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.
NORTH RICHLAND HILLS, TX-The 91%-occupied Diamond Loch Apartments bait five full-price offers with the New York seller picking a Denver buyer with the ability for a quick close. The deal includes a $3.3-million Fannie Mae loan assumption.
CHANDLER, AZ-Diversified Partners' plans call for a 203,000-sf retail outlet on the north side of the 60 acres bisected by the Santan Freeway and a "warehouse" retail box with shop space on the south side.
PORTLAND-The property is being marketed as a redevelopment play that would likely receive financial assistance from the City of Portland's urban renewal agency, which considers the site a key element of its Lents Town Center Urban Renewal Plan.
ATLANTA-The Cedarhurst, NY-based firm, through its Spartan Properties LLC subsidiary, has signed a contract with an undisclosed seller to acquire a 501-unit garden apartment complex 15 miles north of Downtown in Cobb County.
NASHVILLE, TN-Amercian Retirement Corp. of Nashville sells its option to buy the properties to CNL Retirement Properties, which pays $72 million to acquire them and then leases the properties long-term to American Retirement, which has managed the properties since their completion in 1999.
SOUTHINGTON, CT-An affiliate of the Newport Property Co. of Cambridge, MA, has acquired 100 Executive Blvd., a fully occupied 71,000-sf office building here, for a little under $9 million.
NEW YORK CITY-A Lincoln Building tenant for nearly 70 years, JP Morgan Chase re-ups for 10 years in a deal with an aggregate value of more than $20 million.
MIRAMAR, CA-An LLC snaps up the 4.7-acre property with plans to build a self-storage facility on the site. The 200,000-sf proposed project is slated to open in the spring of 2004.