Commercial real estate instant insights 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.
HOUSTON-The Boca Raton, FL-based REIT signs an agreement to buy the 1.2-million-sf office complex in the Uptown/Galleria submarket for about 50% of replacement value. Sellers are Dallas-based Cottonwood Partners and Osaka, Japan-based West Oak/Nissei Associates.
DALLAS-Crow Holdings is about to sit down at the closing table for 2100 McKinney, the latest in a string of trophy sales pushing prices well above replacement costs. Commercial Developments International/East is still rumored to be the buyer.
BOSTON-Hines and TUDC drop the height of the office tower at their 1.9-million sf mixed-use project proposed for South Station. The developers say they are responding to concerns voiced by abutters and the FAA over the planned height of the building.
DALLAS-UT-Southwestern Medical School and the Certus Group cap a year of talking for wet lab space to launch its Cytogenetics research. UT signs a five-year lease for Research Row Biolabs. The lab rolls out in January 2003.
DALLAS-UT-Southwestern Medical School and the Certus Group cap a year of talking for wet lab space to launch its Cytogenetics research. UT signs a five-year lease for Research Row Biolabs. The lab rolls out in January 2003.
HOUSTON-The leading honor goes to Gerald D. Hines, the third annual winner of the Urban Land Institute's J.C. Nichols Prize for Visionary Urban Development. With the honor comes a $100,000 check.
AUSTIN-Aon Services steps into 9,236 sf at Computer Sciences Corp.'s Arboretum Boulevard building while the Daughters of Charity Health Services of Austin leases 12,743 sf at a Chevy Chase Drive office building.
DALLAS-The property is the 145,610-sf McKinney Place. The buyer is CB Richard Ellis Strategic Partners II and the seller, Trizec Properties. It's the fund's second Uptown office acquisition in 30 days.
HOUSTON-The law firm of Chadbourne & Parke of New York City will move in Oct. 31 to 12,000 sf leased on the 35th floor of 1100 Louisiana. The deal was crafted by Trione & Gordon and Hines Interests.
DALLAS-American Turf & Carpet gets a deal that shaves $1 per sf off the submarket rate, the broker says. The carpet and turf distributor, in turn, steps into half of a vacant warehouse building in the Hines North submarket in Dallas.