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.
BRIDGEWATER, NJ-The Texas-based developer's two-building Bridgewater Crossing, anchored by Aventis, is the final piece in this Somerset County community's masterplanned "town center," almost two decades in the making.
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.
BOSTON-The Massachusetts Turnpike Authority starts looking for developers to build on three parcels right near the highway behind Fenway Park. The three parcels total just over six acres but are in a prime real estate area and the air rights let a developer build over the highway.
HOUSTON-W. Roger Gregory, regarded as a local leader in real estate finance and the accounting community, takes over the senior VP and CFO role. He replaces Tom Kennedy, who is pursuing other opportunities.
LONDON- US pension fund clients of Pricoa Property Investment Management and Hines Air Property have agreed a Pounds 17 million ($25 million) sale & leaseback with technology company Scipher on a 90,000-sf R&D complex at Hayes, near London Heathrow airport.
PHOENIX-The prominent home mortgager takes office space on the first and third floors of the 301,614-sf office tower in the Camelback Corridor. It's the sixth metro Phoenix office for Dallas-based First Horizon.
REDMOND, WA-The three-year-old development wasn't intended to be a build-to-suit, but after Microsoft committed to lease the whole thing it was built out largely to the software company's high-end specifications. Hines estimates replacement value at more than $300 per sf. The sales price is expected to top $100 million.
MIAMI-The state's tallest office structure, the 55-story First Union Financial Center, hits the market six years after San Francisco, CA's The Shorenstein Co. acquired it for a record $207 million. The 1.2 million-sf property was estimated to be worth about $265 million last spring.
HOUSTON-The Houston firm of Kasowitz, Benson, Torres & Friedman adds 5,202 sf to its lease at 700 Louisiana. The law firm will be occupying 30,223 sf in a CBD office tower that's now 98% leased.
LANSDALE, PA-Blue Bell, PA-based Capital Solutions buys a fully-leased 93,795-sf class-A office building at 212 Church Rd. from First Evergreen for $14.5 million. Nine years remain on the current tenant's lease, estimated at $21 per sf.