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.
WOBURN, MA-BioTrove Inc. moves its corporate headquarters out of 4,400 sf in Cambridge to 20,000 sf at 12 Gill St. The biotech company needed to expand but couldn't find lab space it could afford in Cambridge.
VALENCIA, CA-Publicly held A&B adds to its Southern California portfolio with the acquisition of a two-story, 51,061-sf building from developer Intertex. The brokers involved in the deal aren't talking price, but others are saying it went for about $5 million.
IRVING, TX-Finish-out is underway on the last space to be occupied in a quartet of leases signed for the 503,305-sf CarrAmerica project. The owner has construction documents ready to go for a fifth building if a build-to-suit comes its way.
LONDON-BL Gazeley--a joint venture between British Land and Wal-Mart's property subsidiary Gazeley Properties--has raised pounds 22.5 million ($35 million) with the sale of Delta Park in Enfield, North London to Legal & General.
MIAMI-A Chicago-based private investor is asking $11.25 million, or $87,890 per unit, for the South Miami Beach properties, which have a total of 128 units. The properties are near each other, and have undergone more than $1.6 million in renovations in the past year.
MIAMI-The $27 million in preferred equity and construction financing will be for the site acquisition and development of Cypress Legends, a 332-unit luxury apartment community planned for Fort Myers, FL.
SAN DIEGO-Two new restaurants will soon be rising in downtown San Diego, as RA San Diego Corp. dba RA Sushi inks a $1.3-million lease for 4,500 sf space in Downtown while 9th & Passyunk LLC dba Philly's Restaurant signs a $1.1-million agreement for 2,500 sf here.
WHEELING, WVA-Wheeling Downs Racetrack emerges from a year of upgrades with a new name, more space, and new additions following the $67-million construction. In addition to added space to accommodate more slot machines, the improved facility will offer a 151-room hotel.