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.
LONDON-The McDonalds Corporation has successfully exited from its troubled coffee bar venture Cafi Aroma. Rival operator Caffe Nero has bought the 31 UK stores and the worldwide rights to the Aroma brand.
SEATTLE, WA-The first quarter of 2002 saw vacancies rise in Puget Sound's industrial real estate. The severity of damage sustained varied widely sub-market to sub-market, but Northend to Pierce County the results were the same, higher vacancy rates.
BOERNE, TX-The 40-unit Bentwood complex has no trouble trading hands since it's situated in a market with a good cap rate. The town, about 30 miles from San Antonio, is a favorite resting ground for city workers.
PORTLAND-Local sources say the Denmark-based wind-power turbine manufacturer is looking for between 50,000 sf and 60,000 sf of office space while it builds its North American headquarters here.
PHOENIX-MC Development Corp. and DITRON Inc. have acquired lots in the Northwest Airpark, a 65-acre project at the crossroads of 19th Avenue and William Road in Phoenix. Both intend to own, build and occupy their structures.
ORLANDO-The Carlisle Group of Coconut Grove, FL has broken ground on Lenox Court, a planned 360-unit, 15-building affordable housing project on 26 acres in West Jacksonville, FL, 230 miles north of Downtown Orlando.
HASBROUCK HEIGHTS, NJ-The firm represented both the buyers and sellers for all six assets, all of them industrial or mixed-use buildings located in New Jersey and New York.
ATLANTA-A handful of land parcels have traded hands in the Southeast for the development of new multifamily properties and the expansion of existing assets. In one of the deals, NorSouth Corp. plans to develop a 50-acre property in Fairburn, GA with 493 units.
CHICAGO-A team of veteran restaurateurs here and in New York will open a 10,000-sf Japanese restaurant in the 1.5-million-sf, $230-million office and technology center along the Chicago River. The deal is hoped to be a catalyst for additional retail leases.
ORLANDO-The vacation rentals and timeshare booking service is adding 498 condominium units to its management/marketing portfolio with the signing of Maesbury Homes Inc.'s 116 rental condos on Lake Davenport. The value of the contract wasn't disclosed.