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.
VAN NUYS, CA-MV Transportation Inc., which provides services for the disabled, will open a regional facility employing 200 workers in this San Fernando Valley community.
SOUTHFIELD, MI-A 97,000-sf building doubles space of the current facility when it opens, tentatively scheduled for July 2003. The building itself costs $26 million; furnishings and design work add up to more than $10 million.
SAN ANTONIO-The San Antonio firm has six shopping centers in four Texas cities in its pipeline. All are neighbors to Wal-Mart, which one partner says has more appeal than any other retailer for the value crowd.
ATLANTA-Harbison Court in Columbia, SC and Riverchase Promenade in Birmingham, AL are part of a five-property, $81.65-million package purchased from New York-based Lehman Brothers for an average $53 per sf.
ATLANTA-Office vacancies rose one point to 15.6% in second quarter. Rental rates average $18 per sf, according to a new report by Nashville, TN-based Grubb & Ellis/Centennial.
MIAMI-Delray Beach has the lowest vacancies at 2.2% while Boynton Beach has hit the 20% level in a county-wide market where new construction has slowed to a crawl, according to a second-quarter report by Cushman & Wakefield of Florida Inc.
BOSTON-The state legislature passes the omnibus housing bill, which includes a financing alternative for municipalities to fund capital improvements. After six years, NAIOP is thrilled that the local developmental tool finally made it through.
DENVER-Shaquille O'Neal tells GlobeSt.com, "My goal is to eventually own $1 billion in affordable housing. Free and clear." Backed by Portland, ME-based American Housing Preservation Corp., he starts with a $100 million, 1,407-unit deal in Colorado.
LOS ANGELES-Starpoint Properties acquires the apartments in three Mid-Wilshire buildings for an average of $27,178 per unit and plans renovations in a value-added play.
WASHINGTON, DC-Cushman & Wakefield taps broker Andrew M. White will direct mid-Atlantic expansion plans of the Apartment Group, the multi-family investment advisory firm Cushman acquired in 2001.