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.
AUSTIN-Baxter Planning Systems settles into 6,308 sf at 7801 N. Capital of Texas Highway. The relocation from within the northwest submarket delivers 31% more office space to the new tenant.
FAIRFAX, VA-Pulte Homes Inc. renews its lease and expands its space at 10600 Arrowhead Dr. in a new seven-year deal. The company takes on an additional 3,872 sf in the 66,200-sf building, bringing its office size up to 22,113 sf.
NEW YORK CITY-The real estate and travel giant is again forced to defend itself against published reports stating the SEC is investigating its dealings with online real estate firm Homestore.com, which has been under scrutiny by regulators for the past year.
PHILADELPHIA-An unidentified Mid-Atlantic REIT pays locally based BPG approximately $166.72 per sf for the 62,379-sf Union Meeting IV office building, located in a 500,000-sf, eight-building office park. The14-year-old three-story property is 100% leased to five tenants.
ATLANTA-Crown American Realty Trust of Johnstown, PA bought the 16-year-old, 80%-leased, 629,000-sf Wiregrass Commons Mall in Dothan, AL from Metropolitan Life Insurance Co.
BALLSTON, VA-Financial investment consulting firm Cambridge Associates LLC leaves Arlington for Ballston by committing to nearly 83,000 sf over four floors in the new building at 4100 North Fairfax Blvd. Space in the 255,000-sf structure leases for $31 to $32 per sf.
TACOMA-Two office buildings in Tacoma, which are fully occupied by the state's Department of Social & Health Services, have changed hands in a $36.5 million transaction.
DENVER-The $40-million, 196-room J.W. Marriott is expected to command average room rates of about $170 per night when it opens in the spring of 2004 on the Sears Roebuck & Co. site.
SANTA MONICA, CA-The retail property real estate investment trust is offering the shares at $29, in an offering by Deutsche Bank Securities Inc. expected to close on Nov. 27.
PALM SPRINGS, CA-The Star Canyon Resort, including 255 timeshare units, was previously approved by the City Council but seeks a nod for changes to the development agreement that would help finance the deal.