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.
PHILADELPHIA-During CoreNet Global's Eastern Regional Symposium here, Lloyd Lynford, CEO of Reis Inc., delivered a sobering look at the impact of the economy and unemployment on all segments of commercial real estate nationwide. Neighborhood shopping centers are the one bright light.
HOUSTON-The building owner fills the first spot in a 15,000-sf block of class A space brought to market six months ago. Robin Maritime Agencies, now an airport tenant, will move the steamship operation in mid-July to a Houston Ship Channel address.
ULSTER, NY-Partsearch Technologies, a retail information technology firm headquartered in New York City, has leased 15,000-sf at the Tech City complex here and will invest $1.3 million to convert the space into a state-of-the-art call center.
NEW YORK CITY-Strategic communications firm Shepardson Stern and Kaminsky has moved its headquarters from SOHO to 88 Pine St. SS&K inked a 10-year deal for 19,932 sf of space expressing a desire to be part of the Downtown renaissance.
CHICAGO-A 20,000-sf site at 4343 W. Peterson Ave. nearly triples in value in the past five years, selling recently to North Shore Bank for $1.9 million.
AURORA, IL-A 325,461-sf speculative building in West Ridge Corporate Center was not enough for Bannockburn based direct mail catalog and Internet marketer LTD Commodities. The company will move into 694,367 sf when an expansion is completed in November.
NEW YORK CITY-Townsend Capital, headquartered in Towson, MD, acquired 521 W. 57th St., the 400,000-sf headquarters of International Flavors and Fragrances for $90 million.
MISSION VIEJO, CA-The Beverly Hills buyer gets a 90%-leased, 18,558-sf retail center in a growing area of Orange County with strong demographics in the middle of the region's 241 transportation corridor.
CLEVELAND, OH-Through separate partnerships, Cleveland REIT sells Clocktower Place in St. Louis, then proceeds to buy Ward Parkway Center in Kansas City.
ATLANTA-Not bothered by selling to a competitor, UPS received an estimated $12 million or $160,000 per acre ($3.67 per sf) for the 75-acre tract south of Cobb County's McCollum airport.