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.
DALLAS-Summit Electric makes a 10-year commitment for the building after brokers negotiate a buyout of the five-year balance held by a tenant who exited the industrial site at the end of 2002. Summit will relocate in mid-February.
PHILADELPHIA-The West Chester, PA-based environment and development firm's five-year contract to upgrade infrastructure at military installations worldwide follows a $120-million contract from the Navy to perform similar upgrades at Navy and Marine Corps installations in 10 Western states.
SEATTLE-Equity Office Properties Trust sells its last industrial asset in the Seattle MSA and unloads all five of its suburban office properties in the region in two transactions totaling 523,000 sf and $69.5 million.
MIAMI-Toni Anderson and JoAnne Perez have been named corporate services associates, supporting such clients as Merrill Lynch, Pierce, Fenner & Smith; Morgan Stanley DW Inc.; and Humana Inc., while Michelle Jimenez was promoted to marketing research coordinator.
FORT WORTH-Phoenix Property Co. and TIAA sit down at the closing table for the first time in a 10-year financing that pays off a construction loan and opens the door to a partnership restructuring for the Dallas-based multifamily developer.
OCEANSIDE, CA-Located in the Ocean Ranch Corporate Centre, the parcels encompass a total of 27.72 acres. Having already acquired 60 separate acres in the complex two years ago, Idec Pharmaceuticals Corp. plans to use the recently purchased land for future expansion.
LONDON-In the largest single asset investment deal ever seen in Victoria, Delancey has completed the sale of 151 Buckingham Palace Road for Pounds 178.5 million ($287 million) to a limited partnership of private investors to show an initial yield of 6%.
BEVERLY HILLS, CA-The annual real estate review and forecast will feature keynote speakers from five top real estate brokerage firms as well as leaders from the world of real estate finance, development, and investment management.
SAN MARCOS, TX-Buyer Triple Net Properties secures acquisition financing from GE Capital Real Estate, with the check going to STM Properties of Austin. Springtown Mall in San Marcos is a 96,423-sf venue leased to leading national retailers.
YONKERS, NY-City of Yonkers officials say that the Yonkers Industrial Development Agency has taken over the redevelopment of the former Purdue Frederick Pharmaceutical building here from Alfred Weissman Real Estate.