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.
IRVINE, CA-Timeshare developer MPTV Inc. has renewed its permits to renovate five buildings at its Lake Tropicana timeshare resort near Las Vegas, which is planned to include 144 apartments in 22 buildings, a tennis court, a spa, swimming pools and other recreation facilities. MPTV is seeking funding to complete the project.
CHICAGO-The 3,800-seat landmark theater at 175 N. State St. will be available to bidders, who are not likely to pay more than the $17 million in principal owed to the city, shortly after Labor Day.
AUSTIN-The Texas Physical Therapy Association will set up shop in 1,779 sf, signing a three-year lease for 800 Brazos. Proposals are out to fill the remaining 50,000 sf of the 184,000-sf CBD building, now 70% occupied.
HINGHAM, MA-The Hingham shipyard finally gets a new redevelopment plan. Sea Chain Marine has been looking to rehabilitate the property for years but concerns about the density and size forced the developer to scale back.
NEW YORK CITY-After 20 years in Midtown, a juicy incentive package has lured the home healthcare and staffing services provider from its East 23rd Street offices to a new Downtown space in a 10-year deal.
LONDON-Halladale, the AIM-listed developer and investor, has sold Walpole House, a 30,800-sf office investment in Ealing, West London for Pounds 7.125 million ($11 million).
NEW YORK CITY-Built as an A&S Department Stores warehouse and later acquired by Federated, 180 Livingston St. was bought last year by Long Island's TreeLine Cos. The transit agency's three-floor lease brings the newly renovated property to full occupancy.
LONDON-The worst could be over for the West End office market, according to new research from King Sturge. Although the amount of available office space has doubled in the past 12 months, the rate of increase slowed to just 5% in the last quarter.
NEW YORK CITY-Today's monthly meeting of the New York City Industrial Development Agency will address the commercial portion of the $8-billion Liberty Bond funding initiative.
SAN DIEGO, CA-The locally based contractor is renovating a 12-year-old condominium complex owned by Terra Vista I HOA c/o Preferred Property Management. Residents will remain in their condos during the rehab, which is slated for a March 2003 completion.