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DALLAS-A RREEF-owned building near Valwood Industrial Park goes to 100% occupancy with a 23,405-sf lease from a start-up company. In Dallas, AMB Properties signs an Ohio-based company to 18,967 sf at Crossroads II.
BOSTON-Fenway Ventures' development proposal for a 2.2-acre parcel in the Fenway is approved by the city's zoning commission. The project involves 580 units of housing, 53,000 sf of retail space and 500 underground parking spaces.
EDINA, MN-The 10,800-sf restaurant in Southdale Shopping Center is one of 12 the chain will open this year in the US. The chain's 52nd store will have 300 seats.
ORLANDO-The Dallas-based brokerage names Phil Carter of Colliers Arnold to head the new retail services division which complements the seven-month-old corporate services office at 100 S. Orange Ave. Downtown.
GLENDALE, AZ-The Cimarron Village Apartments goes from a Utah private investor to one from Chicago. The 120-unit complex is positioned in a submarket with a 93% occupancy and a $620 average monthly rent.
ATLANTA-Trammell Crow Co. will help locally based WorldTravel BTI with new site selection, renewals, lease administration, auditing and project management. The contract's value wasn't disclosed.
DALLAS-Texas hoteliers are fine-tuning their numbers for first-quarter conference calls. The usually optimistic reports undoubtedly will bring more of the same positive news. But, says PKF Consulting, it's simply because "there's nowhere to go but up.
WASHINGTON, DC-Law firm Foley & Gardner will have exporter office space just around the corner from its current home with the lease signing for nearly 64,000 sf in the Foundry Building.
RICHMOND, CA-While developers shy away from big projects in today's uncertain market, Simeon Commercial Properties is taking advantage of the situation, planning two multi-million dollar projects in the East Bay.
CHICAGO-Equity Office Properties chairman Samuel Zell is "kind of stunned by the number of inquiries that have come from outside the industry" after president and chief executive officer Timothy H. Callahan's resignation. Severance for two departing acquisition executives will cost $6.4 million.