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.
NEWPORT BEACH, CA-Weakness still remains after this red-hot market cooled along with the economy, but a study by Marcus & Millichap shows "signs of recovery," including the prediction that vacancy rates should improve slightly in the next 12 months.
DALLAS-The office/tech sector racks up the largest amount, 63,582 sf, in the mixed bag of 16 deals for Dallas, Fort Worth and their suburbs. GE Capital is the building owner with the largest gain and the largest deal, 40,496 sf at Skyline Business Center.
WASHINGTON, DC-Marriott International Inc. subsidiary Marriott Senior Living Services could go it alone as company officials contemplate spinning off the independent and assisted living residents division.
ORLANDO-Bidding against an unknown investor, the Scottsdale, AZ-based lender bested its rival after 11 back-and-forth bids for the 102-unit, four-building Sheraton Vistana Resort at the 6,300-acre World Golf Village community between Jacksonville, FL and St. Augustine, FL, 150 miles north of Downtown Orlando.
NEW YORK CITY-Rochester and Palo Alto, CA-based biotech firm Genencor will spend up to $50 million on an upstate facility for clinical trials of drug candidates. The complex may lead to further expansions of the firm's Rochester operation.
DENVER-Sunday's auction conducted by Chicago-based Sheldon Good & Co. is hardly a replay of the distress sales of the 1980s and early 1990s. Developer Bryan Barnes just wants to sell out the units and move on to another venture.
LONDON-Hines Real Estate Holdings has bought a 130,000-sf City office investment from the beleaguered Marylebone Warwick Balfour group in a Pounds 53.5 million ($83 million) deal.
WASHINGTON, DC-Washington Square office building now boasts 100% occupancy with law firm Gibson, Dunn & Crutcher LLP's 132,048 sf lease renewal and 15,350 sf lease extension. Financial details of the 15-year signing are not being released, but space in the building ranges from $40 to $46-per-sf.
SAN FRANCISCO-While the Presidio Trust board of directors has reaffirmed its support for the 1,500-acre Presidio redevelopment blueprint, it failed to give its final approval at a meeting yesterday.
PHOENIX-Vaughn Development puts up money for the southeast corner of Desert Foothills and Chandler Boulevard in Phoenix's southern sector. Collecting the check is Anxon Development.