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.
ORLANDO-Alysha Enterprises plans to break ground in February on a five-story, estimated $8 million hotel in Tavares, FL, across from the $129 million, six-story Florida Hospital Waterman which is completing the office component of the 350,000-sf project.
ROLLINGWOOD, TX-Next week, Cencor Development breaks ground on a 110,000-sf retail project. Down the street, construction has just started on a 12,046-sf bank. New roads, new buildings are all part of the growing pains for the town of 1,400.
SPARKS, MD-Leasing activity at the 78,240-sf flex structure in the two-building Loveton Business Park reaches full capacity. Completing the tenant roster at the two-year old property are ADS Corp. and Bionicare Medical Technologies Inc., which committed to 4,500 sf and 5,760 sf, respectively.
NEWARK-Wank Adams Slavin Associates, which has been around since 1903 and is based in New York, aims to increase its presence in the Garden State's construction market.
FORT LAUDERDALE-The Altman Cos. of Boca Raton and the locally-based Abdo Cos. are planning 338 residences in two 22-story buildings facing New River here.
UPLAND, CA-The 260-unit complex includes 104 units set aside for affordable housing, according to Brian Hawkins of Hendricks & Partners, who brokered the deal.
NILES, IL-Joseph Freed & Associates sells the Jewel/Osco-anchored retail center for just $59 per sf, with a chance to get nearly 35% more through earn-outs. While Wickes Furniture, Homemakers, Office Depot, REI Mountain Outfitters and JoAnn Fabrics are on the tenant roster, the center is only 74% occupied.
HOUSTON-Apex Real Estate Group helped roll out the residential changes and now has secured 3.3 acres to start the retail push along Washington Avenue. The plan is to build a 29,000-sf center filled with national tenants.
VISTA, CA-The 10-unit property, known as West Drive, consists of nine studio apartments and a three-bedroom house. Located at 1924 West Drive, it was 100% occupied at the time of sale.
ARLINGTON, TX-Bank One leases back a combined training center and banking facility through year's end to get more time for a relocation across town. The plan going forward is a replacement bank tenant and some retail.