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.
SEATTLE, WA-The Portland, OR-based nonprofit syndicator of tax credits used to fund affordable housing projects says its latest equity funds raised over $30 million from Washington-based investors that will be used to support affordable housing projects in Washington communities.
EL CENTRO, CA-The City of El Centro has completed the first phase of a renovation project that is aimed at upgrading and expanding its El Centro Regional Medical Center. Phase II of the $26-million project is slated for an April 2004 build-out.
COLORADO SPRINGS, CO-The five-star hotel outlined plans for a $160 million expansion that would include the addition of 160 townhomes and condominiums. In addition, the makeover will include an 18-hole golf course designed by Jack Nicklaus.
PLANTATION, FL-The Florida-based independent commercial bank is taking 10,608 sf of space for 10 years in a deal valued at about $4 million. The 50,000-sf building where the bank is leasing the space is 98% occupied.
NEW YORK CITY-The Witkoff/Praedium partnership unloads two mixed-use properties in Soho for more than $22 million. The partnership had picked up the properties as part of a larger deal in March of 2000.
DETROIT-A Wayne State University executive has been named CEO of the organization charged with redeveloping the Detroit Riverfront. Meanwhile, the Detroit/Wayne County Port Authority says it plans to complete a deal with General Motors next month to buy land for a two-story port terminal, along the Detroit River.
CARSON, CA-Robert W. Huston becomes chairman of Watson Land Co., one of the largest developers of master-planned industrial centers in Southern California.
DALLAS-The work has been 18 months in the making as world-renowned architects fashion a crown jewel for the eastern perimeter of the Dallas Arts District. With the buildings' placement now set, the focus shifts to the structures' concepts.
GUADALUPE, AZ-The three-year lease for 26,455 sf boosts occupancy to 83% in the one-year-old Guadalupe Commerce Center. Nesco Manufacturing Inc. is a maker of architectural stone and rock products.