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.
SAN DIEGO, CA-Framing commences at Market Square Manor, a 200-unit affordable senior housing complex that is rising at Island and Market in Downtown San Diego. Slated for completion in mid-2003, the project will include a park, industrial kitchen, library, media rooms and laundry facilities.
PHILADELPHIA-The Downtown Columbus, OH office vacancy rate rose to 23.6% during the third quarter, according to research by the Columbus office of Los Angeles-based CB Richard Ellis. The exit of a bankrupt company from 90,000 sf and Andersen's departure hurt.
SCOTTSDALE, AZ-MSC Life Insurance Co. joins the roster at Galleria Corporate Center, signing a 5 1/2-year lease valued at more than $1 million. The firm takes 10,750 sf of the 606,521-sf structure at 4343 N. Scottsdale Rd.
LOS ANGELES, CA-The L.A. County office market posts negative net absorption in the third quarter, but absorption improved dramatically from a year ago and could hit positive territory by early 2003, an Insignia/ESG report says.
LONDON-Central London developers are putting speculative schemes on ice as a reaction to the depressed leasing market, according to new research from DTZ. More than 1.5 million sf of central London projects have been postponed over the past six months.
PORTLAND-The proposal by the The Macke Co. of California would have paid Portland Public Schools $50 million for control of its headquarters building for 20 years if the school district signed a 20-year, $90-million leaseback agreement.
DALLAS-Hall Financial Group of Frisco, TX wants $317 million for 7,700 units while the Bailey Family of Little Rock, AR puts a $148-million price tag on 3,902 units. Brokers say they're not flooding the market, but rather feeding the appetite.
ORLANDO-The 38-year-old, Fort Lauderdale, FL-based university with 900 fulltime Orlando area students is building a 60,000-sf structure in south Orlando between the 1.3-million-sf Mall at Millenia and Universal Orlando.
PORTLAND-Despite several retail chains closing stores in the market, other retailers are thriving and expanding and heretofore stalled projects are being revived, according to a third quarter report from Norris Beggs & Simpson that backs up a national report, which ranked Portland as one of the best retail markets in the country.