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.
DETROIT-Heinz Prechter, 59, the sunroof maker and major developer reportedly succumbs to a battle with depression. Most recently, he was planning to make a bid to build the 1,200-acre mixed-use Pinnacle Aeropark.
CHARLOTTE-GMACCM, a Fannie Mae-approved seller/servicer, will provide funding for MultiTrak underwritten loans originated through GMACCM and MortgageRamp. Loans could close in 20 days.
BOSTON-A series of initiatives designed to alter the pattern of development in this state is garnering attention here, as the concerns of sprawl and congestion become regional issues. The initiatives are attempting to create regional zoning boards that could have better perspective on managing growth.
HOUSTON-William E. Cooper Inc. has struck a sale-leaseback deal for the one-year-old, 108,924-sf FedEx Ground Building in northwest Houston. Cooper has closed a $2.2 million financing package for the acquisition while FedEx has inked a 10-year lease.
ORLANDO-Market leaders in office, retail and multifamily get favorable treatment while industrial projects have to beg a little more, Mark L. Findura, president of locally based R.J. Twitty & Co. II, tells GlobeSt.com. Loan interest rates aren't falling below 6.75%.
SEATTLE, WA-Seattle-based Mastro Properties has three office projects, two residential developments and one mixed-use building in the works in King County. Two are already under construction, one is set to begin this week and two others are expected to break ground later this year. All are for sale.
STAMFORD, CT-Insignia/ESG reports it has been named exclusive leasing agent for a major research and development facility in Danbury, CT and a high-profile retail location in Hawthorne, NY.
PHOENIX-Proponents of a $600-million expansion to Phoenix Civic Plaza are lining up to plead their case to voters and legislators near and far. Voters get to decide on a $300-million bond issue while legislators will weigh an equally large state allocation.
HOUSTON-A Houston investor has taken the title to a 45,000-sf warehouse along S. Interstate 35 in a deal brokered by NAI Partners Commercial and Southwest Realty Advisors. The property had carried a $650,000 asking price.
SAN FRANCISCO-Nelson C. Rising, chairman and CEO of the locally-based developer, is engaging in a "cashless exercise" of 350,000 options for Catellus stock set to expire at the end of the month. After that, he'll have options for another 2.65 million shares of the company.