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  • Insignia/ESG Names New Executive Managing Directors

    NEW YORK CITY-They include winners of REBNY's Most Ingenious Deal of the Year Award, the negotiator of the largest office lease in Manhattan and the winner of the company's Midtown Broker of the Year Award.

  • Firm Secures $33 Mil to Expand Upscale Seniors Project

    SAN DIEGO-A Los Angeles-based real estate investment banking firm has secured a $33-million interim loan to expand a 542-unit, seniors apartment project in University City.

  • US Bancorp Moving to 75,000-SF Building

    MINNEAPOLIS-The former Lyon Financial Services, now US Bancorp Business Equipment Finance Group, is expected to move this fall to a new building in Marshall, MN.

  • $55-Mil Subsidy Vote Appears Likely Ballot Candidate

    DENVER-Denver voters most likely will get their say about a $55-million subsidy to developers for the planned $220-million Hyatt Regency Hotel. The opposition camp says no money unless Hyatt agrees to remain silent as the hotel union courts workers.

  • Boston Properties Has Brisk Leasing Activity at Carnegie

    PRINCETON, NJ-A range of tenants, from a top financial brokerage to a battery manufacturer, sign on at the 16-building, the class A Carnegie Center, which has the rights to develop another two million sf.

  • Ginn Signs $112 Mil in Options on SW Florida Acreage

    FORT MYERS, FL-The low-key Flagler County-based development group assumes an option on 2,500 acres near Florida Gulf Coast University, then negotiates another option to acquire an adjoining 2,000 acres from Alico Inc., GlobeSt.com has learned from public records. Fort Myers is 118 miles northwest of Miami.

  • Need Seen for University in Southwest Suburbs

    TINLEY PARK, IL-The booming submarket is missing one thing, says Illinois Development Finance Authority executive director Patrick E. Rea - "a research university to support 21st-century type businesses.

  • Twin Cities Office Vacancy Hits Double Digits

    MINNEAPOLIS-Big surge in subleased space is part of the reason for a rise in the office vacancy rate to more than 10%, the first time it's been there in five years, according to a Grubb & Ellis report.

  • AvalonBay Buys Three Puget Sound Properties

    SEATTLE-The Alexandria, VA-based REIT paid $129.3 million for a total of 995 units in Issaquah, Lynwood and Everett as part of a nine-property portfolio acquisition from developer Trammell Crow Residential.

  • 800,000-SF Anadarko Building Tops Out April 24

    THE WOODLANDS, TX-A construction milestone will be reached April 24 when the 30-story Anadarko Tower tops out. The 800,000-sf project will deliver in spring 2002, giving the energy company some 1.1 million sf of office space in The Woodlands.