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.
CORAL GABLES, FL-The real estate company, based here, had an increase in revenue for the quarter and the half, compared with the same periods in 2002. The net income of $1.745 million for the first half of this year was an improvement, compared with the $985,000 net loss for the same time last year.
SAN DIEGO-Bosa Development California Inc. is moving forward with its Bosa Pacific Highway @ Ash residential development, having recently received approval for a Centre City Coastal Development Permit. The project is slated to house 241 condominium units upon completion.
MIAMI-The vacancy rate rose in the last 12 months and is expected to increase by the middle of next year as well. Meanwhile, 15,000 new units are expected to come online in 2003 and 2004. However, the rise in vacancy is not expected to last long, as employment grows stronger.
PHOENIX-In a major push into the Phoenix market, San Diego-based Mor Furniture will open three new stores in the Valley by next year. The first will open in February under a 10-year sublease agreement with Circuit City.
LONDON-A team led by EDAW, in partnership with HOK Sport, Foreign Office Architects, and Allies and Morrison, has been chosen as masterplanning architects for the London Olympics site in east London.
SEATTLE-The seller, Pendleton Flour Mills, will continue to lease space in a portion of the 90,000-sf warehouse on the site along with Puratos, a provider of products and services to bakers, pastry-chefs and chocolatiers, until the county decides whether to use the site as a solid waste transfer site.