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.
CHICAGO-Some aldermen are skeptical about the transportation ideas offered in the Central Area Plan. Meanwhile, transit links from West Loop Metra stations are crucial to the North Michigan Avenue office market, the plan commission is told.
PHOENIX-Forty subcontractors donate more than $500,000 in labor and materials for the work at the Dreier Family Children's Center. The reworked design adds 1,500 sf for classrooms, a health-care clinic and food service area.
HUNTINGTON BEACH, CA-One of the smallest apartment buildings to sell recently, a three-unit complex, goes for $253,000 per unit. Seller Santa Barbara Bank & Trust releases the deed after a 14-year hold as demand fattens the price for coastal properties.
UNION, NJ-For seller Nestle Waters North America, the building became surplus last year after the company, formerly Perrier of America, moved into a new design/build facility.
TUSTIN, CA-The co-founders' roles highlight the changes. Principals Chris Hite, EVP, becomes president and Patrick Galentine takes on the top job for affiliate Kensington Real Estate Group. A director of real estate management also is named.
ALHAMBRA, CA-The life insurance company and the Ratkovich Co. of Los Angeles restructure ownership of the Alhambra, a one-million-sf office campus. With that done, the new partnership is now talking expansion.
CHICAGO-A proclamation celebrating the Institute of Real Estate Management's 70th anniversary notes the group's efforts to educate and certify property managers. The local chapter has 600 members.
WASHINGTON, DC-The District's Office of Property Management comes under the microscope amid the resignation of office director Tim Dimond amid inquiries into possible illegal dealings in lease agreements with local property developer Douglas Development Corp.
SOMERVILLE, MA-Arrowstreet Inc. renews its lease for 24,875 sf of office space at 212 Elm St. The four-story office building is located in Davis Square and is owned and managed by Paradigm Properties.