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Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
AUSTIN-Provident Mutual Life Insurance stamps a $7.2-million permanent financing package for the 159,000-sf Springdale Business Center in Austin. Los Angeles-based Kennedy-Wilson Property Services developed the center in 2000.
PORTLAND-The San Jose-based company that acquired Webtrends in March and took over its seven-year, 58,000-sf lease in the new Downtown high rise is now marketing its 19,275-sf view space that was never improved or occupied.
MILWAUKEE, WI-The hospitality industry was in the doldrums even before Sept. 11, Marcus Corp. Chairman and CEO Stephen H. Marcus says, and revenues are down double digits since. However, he says the trend is positive.
LAKE OSWEGO, OR-Oregon Business Bank of Lake Oswego was the fastest growing financial institution in Oregon in 2000 and is located near Walla Walla, WA-based Banner's construction and mortgage lending subsidiary, Community Financial Corp.
HOUSTON-A group of Houston investors sells its 18,000-sf office-warehouse property to a Houston-based fertilizer manufacturer and distributor. Nitro-Phos will relocate its corporate office from Cullen Boulevard to its acquisition at 2600 Callie.
ATLANTA-The locally based real estate company is getting 10-year permanent financing at a 6.95% interest rate on the purchase of St. Andrews at the Polo Club, a five-month-old, 200-unit luxury multifamily property near West Palm Beach, FL.
LONDON-Further evidence of the downturn in the serviced office sector emerged today with MWB Business Exchange conceding that occupancy levels and rental levels were down sharply even before 11 September.
MEDLEY, FL-This 960-acre mixed-use industrial project in northwest Miami-Dade County is showing considerable resiliency at a time when other Flagler Development-owned commercial projects elsewhere in Florida are experiencing slower growth.
SAN FRANCISCO-The winners are William Agnello, senior vice president of workplace resources and executive officer for Sun Microsystems, and Robert Cavigli, president of HDR Architecture. They were chosen for work on significant projects, professional accomplishments and community service.