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.
ROUND ROCK, TX-APS Automation Plus Systems becomes the fifth tenant in the developing Round Rock business park. The tenant's broker says the signing ends a two-year search for a suitable site.
SCOTTSDALE, AZ-Given the soft office market, it was time to decide whether to hold or fold on 7.5 acres in the 260-acre Perimeter Center. Buyer Plaza Cos. intends to build an 86,000-sf, three-building medical center on its acquisition.
ATLANTIC CITY-The ocean liner is out, and Monopoly is in as retail developer Gordon Group Holdings unveils its plans for the latest makeover of the old Million Dollar Pier.
BOSTON-Modern Continental, the lead contractor on the Big Dig, sells Independence Wharf to GE Asset Management. Industry sources tell GlobeSt.com that the 14-story office building fetched more than $80 million.
WEST HILLS, CA-The Family of Roy E. Disney sells the 560,000-sf West Hills Corporate Village, a former aerospace research park, to Multi-Employer Property Trust of Washington, D.C.
CARLSTADT, NJ-Bad weather-related damage to its existing Garden State distribution center forced the soft drink bottling giant to move some of its operations to a Whitehall Industrial Properties facility.
BALTIMORE, MD-MuniMae reveals it will invest as much as $175 million between now and 2006 in a venture with Rockville, MD's Capreit. Already, $64 million has been committed to purchasing equity interests in 18 of Capreit's property partnerships. Capreit will contribute $16 million to the venture.
LONDON-Marylebone Warwick Balfour, the troubled service office and hotels operator which earlier this year announced a phased liquidation of its portfolio has sold three investment properties for a total of Pounds 24 million ($36 million).
STERLING HEIGHTS, MI-The 260,000-sf shopping center is located in a populous area. The firm will manage and lease the property as well as build a 13,000-sf office and medical building there.
LA JOLLA, CA-The Los Angeles-based developer expects to open a 210-room resort adjacent the University of California at San Diego. Completion of the Blackhorse Hotel is slated for 2004.