Commercial real estate special reports 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.
ATLANTA-The 41-story, 670,000-sf, 65%-preleased class A structure nearing completion in Midtown is "the first high-rise office building in the world" pre-certified for Silver status in the Leadership in Energy and Environmental Design Core and Shell Development program, says Hines vice president Kurt Hartman.
LOS ANGELES-The Chicago-based law firm of Sonnenschein Nath & Rosenthal, an original tenant of the Figueroa at Wilshire building, expands at the Downtown high rise.
LEHIGH VALLEY, PA-New York-based Readikat Realty buys the 320,000-sf specialty manufacturing and distribution center at 1055 Cross Roads Blvd. for $12.8 million. It is 100% leased to a supplier of branded hot and cold beverages.
LOS ANGELES-The Downtown office tower trades after being on the market for months, once in a deal that collapsed when a New York buyer pulled out. Sources call it a $140-million-plus deal. For more Hines news, click <a href="http://www.globest.com/news/251_251/atlanta/132598-1.html">here</a>.
LOS ANGELES-The Downtown office tower trades after being on the market for months, once in a deal that collapsed when a New York buyer pulled out. Sources call it a $140-million-plus deal. For more Hines news, click <a href="http://www.globest.com/news/251_251/atlanta/132598-1.html">here</a>.
DALLAS-The owners of the popular shopping spot close a second deal for $12 million to finance an expansion plan and replace recourse financing with non-recourse. The second loan is secured by the 126,355-sf flagship property.
ATLANTA-While the Houston-based firm didn't disclose the acquisition price local-area brokers tell GlobeSt.com the 95%-leased building went for about $285 per sf. Hines officials say "the speculation of $285 per sf is way off." The company developed the class A One Ravinia Dr. in 1985 and sold it to Deutsche Immobilien Fonds AG.
ATLANTA-While the Houston-based firm didn't disclose the acquisition price local-area brokers tell GlobeSt.com the 95%-leased building went for about $285 per sf. Hines officials say "the speculation of $285 per sf is way off." The company developed the class A One Ravinia Dr. in 1985 and sold it to Deutsche Immobilien Fonds AG.
ATLANTA-Despite positive spins by two separate brokerages, statistics show the city's 163-million-sf office market is still in the dumpster. Advantis says metro's 19.7% overall vacancy is the highest in the Southeast. Marcus & Millichap drops Atlanta's annual ranking by 15 places to No. 30.