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.
WATAUGA, TX-Goodwill Industries buys the Tarrant County store from the chain's disposition package after test driving the location. Now, it's time to start work for a conversion from big box grocery into super store.
PLEASANT PRAIRIE, WI-The motorcycle manufacturer establishes a new regional headquarters at the LakeView Corporate Park here. Build-out is under way and the space should be ready for occupancy by July.
HOUSTON-Alamo Cement Co., touted as the oldest producer west of the Mississippi, is venturing into Houston, buying ship channel land for a dock and storage area for importing cement. The terminal will take a year to build.
CORPUS CHRISTI, TX-Building permits are up for the first time in three years in the port city of 389,600 residents. A $50-million stadium and $30-million conference center renovation have sparked the interest.
WESTPORT, CT-In a deal that brokers contend reaped the highest per-square-foot price for any local office building, a private financing concern has paid $6.1 million--$305 per sf--for 300 Post Rd. West, a 20,000-sf office building here.
LEWISVILLE, TX-In simultaneous closings, a land speculator buys 411 acres and then carves out the tract for resale. Opus West beats out several other developers jockeying for the land. Ground will break in 60 days on a $20-million, two-building first phase.
CHICAGO-A land swap between the city and Chicago Transit Authority gives AIDSCare, Inc. enough land on the 1200 block of S. Sawyer Avenue to build a 64-unit campus for persons with HIV and AIDS.
PORTLAND-Although it will take 18 to 24 months to climb out of the hole, vacancy rates are expected to stabilize in 2003, peaking at 13% Downtown and 20% in the suburbs as slight employment growth begins a slow recovery, according to Grubb & Ellis' annual forecast report.
HOUSTON-Hall Financial Group buys into Tremont Tower, an eight-story, 76-unit condominium project at 3311 Yupon St. on the CBD's edge. The funds supplement $10.4 million secured through North Houston Bank and $3 million in cash from the developer.
SAN ANTONIO-Nashville-based Vanguard Health Systems has bought five acute-care hospitals with 1,537 beds from the Baptist Health System. The buyer also pledges $200 million for projects and agrees to maintain the nonprofit's current charity care levels.