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.
HOUSTON-The Houston-based distributor closes the books on a 74,500-sf warehouse that it's subleased to two tenants for the next five years. At its two-month-old 311,600-sf build-to-suit, Victory has brought 91,200 sf to market.
PHOENIX-The Richards Industrial Park is bought with entrepreneurial capital, says a broker. The California-based buyer particularly liked that the 17-year-old building in West Central Phoenix isn't management intensive.
AUSTIN-PerformanceRetail slides its operational base into 27,500 sf at the Lakewood on the Park in Austin's northwest submarket. The inbound firm, taking sublease space from i2, is a morale boost for the city's ailing markets.
OXNARD, CA-The multifamily syndicator and operator pays $10.4 million for the apartment community and an adjacent three-acre parcel. The deal translates to an 8.3% capitalization rate and a 6.8 gross rent multiplier.
DETROIT-The $33.5-million project will include 126 multifamily units and 73,000 sf of retail space, adding more commercial development to an area of a city thirsty for new business and residents.
DALLAS-LaSalle Hotel Properties has the good word of a Dallas judge that he will hear the case Tuesday if today's eviction hearing is continued or a decision is not forthcoming in short order. With that said, the judge nixed a writ but marked the calendar.
ORLANDO-The Columbus, OH-based lender has closed a $17 million bundled loan for the 238-room Hilton Tampa Westshore in Tampa, FL and a $1.3 million mezzanine loan for the 119-room Hilton Garden Inn in Jacksonville, FL.
PHOENIX-The Ashton Tiffany insurance company heads into a 4,000-sf street-level office at 4041 Central Plaza in Phoenix. Meanwhile, the All Wood Furniture Co. signs for 7,203 sf at Glendale's Bell Tower Village.
MIDWAY CITY, CA- Built in 1973, Midway Manor Apartments consists of 99 one- and two-bedroom units. The financing has a 6.68% interest rate and a loan to value of 71%.