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.
LONDON-A fall-off in Americans and Japanese visitors to London means that room yields fell more than 20% year-on-year in September. The 11 September attacks, the global economic slowdown and foot and mouth are all being blamed.
WASHINGTON, DC-Rockville, Maryland-based Human Genome Sciences, Inc. begins construction on a facility that will allow it to produce drugs for commercial use. The biotechnology firm's new 360,000-sf project will sit adjacent to the company's current production site.
ORLANDO-Tennessee-based Gaylord Entertainment is also re-branding its Nashville hotel, Gaylord Opryland, and its Grapevine, TX property, Gaylord Opryland Texas. The hospitality and media conglomerate is shooting for a high-quality image, company officials say.
BONITA SPRINGS, FL-The decision by the homebuilder to focus on luxury single-family and multifamily projects also fuels a 47% jump in revenue. Bonita Springs is 132 miles west of Miami.
ORANGE COUNTY, CA-According to new research, the number of construction permits issued in September dropped more than 50% from August's level of 264. October's results, when tabulated, could show an attitude change.
NEW YORK CITY-A 1.5 million-sf mixed-use development will replace the five-story garage in Long Island City. The city's Economic Development Corporation expects construction to begin in fall 2002.
WASHINGTON, DC-NAR joins the fight as the group's president-elect calls on the banking industry to abandon its request to the government for permission to sell and manage real estate. The Federal Reserve and the US Department of the Treasury are currently considering the proposal.
DETROIT-Colliers International and Grubb & Ellis say world events have played havoc on an already suffering Motor City area, but their research indicates a few submarkets are starting to level off.
LAGUNA HILLS, CA-A limited liability company snatches up a Laguna Hills shopping center for $12.1 million in a 1031 exchange. Encompassing 61,706 sf, it was 98% occupied at sale time to K&M Royal Group LLC.
KENT, WA-He admits to some slowdown and concerns about what the first few quarters of next year will bring, but industrial specialist Scott Alan with Colliers says the industrial market in Kent Valley is 'just fine.'