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.
VININGS, GA-The Dallas-based developer acquires the 437,000-sf office, 66%-occupied building in suburban Vinings, GA for $129.29 per sf. Lincoln bought Overlook III for its client, Chicago-based Illinois Teachers Pension Fund.
ATLANTA-Vacancies are at 20.1%, down from 21% in Q2. Net absorption is a positive 1.16 million sf but still below the record two million sf set in the second quarter, according to separate analyses by Bullock Mannelly Partners Inc., Colliers Cauble and Cushman & Wakefield.
DALLAS-NBC locks down 19,676 sf for the news bureau, national sales group and several affiliates' marketing operations, driving relocations from Fort Worth and Dallas to 3100 McKinnon St. The 7,009 sf of extra space will be ready to go in January.
DENVER-Jeff Selby and Michael Brenneman plan a 50-story building at 14th, Arapahoe and Lawrence streets that could include up to 180 hotel rooms, along with luxury condominiums.
ATLANTA-Ending one of its most productive years ever, Cousins Properties Inc. is paying common stock shareholders of record on Nov. 8 a dividend of $7.15 per share on Nov. 18. The locally based REIT closed nine sales valued at approximately $1.3 billion this year.
SANTA MONICA, CA-The Los Angeles-based REIT agrees to acquire the 331,926-sf Lantana Entertainment Media Campus from Hines US Office Development Fund in a deal expected to close in December.
LISLE, IL-The Hines US Office Value Added Fund pays $44 million for MetLife's two-building, 296,486-sf Westwood of Lisle, about one-third vacant. That is close to the overall vacancy in the western end of the East-West submarket.
BRIDGEWATER, NJ-O'Connor Capital Partners' 300,000-sf 400 Crossing Blvd. has 180,000 sf currently available Sanofi-Aventis occupies the rest of the building and all of an adjacent building.
HOUSTON-Five-year tenant, Sullins Johnston Rohrbach & Magers, stays put in Phoenix Tower, adding about 10% to the class A office after taking a look at other options in the Greenway Plaza and Galleria submarkets.
ATLANTA-The locally based REIT sells off two more office buildings and eight ground leases for $247.5 million at the 2.5-million-sf, eight-building, 285-acre Wildwood Office Park. Cousins sold four other park buildings in September to Atlanta-based Wells REIT II for $172.5 million. Area brokers tell GlobeSt.com UBS Realty Investors of New York, a division of the UBS banking conglomerate, is the buyer.