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.
LAKE HAVASU, AZ-A court-ordered bankruptcy settlement has forced the sale of 6.5 acres at Lake Havasu's main tourist draw. The land, part of the London Bridge Resort's English Village retail complex, went at auction to an undisclosed Phoenix investor.
NORRISTOWN, PA-The supplier of medical computer systems fills all 14,380 sf of an Archon-owned building at Pinebrook Business Center here. The physical therapy provider triples its space at One Bala Plaza in Bala Cynwyd.
AURORA, CO-The company purchased two medical buildings known as AMC I and AMC II at the Aurora Medical Center campus. Although the sale price wasn't disclosed, public records indicate they sold for about $15.5 million.
HOUSTON-Seller Lamar Cos. of Morristown, NJ retreats from Houston with the sale to an affiliate of Perrine & Wheeler, which outdistanced 18 others for a 90%-leased asset with definite upside in the rent. The asking price was $17.5 million.
DENVER-The record high of $157,000 reached in September accompanies another condo record of the year-to-date median price of $154,000. The average price of a single-family home was more than $100,000 more than the average price of a condo.
NEW BALTIMORE, MI-The school district in this Detroit suburb will spend $42.2 million to expand area school buildings. The population in New Baltimore has shot up 20% in the past two years.
BALTIMORE COUNTY-The new 50,000-sf flex property at Bare Hills Business Center gets filled to maximum capacity with the commitment of three companies to space in the two-story structure.
LEWISVILLE, TX-The YMCA of Metropolitan Dallas gets 11 acres in the northern quadrant of the 2,500-acre Castle Hills. Construction on an estimated $4-million branch, the 27th in the YMCA network, will begin in fourth quarter 2004.
HARRISBURG, PA-In Philadelphia, Spring Garden College will be converted into a 56-unit senior complex and a 60-unit development will rise on Monument Road. Projects in Delaware, Allegheny and Butler counties also receive funds.