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-A shortage of properties for sale is driving a new surge in house prices, despite this month's 0.25% rise in interest rates, according to the RICS.
PHILADELPHIA-One of the city's largest law firms moves to the American College of Physicians' building at 190 North Independence Mall West. Brokers estimate the price is between $20 and $23 per sf.
SCOTTSDALE, AZ-Interwest Brokerage Inc. of Salt Lake City will be among the first tenants in the McDowell Mountain Business Center under a five-year lease agreement for 5,561 sf of office/warehouse space. Move-in is set for mid-December.
ROCKVILLE, MD-Development of the third of several structures that will be built as part of Johns Hopkins University's Montgomery County expansion plan, gets under way with a groundbreaking for the 115,000-sf facility.
ST. LUCIE COUNTY, FL-The 3,400-acre, mixed-use project will include multifamily units and some industrial and commercial space. The project, parts of which are still in the approval process, will take place in multiple phases over several years. The funding was provided through SunTrust.
SACRAMENTO, CA-Vacancy continues to crawl upward in 2003. It is expected to reach 6.9% by the end of 2003, then hold steady in 2004 on the strength of employment gains.
WOODRIDGE, IL-The insurance company leases the entire 97,000-sf office building at 9022 Heritage Pkwy., developed by Schaumburg-based REM Builders as a build-to-suit. It was put on the market at $17.1 million.
NEW YORK CITY-The 100,000-sf site in the Flatiron district, formerly known as the Hugh O'Neill Department Store, sells for $37 million. The five-story building features office and retail space.
DALLAS-Allan Brown, co-founder of azimuth: architecture inc., sells his stake in the firm for the initiative. Ten10, the branding for now, has its first acquisition under contract as Brown begins courting healthcare systems for a possible alliance.