Commercial real estate special reports for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
FORT LAUDERDALE, FL—Commercial and multifamily real estate firm Stiles reports it has hired Justin Siemens, formerly of Federal Realty Investment Trust, as its director of commercial real estate development.
ORLANDO—CNL Lifestyle Properties, Inc. reports that in the first quarter its total revenues increased by $8 million or nearly 9% and its net loss narrowed by $2.9 million to $20.4 million, a 12.6% decline from the same period a year ago.
NEW YORK CITY—Triangle Equities says that with the recently announced lease of the three-acre development site in the St. George district of Staten Island, it will begin construction this fall on the $200-milion mixed-use Lighthouse Point project.
WILMINGTON, DE—New Castle County officials confirmed that the sale of a 58-acre section of what was part of the Astra Zeneca complex on Concord Pike to JP Morgan Chase closed on Thursday.
WASHINGTON, DC—A draft budget report by the DC Council's Economic Development Committee states that the District might have to raise the 12% debt limit in coming years.
ALBANY—New York Gov. Andrew Cuomo announced on Thursday 80 awards across the state to repair, rehabilitate and preserve a total of 1,315 units of low-and moderate-income housing.
NEW YORK CITY—Three contiguous mixed-use apartment buildings on Ridge Street on the Lower East Side are on the market for sale with an asking price of $59 million for the portfolio.
ATLANTA—The sponsors of Griffin-American Healthcare REIT III, American Healthcare Investors and Griffin Capital Corp., report that the REIT has reached its minimum offering and has reached agreement to acquire three Atlanta-area medical office buildings for an aggregate purchase price of $12.1 million.
NEW BRUNSWICK, NJ—Prime Source Building Products renewed and significantly expanded its industrial lease at two buildings on Van Dyke Avenue here. The lease renewal and expansion calculates out to a total of 173,746 square feet.