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ORLANDO-The independent, 40-agent boutique realty firm that started with two professionals five years ago is shooting for an $80 million sales year after posting $61.4 million in 2001.
BOSTON-The last piece of Emerson College's plan to consolidate its campus in the Midtown Cultural District got the green light with the Boston Redevelopment Authority's approval of the college's plan to build a 14-story dorm on Boylston Street.
NEW YORK, NY-Vertical Line Productions purchases the industrial facility, which sits on 10 acres in the Long Island town of Riverhead, for use as a warehouse expansion to its nearby headquarters.
MIAMI-The Toronto-based and internationally renowned design firm Yabu Pushelberg will design the interior of the planned 896-unit residential development here. The project also recently opened an on-site sales center.
BOXBOROUGH, MA-Seranoa Networks takes 24,000 sf at 60 Codman Hill Rd. The high-tech company is relocating from Concord, MA in a move that--unusual in the current economy--will quadruple the size of its headquarters.
ORLANDO-Local leaders tell GlobeSt.com that life insurance firms and Wall Street conduits are hungry to make 5% to 6% loans--but only to stabilized properties with a strong operating track record.
LONDON-Denver-based ProLogis, the world's largest industrial REIT, will develop two build-to-suit distribution facilities for Ahold Polska for a total of 614,618 sf in Piotrksw and Bedzin, two key Polish distribution markets.
CHICAGO-A Commercial Real Estate Organization panel agrees that office tenants, whose recent indecision as often been rewarded by a continued softening of rental rates, may soon be forced to sign deals as the market turns up.
LONDON-The Kenmore Property Group has sold mixed office industrial and retail portfolio to the Ashbourne Proeprty Fund for pounds 45 million ($71 million). The sale achieved a net initial yield of 8.75%.
MIAMI-The center for the planned $49 million, 90-unit, luxury condominium project is located at 330 Sunny Isles Boulevard. The oceanfront condo tower, developed by J. Milton & Associates, will be at 16275 Collins Ave. in Sunny Isles Beach, FL.