Commercial real estate instant insights 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.
PHOENIX-A regional package delivery service bundles up its Phoenix operation and heads into a 10,450-sf facility at 3618 E. Southern Ave. The firm is relocating from 3401 RE Harbour Dr. and doubling its Phoenix capacity in the move.
HOUSTON-Wartsila Inc. signs for 8,204 sf at 11 Greenway Plaza, one of 10 office buildings in Crescent's mixed-use development. The Norwegian power supplier's finish-out is under way.
HOUSTON-Integra Realty Resources, M/PF Research and Cushman & Wakefield of Texas' valuation team all concur that Houston is a shining star in the multifamily sector. But will it continue its momentum?
CHANDLER, AZ-Chandler Industrial Development sells one of its four buildings in the Arizona Corporate Park North to a nutritional supplement business. A five-year tenant with a purchase option is close to signing for another.
PHOENIX-CB Richard Ellis brokers across the board are playing it safe and saying metro Phoenix will follow suit with the rest of the nation as conditions look to improve at midyear. Office vacancy could reach 19% before a rebound takes root.
HOUSTON-Ten-year owner J.P. Morgan Fleming decides to part with the 21-story 3D/International Tower in the Uptown/Galleria submarket. Transwestern Investment makes the buy and retains its affiliate as property and leasing manager.
GLENDALE, AZ-A Phoenix investor gets within $35,000 of the asking price for a two-tenant, 6,580-sf retail center tailored for vehicle retailers. The Camelback Road property is 15 years old and fully leased.
HOUSTON-Philip Services of Chicago heads into 61,800 sf while Houston-based Thorpe Products takes 57,530 sf, both signing up for leading industrial sites in Houston's near southwest submarket.
MESA, AZ-Sossaman and Guadalupe roads will be getting a 34,000-sf neighborhood center and a CVS drug store. Gustine Properties of Pittsburgh takes 1.84 acres just months before the center's ground-breaking.
PHOENIX-James C. Stockwell makes principal after 10 years at Ross Brown Partners in Phoenix. At Cushman & Wakefield of Arizona, Warren M. Johnston has been hired for the investment properties division.