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.
LONDON-Dexia Bank Belgium has sold five office buildings totalling 700,000 sf in central Brussels to the Belgian property fund Cofinimmo for $205 million, reflecting an initial yield of 6.9%.
ANN ARBOR, MI-Southeast Michigan's westward migration toward the University of Michigan, which has helped fuel an active office market, prompts the New York-based commercial brokerage company to set up shop here.
FORT WORTH-After four months of sitting empty, a class A office spot in the Mercantile Plaza is a hub of activity again. Verizon has subleased the space to American Administrative Group. The contract is good through April 2008.
ORLANDO-The Osceola County city that Walt Disney World built six years ago sold 330 townhomes and single-family units in FY '02, which ended Sept. 30. That increases its total sales since June 1996 to $500 million, the company reports.
BERKELEY, CA-Already in prison for bringing young Indian females into the country for forced prostitution and cheap labor, a major Berkeley apartment owner stands to lose some $70 million in assets if he loses a class action lawsuit filed by nine of the women.
DENVER-Developers Peter Culshaw and David Friedman are happy to get $13.5 million from the Rreef Fund for the 86,000-sf Third Maroon Circle office building in Douglas County they developed less than two years ago.
HOUSTON-Cargo Crating goes from an owner-occupied building to a leased site next door at 3010 Greens Rd. In the address change, the industrial firm puts an 18,000-sf building up for sale.
ONTARIO, CA-Montecito Baptist Church acquires the former Pacific Ten Theatre and plans to convert it into a church equipped with a community center and school. Occupancy is slated for November 2002.
THE WOODLANDS, TX-Trademark and the Woodlands turn the first shovel of dirt for the 468,000-sf Market Street, a 34-acre undertaking in heart of the community. Trademark kicks in about $9.8 million up front for public facilities.