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.
OAK BROOK, IL-Great Lakes REIT would like to grow its medical office portfolio from 458,150 sf, but has passed on some opportunities because of the financial health of the adjacent hospital.
DAYTONA BEACH, FL-Atlanta-based American Safety Insurance Services Inc. plans to re-start construction next week on the eight-building, seven-story Links condominium project after town officials in nearby Ponce Inlet, FL shut down the estimated $75 million job April 2.
BURBANK, CA-LA Graphico signs for the space at 3800 Vanowen Blvd. in a 10-year deal for 74,000 sf of research and development space. The graphics firm, relocating from within Burbank, is planning to move in by June 1.
ATLANTA-The locally based REIT sold the 29,789-sf Heritage Place shopping center in suburban Tucker, GA to Edward Larkin of Larayne Enterprises for $3.4 million or $114 per sf. Wells owns the adjacent 67,374-sf Heritage Place office building.
ATLANTA-The Rahway, NJ-based developer signs five small leases at the 21-year-old, five-building, 365,570-sf property in suburban Norcross, GA. The strategically located, 125-tenant park has an average asking rent of $14 per sf.
SOUTH YARMOUTH, MA-Dividends from a REIT subsidiary are no longer deductible for CCBT Financial Companies Inc., resulting in a first-quarter loss of $1.5 million. Bank officials expect the March change in the state law to be challenged.
MIAMI BEACH-The luxury retailer is leasing 9,000 sf on two floors long term at 832 Collins Ave. and plans to open a Barneys New York Co-Op location there this fall.
ARCADIA, CA-The Ann Karen Day Spa has penciled the calendar for a fall opening at the 250,000-sf Arcadia Hub shopping center. The new deal takes occupancy to about 98% in the recently renovated plaza, owned by Golden West Properties of LA.
TRENTON, NJ-The new panel, which will be co-chaired by Gov. Jim McGreevey himself, is aimed at turning the economy around and creating jobs, something his administration has been seen as stifling.