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PORTLAND-The duo that successfully leased up last year's new downtown office building are getting the nod again, but this time they have a former managing director as a third team member.
MIRAMAR, FL-Although representatives of the 400-acre Miramar Park of Commerce wouldn't disclose terms, area brokers familiar with the property tell GlobeSt.com the estimated length of the contract is 10 years with an estimated value of $3.7 million, based on current market rents. Miramar is 16 miles north of Downtown Miami.
CANTON, MA-This area, 15 miles south of the city, is witness to another development as Conroy Development Corp. finishes work on a 175,000-sf Class A office building here on 130 Royall St.
HOUSTON-Another vacant Food Lion has been sold. This one's a 42,000-sf building on about five acres that will be used for a satellite campus of Houston Community College Southwest. The college has bought the holding from the Fleishman Trust.
NEW YORK CITY-In the midst of the company's latest coup--the Cushman Realty merger--Bruce Mosler sat down with GlobeSt.com in an exclusive interview to discuss mergers, future plans, the economy and personnel losses.
LONG BEACH, CA-A Long Beach multifamily complex secures $6-million in funding from Chicago-based Capri Capital. SoCal's rental market continues to be tight, with rates increasing on average 12.5% over the last year.
HOUSTON-Willowbrook Business Center is adding Compaq Computer to its tenant roster. The corporation has signed for a 26,880-sf spot in a 38,400-sf warehouse owned by Willowbrook Business Center LP.
LOS ANGELES-As other commercial real estate markets struggle with the cooling of the national economy, LA County's multifamily sector is still performing strongly.