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.
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.
AUSTIN, TX—Notwithstanding the Texas capital's positive economic trend, its office vacancy rate has crept up over the past few quarters, says Colliers International.
LEAWOOD, KS and DALLAS—The acquisition of Dallas-based Starplex Cinemas will give the nation's second-largest movie theater operator an additional 33 locations with 346 screens in 12 states.
SAN FRANCISCO—Eleven of the New York City-based Telx's 20 facilities are leased from Digital Realty, highlighting what CEO Stein calls “the strategic fit” in his company's deal to buy Telx.
AUSTIN, TX—The 260-key property at the intersection of I-35 and US 290 is one of a number of Embassy Suites properties the hotel REIT has sold this year.
DALLAS—In contrast to the previous building boom, which coincided with the onset of the recession, much of this year's new space is coming on line already leased, says the Weitzman Group.
LOS ANGELES—“If you take all of these things together, they are breaking down traditional work/life balances and changing the real estate landscape,” says CBRE's Elie Finegold
SINGAPORE—The partnership with Qatar Investment Authority brings CapitaLand “a step closer” to its goal of raising five to six funds worth up to US$7.3 billion by 2020.
NEW YORK CITY—MetLife Real Estate Investors says it's seeing “some deterioration in underwriting standards and some evidence of prices moving ahead of fundamentals for certain properties in gateway markets.”
SAN ANTONIO--Among the 30-year commercial real estate veteran's responsibilities will be the recently awarded property management and leasing contract for Creekview Garden Offices in San Antonio.