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.
NORFOLK, VA-The expansion project at Norfolk International Airport comes to an end with the official opening of the new, 243,000-sf terminal and nine-story garage scheduled for July 1. A dedication ceremony, attended by local and state officials, took place earlier this week.
CHICAGO-If the same $52 per sf price paid for 19 properties so far holds for the remainder of the industrial portfolio inherited from Spieker Properties, the deal would be worth more than $300 million.
PHOENIX-With the crews gone, the leasing team can go full speed ahead on the development near Sky Harbor International Airport. Hewson Development has turned over the duties to an Insignia/ESG team.
PLANO, TX-Granite Properties gets its first tenants for the Shops at Granite Park, a 35,000-sf retail component for a 500,000-sf mixed-use park. A famed restaurateur takes 4,000 sf for his newest offering and Renaissance Homes, 4,400 sf.
MIAMI-The former associate vice president at Miami-based America's Capital Partners will focus on the Brickell Avenue and Coral Gables areas, including Codina Group's new office tower at 355 Alhambra Circle.
ATLANTA-The Greensboro, NC-based investor group, led by Steven D. Bell & Co., paid Atlanta-based Davis Development $68,058 per unit for the two Atlanta and three Tennessee complexes totaling 1,102 units. Average occupancy of the portfolio is 94%.
LONDON-Hammerson has sold its 300,000-sf Freshney Place Shopping Centre in Grimsby, Lincolnshire, to the Duke of Westminster's property company for almost Pounds 100 million ($150 million). The sale proceeds will be used to finance Hammerson's major development programme.
LONDON-Peter Barge, Chairman of Jones Lang LaSalle Hotels and CEO of the American Corporate Solutions division is returning to the Far East as CEO of the firm's Asia Pacific region.
MIAMI-Carter W. Hopkins Jr., who comes from a family involved in Miami real estate development since the 1920s, is the new vice president of brokerage services in the Miami office of Trammell Crow Co.