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.
NEW YORK CITY-New hotels opening in Manhattan will benefit from the lack of funding for hotel construction here. But investor interest in the lodging market on a national level is keen, with a recovery predicted for 2003.
ORLANDO-Theme park executives will be pitching their space this week at the annual Sundance Film Festival in Salt Lake City, UT where they hope to sign leases for their Orlando properties.
ORLANDO-Fourth-quarter net absorption of 62,069 sf is at a three-year low in a 30.3 million-sf market as property owners of class A and class B assets increase concessions to keep 14% vacancies in check.
ARLINGTON, VA-The Washington Capitals submit the official site plan for their new ice hockey training facility, which would be located in the Ballston area of Arlington County and available for public use. If county officials give the go-ahead, construction on the facility--which will be located atop the Ballston Public Garage--would begin this summer and be completed in 2003.
CHULA VISTA, CA-A 16-building complex in this South County community has been purchased in a deal valued at $12.4 million. The buildings are 87% leased, with major tenants including Quality Plus Automotive Parts.
EATONTOWN, NJ-Some 220,000 sf of buildings on the former production site will be torn down to make way for a new home center as the burgeoning retailer continues its inroads in the Garden State.
ALAMEDA, CA-Already home to 150 biotech companies, the City of Alameda is powering up for a major marketing blitz, flaunting its low commercial power rates in an effort to attract more business to the region.
AUSTIN-The Garden Terrace Apartments will undergo a make-over to develop 85 rooms into affordable housing. The Capitol Area Homeless Alliance gets nearly $1.3 million from the city for the William Cannon Boulevard property.
SEATTLE, WA-In its 2002 forecast, Grubb & Ellis predicts real estate investors will continue to look beyond the feeble economy, which is expected to reverse well-before the end of a traditional real estate holding period. But available product may be insufficient to satisfy demand.