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.
The new Westchester County legislation now requires cooperative boards of directors to notify buyers within 15 days whether or not their applications for purchase are complete. Once an application is deemed complete, boards will have 60 days to accept or reject the application.
Buchanan Street Partners quick closing was critical for the borrower to maintain the timely completion of the project and meet tenant commencement dates in the fourth quarter and first quarter 2019.
Seattle's Eastside has experienced a healthy increase in sales volume that can largely be attributed to the market's leasing performance and attractive returns compared to downtown Seattle investment opportunities.
Third quarter 2018 marked the lowest downtown Walnut Creek vacancy rate in more than a year as it dropped to 4.5%, and veteran retail broker John Sechser makes a break for TRI Commercial amid growing development.
New DFW multifamily projects are taking a long time to stabilize, using 90% occupancy as the benchmark, and some properties that delivered in 2016 or early 2017 are still working on initial lease-ups.
The site of the Mitchell Brothers' O'Farrell Theatre is on the market at $10 million or can be leased for a monthly rent of $39,000, but the property is attracting residential developers, says the exclusive broker.
PacVentures has been a Brownsville submarket owner for many years, steadily increasing its presence with the recent acquisition of vacant land next to the NAFTA Business Park and a 10-building industrial portfolio.
DFW ranked in the top five for US population growth in 2017 and the metro area has a significantly higher percentage of its population in the 25 to 44 age cohort, a prime home buying demographic.