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DALLAS-Two years in the making, the Pine Creek Medical Center will debut as a prototype 67,000-sf short-stay hospital and 32,000-sf class A office building on a 4.9-acre hard corner in the heart of the Medical District.
CHICAGO-The New York-based investment banking firm adds 7,602 sf on the 24th through 26th floor at Houston-based Hines Interests' 1.4-million-sf Three First National Plaza.
SEATTLE-The 15-story building is 86% leased, with the federal government taking approximately 60% of the space. The purchase price equates to $139 per sf.
MIAMI-And while asking rates overall have been declining, class A rents are stable and the outlook is promising, according to a new market conditions report by CB Richard Ellis. One company executive is noticing positive leasing activity now with class B space.
HOUSTON-Andrews Kurth, a mainstay CBD law firm, adds 23,000 sf of class A space to a 200,000-sf lease at JPMorgan Chase Tower. The new lease will run co-terminus with a long-term pact signed three years ago.
SANTA BARBARA, CA-The healthcare company will leave its headquarters here for an existing Dallas facility that is already one of the company's largest offices.
HOUSTON-The 700,000-sf Calpine Center's construction loan with JPMorgan Chase gets replaced about a year early when Hines and Prime Asset Management pick up a 10-year package from Bank of America, one of the final four in the capital markets tour.
SEATTLE-Equity Office Properties' 76-story Downtown landmark comprises 1.5 million sf of rentable office and retail space. Vacancy, which was 30% one year ago, now stands at 24%. A local executive tells GlobeSt.com he expects to see vacancy at 21% by the end of the year.