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.
EAST HARTFORD, CT-Lend Lease Real Estate Investments has sold the four-building portfolio here to Baker Properties. CB Richard Ellis represented Lend Lease and Baker Properties in the transaction.
EAST HARTFORD, CT-Lend Lease Real Estate Investments has sold the four-building portfolio here to Baker Properties. CB Richard Ellis represented Lend Lease and Baker Properties in the transaction.
DALLAS-The final price isn't being disclosed, but the 707,900-sf Park Central III and IV has brought upward of $35 million. Seller HPG Dallas LP had been asking $45 million for the premier holding, which is now in the portfolio of Catellus Development.
SECAUCUS, NJ-The controversial $450 million transit project, being developed by a firm that began by erecting billboards, has been limping along, with lenders having been slow to commit.
NEW YORK CITY-Today's the day for pre-closing to begin on the World Trade Center, sources close to the deal tell GlobeSt.com. After the dust clears this Thursday, the Silverstein/Westfield JV will be in control of a trophy asset valued at $3.22 billion.
ROCHESTER, MN-The retailer will convert the 91,400-sf store in Apache Mall in Rochester, MN to a Carson Pirie Scott store while the 148,900-sf Bay Park Square store in Ashwaubenon, WS will become a Younkers outlot.
CHICAGO-The retail REIT's response to the Internet threat to bricks-and-mortar retail ends up in a write-off of up to $65 million. Retailers are under less pressure now to jump on the high-tech bandwagon, GGP officials say.
CHULA VUSTA, CA-The produce distribution company will build out its space at the South Bay Distribution Center as a refrigeration center. Work will begin next month.
CRANBURY, NJ-The Associated Press occupies all of the 65,000-sf building within the CenterPoint @ 8A business park. COPT bought it in 1998 and upgraded it for sale.