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.
WALTHAM, MA-Wachovia Securities becomes a lead tenant in the recently redeveloped Stony Brook Office Park. The brokerage firm is leasing12,750 sf in Building Three for its Wellesley, MA branch.
BEDFORD, MA-MassDevelopment doesn't want to see the government close the Hanscom Air Force Base. To that end, it is considering developing a 46-acre parcel near the base into office and lab space for both private and government use.
SALEM, OR-The committee is formed pursuant to the passage of HB 2011, which mandates the identification of 25 industrial sites of "statewide significance" that offer a high potential for job creation.
FAIRFAX, VA-The nearly 100,000-sf office at 3701 Pender Dr. brings in $14.5 million in a deal between seller Archon Group and buyer Penzance Properties LLC. The five-story class A structure is currently 94% occupied.
WASHINGTON, DC-The 300,000-sf office building that is part of the infamous Watergate Complex brings in $108 million with its change in ownership from LaSalle Investment Management, Income and Growth Fund to DGB Enterprises.
GLENDALE, AZ-The competition for a 181,596-sf building was so fierce that bidders drove up the price by $400,000. A San Diego investment firm put the cap on the bidding war when it paid $19.4 million in cash for property fully leased to Honeywell.
HOUSTON-X-MED Oxygen & Medical Equipment picks 3,256 sf of flex space at the Commerce Center Southwest. The firm makes the location decision in 30 days and immediately sets up shop under terms of a medium-term lease.
ATLANTA-Joe Laster, president of Abraham Properties LLC, plans to complete a $1-million renovation in March at the 79-year-old, 40,000-sf former Sunday school structure near Midtown and sell 39 office condos sized from 250 sf to 3,000 sf for $60,000 to $300,000 per unit.
LIVONIA, MI-The Wonderland Mall is likely to be demolished in spring 2004, according to its owner. The demolition would make way for a new, smaller retail development.