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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
HOUSTON—However, Brookfield Office Properties' Paul Frazier told the <i>Houston Business Journal</i> that “from an ownership perspective, we're not concerned” by the impending vacancy at Heritage Plaza.
WASHINGTON, DC—The study from David Ling and Milena Petrova “demonstrates how critical like-kind exchanges are to the health and vibrancy of real estate activity in the United States,” says the Real Estate Roundtable's Jeffrey DeBoer.
AUSTIN, TX—A fixture on the Austin skyline since the 1970s, the 27-story dormitory has sold to Fowler Property Acquisitions, GlobeSt.com has learned <b>EXCLUSIVELY</b>.
MIAMI—In contrast to Lennar's previous joint-venture apartment builds, the new venture is structured to maintain “an ownership interest in the income-producing community,” says CEO Stuart Miller.
BRUSSELS—New-build and conversion opportunities both feature in Starwood's Luxury Collection, says locally based SVP Bart Carnahan; the hotelier is also unveiling properties in India and Latin America.
LANCASTER, TX—“South Dallas is one of the hottest submarkets in the Dallas/Fort Worth area,” says Kent Newsom, EVP at Ridge Development, the industrial development arm of Transwestern.
ARLINGTON, VA—The top 100 alternative investment managers oversaw more than $1 trillion in commercial property assets worldwide as of Dec. 31, says Towers Watson in its annual survey.
MCKINNEY, TX—The partnership plans to develop Wilmeth Ridge here in two phases, with the 124-acre site having received preliminary plat approval for 300-plus houses.