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.
MIAMI-The college will move to 65,000 sf in the former Omni International Mall. Miller Construction Co. of Fort Lauderdale is completing the $5.9 million project on an expedited schedule.
PHILADELPHIA-Four recent leases totaling 55,000 sf are signed at class-A office buildings in the surrounding suburbs. The tenants represent a mix of expansion, renewal and newcomers at properties owned by King of Prussia, PA-based O'Neill Properties and Cranford, NJ-based Mack-Cali.
AUSTIN-Wal-Mart, Lowe's and Trammell Crow have their land to push ahead on the 500,000-sf Five Oaks Plaza, the reason behind the relocation of an interstate interchange. Trammell Crow's 48-acre buy is the linchpin.
GREATER BOSTON-More bad news for the suburban market from Meredith & Grew's third quarter market statistics. Vacancy rates are going up, rents are coming down and demand is flat, while sublease space continues to be a driving force in the market.
DALLAS-The bulk of a 45-store assignment lands on desks in Dallas. CBRE and Winn-Dixie are signing the marketing contract as the Dallas team guards letters of intent for three Dallas-Fort Worth sites in the 25-store Texas package.
AUSTIN-Mack Scogin Merrill Elam Architects will begin the 18-month design work in March after a site is chosen. The federal courthouse location decision has had Austin up in arms to protect sites for a project estimated to cost $45 million to $55 million.
BALTIMORE, MD-A project is in the table to build a hotel and office building on the city-owned parcel near the Convention Center. In a joint proposal, Quadrangle and RLJ are planning the 750-room hotel, while Catholic Relief Services is planning its 200,000-sf HQ.
ORLANDO-Willow Creek Development LLC of Escanaba, MI has paid Flagler Development Co. of Jacksonville, FL $6.9 million or $5,172 per acre for the dirt in southeast Titusville, FL, near the Kennedy Space Center, 60 miles south of Downtown Orlando.
DENVER-Now owned by London-based Tomkins plc, the company could have moved anywhere in the US or UK, but decided to stay in the city, partly on its location in the Mountain Time Zone. The company trades in an industrial building for 285,000-sf class-A headquarters.
NORFOLK, VA-Park Crescent Apartments, the 288-unit luxury residential complex built here in 1995, commands $15 million in permanent financing for owner Park Crescent Associates, a limited partnership. Real estate investment banking firm John B. Levy & Co. is behind the 10-year term mortgage.