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.
OXNARD, CA-AstroCosmos Metallurgical has signed a 10-year lease valued at $3.9 million. The company will be expanding its headquarters into a 70,000-sf facility here.
OAKLAND, CA-The Board of Supervisors decides this week whether to approve the Major League Baseball franchise's proposal. The JPA, the Alameda County Board of Supervisors and the Oakland City Council all must approve the proposal.
SMITHFIELD, RI-Dow Chemical Co. will be able to develop a bio-pharmaceutical research and manufacturing facility and Fidelity Investments will expand its campus thanks to a land swap deal brokered by the state's Economic Development Corp.
NEW YORK CITY-Travel and real-estate services provider Cendant Corp. trades 48.3 million of its own shares for 90% of the outstanding stock in timeshare company Trendwest Resorts Inc. Cendant will acquire the remainder of Trendwest's common stock, possibly within 30 days.
SKOKIE, IL-Inland Mortgage Corp. steps in for another lender three weeks before closing, delivering an $11.8-million, 24-month floating-rate bridge loan for a 484,370-sf building here. The loan also is pegged at 75% of estimated stabilized value.
ATLANTA-The Oak Brook, IL-based REIT is out of the real estate business, having unloaded its last property asset to Delaware-based West Coast Realty Investors Inc. for $63.66 per sf. The closing is set for July 17.
ORLANDO-The governing board of the 64-year-old, five-story, 325,000-sf acute care hospital in Eustis, FL, 30 miles northwest of Downtown Orlando, plans to give the 14 acres to a community trust for redevelopment in the central business district of the lakefront city of 16,000 permanent residents.
PHOENIX-With 15 months to go, the university decides to hold onto its established identity in its 227,034 sf at Hohokam Towers. It's not because leaders didn't look elsewhere. In fact, they even considered a build-to-suit.
HOUSTON-In a submarket with a 13.9% vacancy, any deal would be welcome. Mexi-Link's lease is particularly soothing since it brings a corporate headquarters relocation to the Energy Corridor. The importer will set up shop in 2,270 sf.
DALLAS-John Artope's appointment as vice president brings a specialist on board with a client roster that includes Tony Roma's and Florida-based Darden Restaurants. Given Darden's focus on North Texas, it's a good deal for everyone.