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.
ANAHEIM, CA-Intense Lighting Inc. takes over the entire building in a five-year lease, valued at $850,000. The move to 2861 E. La Palma Ave. more than doubles the industrial space for the lighting manufacturer.
CARLSTADT, NJ-The IT giant will use the Wilson Associates-owned building, a former disaster recovery site, as a check processing facility. Cushman & Wakefield and Grubb & Ellis were the brokers.
ATLANTA-Cousins Properties, North American Properties, M.D. Hodges, John Wieland, Steve Macauley and Steve Nygren are among the entrepreneurs setting up projects among the area's 180,000-acre region.
WOOD DALE, IL-A 234,000-sf building at 777 Mark St. in this suburb near O'Hare International Airport is sold by CalEast Industrial Investors for $9.05 million while a 38,132-sf building in Franklin Park fetches $850,000.
NORMAL, IL-The existing automobile manufacturing facility is 2 million sf on 636 acres. The expansion will add another 400,000 sf, increasing the plant's capacity by 25% and create an estimated 300 new jobs.
NEW YORK CITY-Rockwood Realty Associates LLC negotiates on behalf of locally based pension fund Teachers Insurance and Annuity Association. Lehman Brothers buys the loans, which are secured by mall properties located in four states.
LONDON- Development Securities has bought a retail warehouse investment in Formby, Lancashire, and sold a small central London office investment as part of the process of rebalancing its investment portfolio.
BOSTON-A fire in a RI club, in which 100 people were killed, has prompted the Greater Boston Real Estate Board to reverse its position and come out in favor of a bill that would require sprinkler systems to be installed in any new or renovated building larger than 7,500 sf.
DALLAS-The ZOM Cos. will break ground for the second time this year in Dallas. The Waverly at Cityplace will have 146 units in a 20-story tower, 72 urban lofts in a low-rise and 25,000 sf of street-level retail.
HOUSTON-The law firm of DeHay & Elliston has moved into about half of the 10,752-sf office at 3700 Buffalo Speedway in a signing for the two-year balance leased to CCNG, which sold most of its operation and then moved to Austin.