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-In one of the UK's largest hotel sale and leaseback transaction, Jarvis Hotels has sold nine of its hotel properties to a consortium of private investors advised by Lioncourt Capital of Dublin, for pounds 150 million ($233 million).
NEW YORK CITY-Parisian furniture designer Roche Bobois will open a three-level showroom at 35th Street and Madison Avenue within the next three months. Asking rent for the former Maurice Villency space was $1.5 million per annum.
AUSTIN-National Instruments and Trilogy Software come to terms over a 136,000 sf in the Millennium Building in Austin's northwest submarket. The two firms have been locked in talks since Trilogy said it was walking away from the office space.
LAKEWOOD, NJ-With a $4 million state grant also in hand, Cedarbridge Development Corp. is ready to start on the first phase of its 185-acre mixed-use park.
ARLINGTON, TX-Three industrial and two office leases bring new faces to Arlington, Dallas, Grand Prairie and Irving. Hood Transportation's move to Arlington from Fort Worth delivers the largest pact, 54,180 sf.
RESTON, VA-BAE Systems opens the doors of its new 130,000-sf, state-of-the-art headquarters for its Integrated Systems division, adding to the company's already considerable presence in the Fairfax County area. The $51.6 million endeavor will ultimately provide for about 1,000 new job opportunities.
AUBURN HILLS, MI-Sanicem landfill could become home for a new postal distribution center or a Delphi facility. The Brown Road Group of Royal Oak, MI, pays $5.5 million for 100 acres, and another $950,000 to settle back taxes.
AUSTIN-Lance Morris, senior vice president, is picked for the Austin post. He is tasked with management, training and hiring brokers for the office, but will continue to broker retail and investment deals in Central Texas.