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.
BREA, CA-An unidentified private investor grabs the 28-unit Darnan Senior Apartments complex. Located in the Birch Street Promenade area, the property was 100% occupied at sale time. The area's limited product makes it a good deal, says the buyer's broker.
THORNTON, CO-The main anchor at the 380,000-sf shopping center will be followed by Krispy Kreme Doughnuts, Barnes & Noble, Office Max, Michael's, Olive Garden, Panda Express, SuperCuts, T.G.I.Friday's and Verizon Wireless.
SAN BRUNO, CA-Tanforan Park Shopping Center will get a brand new outfit, as well as a new name. The Shops at Tanforan redevelopment project will sink $105 million into converting the existing center into an upscale mall.
ATASCOCITA, TX-Yancey-Hausman acquires two acres in a northeastern Houston suburb. The property, says a source, will be used for a retail project that will unfold toward year's end. Canyon Lands Partners I Ltd. is the seller.
CHICAGO-HSA Commercial Real Estate senior vice president Thomas M. Boyle handled property dispositions, build-to-suit projects and land acquisitions worth more than $40 million at Skokie, IL-based The Alter Group.
SAN DIEGO-In an eagerly awaited move, IDEC Pharmaceuticals Corp. says it has purchased about 42.6 acres for its new corporate headquarters and research and development campus.
SAN ANTONIO-PSRA Investments of Austin uses 176 units at two complexes in San Antonio and San Marcos to secure $3.8 million that will be used for upgrades. The 10-year loan carries a 7.5% interest rate and an LTV of 76%.
CHICAGO-Gold Realty Group acquires a 280,000-sf building and 11 acres at 4100 W. 42nd Pl. in the Crawford Industrial District for $20 per sf. Colliers Bennett & Kahnweiler Inc. is marketing spaces in 20,000-sf units.
HOUSTON-Rebecca A. McDonald, a seasoned executive in Houston business circles, has been named to the board of directors for Trammell Crow Co. in Dallas. Her career spans CEO posts at Enron and Amoco as well as real estate-related advisory roles.