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.
MARLBOROUGH, MA-Telica, Inc., a provider of softswitch-based voice- and data-switching systems for telecommunications networks, expands and renews its lease at 734 Forest St., the company's headquarters. The firm is looking to grow while centralizing its operations.
LONDON-Key Property Investment, the joint venture between St Modwen Properties and Salhia Real Estate Company, has agreed to pay nearly 30 million-GBP ($43 million) for the Elephant and Castle Centre in London
PHOENIX-A San Francisco investment trio acquires the 40-unit Ernot Apartments from a Phoenix-based seller. The per unit price is $31,250, slightly under the average for class B properties. The submarket's average rent is running $681 per month.
LONDON- Major sporting events fuel an uplift of more than 20-pc in hotel revenues, according to Jones Lang LaSalle Hotels. As host of the 2003 Rugby World Cup, Australia is about to see a room-rate boom
PLYMOUTH, MN-The biotech company also plans to spend about $10 million in improving its 74,000-sf facility here. However, it reveals it has bought 29 acres in Brooklyn Park.
AUSTIN-HNTB Corp., a Kansas City, MO-based multidisciplinary firm, looked and then stayed put after latching onto about double the office space at its existing address. The architecture, engineering and planning firm is taking the stairs at Southpark One.
DENVER-The $50-million project at 24th and Blake streets, where units will rent from $900 to $2,900 a month, is drawing interest from members of the Colorado Rockies and Avalanche, who work nearby.
ORLANDO-Orange County chairman Richard Crotty and other elected officials aren't expected to place a petition with 260 signatures from the newly formed Coalition for Property Rights on the front burner, even though the group concedes it has a public relations problem in the community.
CHICAGO-The State of Wisconsin Investment Board sells the 448-unit Willows of Coventry and 248-unit Pointe Inverness complexes in Fort Wayne, IN as well as the 296-unit Perrys Crossing in Toledo, OH to Norfolk, VA-based Harbor Group International.
PHOENIX-Developer Fred Unger partners with businessman Mark Doerflein on the $3.24-million acquisition of a mostly vacant CBD office building. The duo is working out details for a 56-room boutique hotel, 26 condos and retail space.