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.
CHICAGO-Peyton Owen Jr., most recently chief operating officer for Jones Lang LaSalle's Americas region, takes over as Equity Office Properties Trust executive vice president and chief operating officer Oct. 20.
SOUDERTON, PA-This follows Univest's purchase of First County Bank of Doylestown, PA earlier this year. Together, this year's acquisitions expand the Univest banking realm to include 36 branches in Bucks and Montgomery counties.
PHILADELPHIA-With more than six million sf of Center City office leases set to expire by 2007, the region unveils, "Select Greater Philadelphia: The Place to Prosper," a four-year effort to attract and retain companies.
TAMPA, FL-New construction ebbs as low rents and a third-quarter improved overall vacancy level of 14.24% combine to slow down fresh office development, according to a new report on the Tampa Bay area from Colliers Arnold.
FORT LAUDERDALE, FL-Stiles Corp., based here, is developing the five centers in Florida. On behalf of its investors, Prudential will own the centers once they are complete, slated for late next year. Sources estimate the combined sales to be worth more than $50 million.
SEATTLE-Washington Mutual Inc. says it will open three new multifamily lending offices by the end of 2003 in Boston, Miami and Washington, DC. Last fall, the bank opened an office in New York City that generated $450 million in applications in its first 120 days.
LONDON-Workspace Group has spent pounds 19 million ($32 million) on increasing its portfolio of industrial estates in the Greater London area. The acquisitions include a portfolio of seven estates bought from the London Borough of Lambeth.
PHOENIX-The bidding was competitive, but a New York management firm's strong presence in the Phoenix market helped it win the 280-unit Smoketree Apartments, its third multifamily purchase in Phoenix in just over a year.
SCOTTSDALE, AZ-Despite vocal opposition by a minority contingent, council gives its blessing for construction of the city's tallest buildings. The 11-building project includes 13-story twin towers, rising 143 ft into the air to break the city's 72-ft height barrier.
OAKLAND, CA-Extra Space Storage of Salt Lake City acquires a 37,000-sf light industrial building here for $3.35 million and plans to convert it for use as a public storage facility.