk of the draw at a future shopping center will be interesting, innovative restaurants and service providers like fitness options who need a physical space, says one CBRE source we <b>EXCLUSIVELY</b> chatted with here at ICSC RECon.

Kenneth J. Knuckles will retire after 15 years at the helm of the Upper Manhattan Empowerment Zone and Duncan will assume his position this summer.

An expanding tech sector has helped send unemployment down to 3.0%.

During the first quarter of the year, job growth, energy-related activities and import/export trade all boasted positive grades, with Houston appearing poised for recovery amid 12 months of 63,600 new jobs.

The report calls for the city to explore a second convention/exhibition center in an outer borough to compliment the existing Javits Center. The new facility would offer larger expo space and have a focus on exhibits and trade shows with large local attendance.

Cargo volumes at the Port of Long Beach increased 11% in April, creating a new record for the first four months of the year.