Tony Wilbert

The Beach

Journalist at CoStar

Journalist @CoStarNews, Dewey Beach, concerts, #Blackpink, Washington sports teams, #Terps

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Articles

Colliers team wins 10th straight Office Broker of the Year award

2 weeks ago | costar.com | Tony Wilbert

Colliers Las Vegas teammates Patti Dillon, Taber Thill and Megan McInerney extended their winning streak at the annual NAIOP Southern Nevada Spotlight Awards. They recently took home the award for Office Broker of the Year for the 10th straight year from the Las Vegas-based chapter of NAIOP, the commercial real estate development association.
Hines executives take home top award from NAIOP Colorado

3 weeks ago | costar.com | Tony Wilbert

Hines and a trio of its executives won recognition for a timber office building in the NAIOP Colorado 38th Annual Awards of Achievement contest. Hines' six-story T3 RiNo project in Denver was recognized with the state chapter of the commercial real estate development association's Development Deal of the Year award.
Sale of tallest building in Tampa, Florida, provides needed boost to office investment market

4 weeks ago | costar.com | Tony Wilbert

It had been a couple of years since the Tampa, Florida, office market had seen a major investment sale. That all changed last year when the city's tallest office tower traded hands in a big deal, giving investors hope during an otherwise slow period. Atlanta-based private equity firm Brookdale Group paid seller PGIM $151.3 million, or approximately $272 per square foot, for the 42-story, 579-foot tower known as 100 North Tampa. The sale provided a needed jolt to the local investment market.
Bringing new housing to River Arts District required removing a pedestrian bridge, realigning roadway

4 weeks ago | costar.com | Tony Wilbert

The partnership that developed AER Apartments in downtown Tampa, Florida, had to update several elements of the city's existing infrastructure to make way for the new apartment tower. In fact, the team of residential development firm American Land Ventures and Gazit Horizons, a real estate company, said it worked extensively with the city of Tampa, the Friends of the John F.
Cresa seeks Atlanta leader as market head leaves for rival firm

1 month ago | costar.com | Tony Wilbert

Cresa Atlanta is seeking a new market leader following the departure of Chris Scott to a rival as the city's office market shows signs of a rebound. Cresa principal Tom Tindall said Scott, who had served as market leader since the fall of 2023, departed for a job at Newmark. In the Atlanta market, Cresa is known for representing tenants in office and industrial transactions, and it does not represent landlords or typically handle commercial property sales.
Starbucks names Nordstrom executive as chief financial officer to help lead turnaround

1 month ago | costar.com | Tony Wilbert

Starbucks has tapped an executive who's worked at some of the country's largest retailers as its new chief financial officer to help the coffee chain turn around its business and increase its store count. The Seattle-based company said Tuesday that Cathy Smith has been hired as its new top finance executive. Smith, who served in the same position at luxury department store chain Nordstrom for the past two years, will replace Rachel Ruggeri, who had worked at Starbucks for nearly 20 years.
Trinity Partners co-founder running to help fight cancer

1 month ago | costar.com | Tony Wilbert

Four years after retiring as co-founding partner of commercial property services firm Trinity Partners, Gary Chesson says he's turning to a different kind of work — raising money for cancer research instead of for real estate projects. "I’ve recently decided that I’m going to un-retire! But it’s not what you think," Gary Chesson said in a LinkedIn post.
Chick-fil-A logistics executives christen new distribution center with donation

2 months ago | costar.com | Tony Wilbert

Executives from Chick-fil-A's logistics subsidiary held a town hall and offered tours of its new distribution center near Columbia, South Carolina, which will serve the chicken chain's growing restaurant base in the Palmetto State. Dan Marques, senior director of distribution operations for Chick-fil-A Supply, and other company executives gave tours of the 350,000-square-foot distribution center in the Saxe Gotha Industrial Park in West Columbia in Lexington County.
Longtime developer touts project to connect downtown, midtown Atlanta

2 months ago | costar.com | Tony Wilbert

Central Atlanta Progress President A.J. Robinson, who spent a chunk of his career leading global developer Portman Holdings, is touting Atlanta's progress toward constructing a park atop the interstate that runs through the city's heart. Robinson said at a recent meeting of the civic group that advocates for developing downtown Atlanta that the project known as the Stitch resulted from dozens of design workshops, walking tours and community sessions.
Akridge restructures leadership team as firm develops large DC project

2 months ago | costar.com | Tony Wilbert

Akridge, one of Washington, D.C.'s most-prolific developers, has restructured its C-suite as the 50-year-old firm enters a pivotal period by opening the first phase of a large mixed-use project in its hometown as it grows in the mid-Atlantic region. Akridge said President and CEO Matt Klein has stepped into the role of chairman of the company founded by Chairman Emeritus Chip Akridge in 1974. Klein succeeded Chip Akridge as chief executive and president in 2001.