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.
NEW YORK CITY-Times and places have been set for the first three events in the Real Estate Media Conference Series. Dallas, New Jersey and New York City will all host conferences in September and October.
SEATTLE-Seattle School Board members are set to decide this week whether to sell an 8.4-acre parcel in South Seattle to Costco Wholesale Corp. for $12 million. The bulk discount retailer wants to use the space for additional parking.
ATLANTA-The restaurateur has signed a 15-year, 9,500-sf lease for an estimated aggregate rent of $3.7 million or about $26 per sf at the high-end restaurant spot in the 20-story Trizec Properties Inc. building that opened last year in Buckhead.
MINNEAPOLIS-Co-founder John Boorn steps down as chief executive offer to become chairman while management services head Greg Karlen becomes president, assuming leadership of the newly consolidated development, management and leasing services.
BURBANK, CA-The fixed-rate, 10-year term financing will be used to retire construction and pay for mezzanine financing on the development, which has a 99% occupancy level.
ELMWOOD PARK, NJ-The new owner, a 40-year-old, privately-held company, plans to do a gut renovation of the asset, which was sold by EPM Group Engineers and Invensys Co. Cushman & Wakefield arranged the deal.
WOODLAND HILLS, CA-In one of the San Fernando Valley's largest lease deals this year, the company is expanding its current lease by 60,000 sf to a total of 160,000 at Warner Center, a 605,000-sf, 25-story office building.
PORTLAND-Robert Scanlan of ScanlanKemperBard tells GlobeSt.com the sale of Capital West will give his merchant bank and development advisory firm back some agility it lost when it acquired the investment firm in March 2000. The two companies' relationship will remain intimate, however.
NEW YORK CITY-Lance T. Shaner has given up his quest to acquire a 51% stake in Interstate Hotels, thereby leaving one less obstacle in the path toward a merger between Interstate and MeriStar Hotels & Resorts.
BELLEVUE, WA-Richard Leider, Lincoln Square's project director for developer Lend Lease Real Estate Investments, says the mixed-use development project underway in Downtown Bellevue will spend the next five- to six-months reevaluating the project to meet opportunities presented by changed market conditions. In March, citing previous delays, the development's anchor office tenant jumped ship.