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.
NEW YORK CITY-Showing its commitment to Downtown Manhattan, American Express is in the final stages of inking a deal for 70,000 sf of space at 3 World Financial Center. The credit card firm is part owner of the building, with Brookfield Properties.
PISCATAWAY, NJ-The computer giant will stay in place at Washington Plaza, a 196,000-sf class A property owned by Lincoln Equities Group. The expansion brings the building to 100% occupancy.
THE WOODLANDS, TX-The development group takes a site along College Park Drive, just west of the interstate. In two months, work begins on a "for sale" medical office project in 2,500-sf to 12,500-sf designs.
HOUSTON-Two deals close off medical office space, with the largest going to the Fort Bend Family Health Center in a service-area expansion. The 3,050-sf lease for a fifth clinic goes to a Harris County building in the southwest submarket.
TORRANCE, CA-Longtime retailer Walser's expands to nearly 21,700 sf with a purchase of an industrial building at 23145 Kashiwa Court. Part of the need for extra space is tied to a push for Internet wholesaling of the art supplies inventory.
NEW YORK CITY- Legislation proposed by Governor George Pataki would allow for the availability of more insurance coverage options for economic loss resulting from business interruptions in times of emergencies.
BERLIN-A property manager in Paris for 30 years, Levet has held increasingly important roles within the Federation. Most recently, from 1998-2000, he was Treasurer of the Federation.
PHOENIX-The Phoenix Law Enforcement Association acquires a 6,600-sf, garden-style building along West Adams Street with an offer that fell just $77,500 shy of the asking price. The move to the central city location takes place in the summer.
BOSTON-L.J. Melody & Company, a national real estate investment banking firm and a division of CB Richard Ellis, is making changes in its New England operation in an effort to grow its area business.