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.
MIAMI-Lynn University of Boca Raton, FL and a group of developers/investors will replace the 30-year-old building with a 140-room hotel and 400-seat theater on the outskirts of Boca Raton, 50 miles north of Downtown Miami.
AUSTIN-Dallas-based Huitt-Zallors will have its design work done by November for a project to improve traffic flow at Austin's Yager Lane, Tech Ridge Boulevard and Interstate 35 junction. A contractor should be selected by spring 2003.
BOSTON-The Federal Highway Administration approves the finance plan of the next phase of the Big Dig, marking the first financial thumbs up for the $14-billion project since it was discovered two years ago that the project had rung up over $2 billion in cost overruns.
ATLANTA-First quarter numbers reveal that the city's retail sector has softened following a period of growth in the late '90s. Expect power centers to take a further beating this year, while the Southeast's darling-grocery-anchored centers-will continue to perform relatively well.
ATLANTA-The picture isn't a pretty one for this city's office sector. Overall vacancies have risen to 16.9%, Grubb & Ellis executives report. And a glut of sublease space has made matters worse.
LOS ANGELES-MB&S Silverman sells a 12,500-sf retail building at 5110 Sunset Blvd. and Vanowen Noking sells a 16,000-sf retail center at 20935 Vanowen St. in Canoga Park.
ONTARIO, CA-The specialty retail chain will take 98,821 sf of warehouse space in Ontario, according to the terms of the new lease. The company will relocate in May from its current facility in Irvine.
LONDON-The Royal Institution of Chartered Surveyors has responded to the House of Commons Transport, Local Government and the Regions Select Committee report on empty homes, which calls for strong government intervention to reverse the problem of empty housing prevalent in many northern towns.
LAKE FOREST, CA-The property is acquired by Sy Corp. of San Clemente in a transaction valued at $2.8 million. The company is using the facility for distribution.