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  • Dallas-based Centex Construction Opens Area Office

    CHARLOTTE-Undeterred by a slowing economy, the Dallas-based company looks at multi-billion public and private works in the Carolinas and Georgia. The new office joins five others.

  • Lodging REIT Outlook: Near-Term Bad, Long-Term Good

    WASHINGTON, DC-Lodging real estate investment trusts will grapple with a slowing economy this year but will emerge unscathed, according to an analyst who forecasts a 10% to 15% return for 2001.

  • CT Realty Adds El Segundo Complex to its Portfolio

    NEWPORT BEACH, CA-The development and investment firm plans to redevelop the property, with construction completed by the end of the year.

  • Downturn Would Ruin Mom-and-Pops, Says Broker

    ORLANDO-The 1,300 new residents moving weekly to Orlando will support new shopping centers even as the economy continues to head south, John M. Crossman, senior vice president/director of retail services, Trammell Crow Co., tells GlobeSt.com.

  • Glaze Commercial Hires Senior Advisor

    KANSAS CITY-Timothy L. Fisher brings more than 20 years of experience to Glaze Commercial Real Estate Advisors Inc./CRESA, where he becomes as a senior adviser.

  • 436,531-SF Portfolio Sale Fetches $49.6 Mil

    PARSIPPANY, NJ-Ivy Equities picks up six office buildings and a piece of land, all in Morris County, as JP Morgan parts with part of a larger, recently acquired portfolio.

  • Phase One of Westfield Shoppingtown Complete

    SAN JOSE, CA-Phase Two, scheduled to open in spring 2002, will add an approximate 30 additional shops including the recently announced Louis Vuitton, Christian Dior, Tiffany & Co. and Fendi, for a total of over 260 stores.

  • Parliament Brings $31 Mil for Year-to-Date Record Sale

    DENVER-The 414-unit Parliament has brought the leading price for a multifamily sale so far this year. Built in the 1980s, the complex has fetched $31 million, which equates to $74,879 per unit. The owners, says the broker, is here for the long haul.

  • Three Oakland County Commissioners Appointed to MAC

    DETROIT-Fran Amos will serve on the economic development and labor panel of the Michigan Association of Counties Committees. He is joined on the MAC by Michelle Friedman Appel and Eric Coleman.

  • Newmark, JGT Agree to Merge Operations

    RUTHERFORD, NJ-Two key players raise the bar by combining Newmark's national platform with the strengths of one of the Garden State's old-line real estate brokerages. The company will maintain offices here and in Woodbridge, JGT's home base.