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.
WASHINGTON, DC-1212 New York Ave. gets a new owner as W9/LWS Real Estate Limited Partnership sells the 14-year-old building to Jaguar Properties LLC for $23.25 million.
MEDFIELD, MA-A proposal to transfer 140 acres of land from Medfield State Hospital here to Medfield State Park, creating a 600-acre park, gets underway as the Medfield State Hospital Preservation Committee meets with state legislators to discuss the proposal.
ORLANDO-Mortgage Bankers Association of America reports the Kansas City-based, wholly owned subsidiary of PNC Financial Services Group posted $68 billion in 2001 commercial mortgage servicing. CapMark Services LP, a subsidiary of New York-based Lend Lease Real Estate Investments, logged $64.4 billion.
LONG BEACH, CA-Ocean Beach Investors, a San Francisco-based private investor, has purchased Park Tower, a 115,407-sf office building here, according to Grubb & Ellis Co. The transaction was valued at $14.5 million.
PHOENIX-Dave Cheatham racks up more honors as does his co-leader Darren Pitts and the entire Velocity Retail Group in Phoenix. Last year, CBRE's Top 20 producers nationwide closed leases and sales for more than 33 million sf.
ORLANDO-More consolidations and greater risk-taking face the industry, said James M. Murphy, chairman of the 2,800-member, Washington, DC-based Mortgage Bankers Association of America, at the 12th annual, commercial real estate finance/multifamily housing convention at the Walt Disney World Dolphin Hotel.
GLASGOW-Glasgow International Airport is to have a new hotel following the news that BAA Scottish Airports has won consent for 250 bedrooms. It adds to a clutch of hotels at the airport.
SPOKANE, WA-From the perspective of both a Northwest hotelier and an industry consultant, the strength of the hotel industry in Washington is spotty--cold spots being fly-to destinations, and the smaller drive-to areas marking the state's hot spots.
PORTLAND-McDonald's optioned the site after Arby's closed in October 2000, but assigned the option to a local architect last year after being denied a drive-thru. The architect, who planned residential over retail, never exercised the option. Now a new buyer has similar plans.
ARLINGTON, TX-The Richmond, VA-based REIT now owns 29 multifamily properties in Dallas-Fort Worth. The newest acquisition, assessed at more than $19 million, is North Arlington's Jefferson on the Cliffs, now just called the Cliffs.