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.
LONDON-Prime Commercial Properties has acquired the 160,000-sf Capitol Shopping Centre in Cardiff, South Wales, from Scottish Widows Investment Partnership for pounds 82.55 million ($145 million), reflecting a net initial yield of 6.26%.
LAKE MARY, FL-Lake Mary Professional Campus LLC pays Colonial Properties Trust of Birmingham, AL $4.1 million for a prime 10.5-acre tract in this fast-developing suburban community.
UNIVERSAL CITY, CA-Coast Business Centers is one of two office tenants here with expansion plans. The other, a producer of the "Joe Millionaire" show, will expand to West Hollywood.
PARK RIDGE, IL-Some aldermen here object to the how a short list of potential developers of the former Bredemann car dealership site was put together, as well as who made the top five.
MINNEAPOLIS-Nonprofit groups in Delano, Minneapolis, Owatonna and Shakopee received grants to build a total of 121 units in affordable housing for low-income elderly or disabled occupants.
EAST RUTHERFORD, NJ-Mills/Mack-Cali's ambitious 4.8-million-sf entertainment/recreation/office project, with an infusion of cash from Kan Am, will start construction as soon as permits are in place, according to officials.
PHILADELPHIA-Dave Perrotta, a 20-year veteran of historic conversions here, joins Jeffrey M. Brown Associates' team of project executives. He is currently overseeing Metro Development's conversion of Hawthorne Suites.
CORONA, CA-Newport Beach-based CT Realty Corp. expands its Inland Empire holdings with the purchase of Corona Village Apartments, which it plans to renovate.
DETROIT-A temp firm has leased 16,327 sf in the Penobscot Building in Downtown Detroit. Any kind of lease is welcome in the CBD's sluggish office market.