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.
ATLANTA-An estimated 570,000 sf of retail is in limbo as Super Discount Markets Inc. refocuses and begins expanding its Sav-A-Lot division elsewhere in the Southeast.
WASHINGTON, DC-In the beginning stages of a marketing campaign for a building that is to go up by 2003, John Akridge Companies has launched a new Web site to attract potential clients. The company has used Web sites as a marketing tool to tout other new buildings in the past, and expects the Web site to help fill the structure at 900 Seventh St. with tenants.
MIAMI-Michael Cannon, managing director, Integra Realty Resources-AREEA/South Florida, predicts more than $100 billion in federal spending since the Sept. 11 terrorist attacks will trickle down to the general economy and eventually lead to a rally in the commercial real estate markets.
DENVER-The current vacancy rate of 6.8% compares to 7.4% 11 years ago, when the area was coming out of a real estate depression. Concessions have cropped up and are expected to continue.
ROSEVILLE, MN-The "select service" hotel 10 minutes from Downtown Minneapolis and 15 minutes from Downtown St. Paul will be owned and operated by CSM Lodging. Rates begin at $89 per night.
BOSTON-David Wyss, the chief economist for Standard & Poor's Corp. in New York City, tells GlobeSt.com that this area's commercial real estate market will probably not see a turnaround until next year, and conditions in the market will worsen before they improve.
HOUSTON-O'Conner & Associates latest market update says the retail sector is being choked by the nation's weakened economy and uncertain times. Houston's retail is down about 1.2 million sf in absorption, a hit softened to 344,147 sf for the last four quarters.
MILWAUKEE-CenterPoint Properties Trust, the largest industrial property owner in the Chicago market, reports vacancies in its suburban properties here is just 2%, down from 10% of a year ago.
AUSTIN-It's only a 4,200-sf building, but the reopening of the historic structure is a big step for East Austin. Balcones Recycling is using the rehabilitated office building for its headquarters in a 10-year lease.
LONDON-Rodamco's UK arm Haslemere has bought the Kingsway Estate, made up of four office buildings totaling 173,000 sf on the Aldwych in London's Midtown, from a consortium of overseas investors.