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.
WOBURN, MA-Acme Packet leases 20,400 sf here at 130 New Boston St. in a 55,000-sf building owned and managed by Quincy-based The Grossman Cos. Inc. The company, which produces data network routers, will use the space as its regional sales office.
ATLANTA-Preliminary orders for December 2001and the quarter ending Dec. 31 were up 39.4% from the comparable 2000 period, with the central region leading in volume.
IRVINE, CA-The property is located at the corner of Tesla Way and Irvine Center Drive, in Irvine Spectrum V. The project is slated to break ground in spring 2002. Completion is scheduled for winter of the same year.
DENVER-There's still a wide gap between buyer and seller expectations, which means sales transactions may not get done because owners can afford to sit on properties, says L.J. Melody & Co. vice president Eric Tupler.
NEW YORK CITY-While some New York-area businesses may see suburban and outer-borough low-rise office campuses as a safe option to Manhattan's towering landscape, mainstay industries such as finance and advertising are unlikely to abandon their presence here.
STAMFORD, CT-Large blocks of sublease space put on the market in the fourth quarter of 2001, especially by high technology firms, caused the office availability rates in downtown White Plains and Westchester County to spike higher.
LONDON-Workspace Group, the specialist investor in small business units, has bought a portfolio of three properties in central London from Chelsfield as it reinvests the proceeds of the sale of all of its Midlands properties.
HOUSTON-Clarion Partners acquires the 385-unit Pin Oak Estates, an upscale complex located inside Loop 610. The Morgan Group marks back-to-back sales to Clarion with the closing on the two-year-old development. Before that, Clarion bought an office property.
ANN ARBOR, MI-A technology center here will house development teams for new online information network in A2. The state has issued request for proposals to build the "Internet2" center.
HOUSTON-John P. LaWare takes the pilot's wheel for Stewart Information Services' board of directors. LaWare was a member of the Federal Reserve from 1988 to 1995 and a member of Stewart's advisory board for the last six years.