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.
CENTERVILLE, OH-The upscale 108-unit Ashton Glen complex in this Dayton suburb is sold by a Columbus developer to a Phoenix-based property management company in a deal brokered by Birmingham, MI-based Dietz Organization.
AUBURN HILLS, MI-A former private 102-acre landfill here will be cleaned up through a $6.9-million tax-increment financing deal to make way for a 1.2-million-sf technology, research and light industrial park.
DALLAS-The Oakland, CA-based Kaiser Foundation Hospitals has sold about 13 acres in the Mid Cities area, abandoning all plans for a medical facility on the site. The buyer, Abres Ltd., is planning a multi-tenant retail development.
BEND, OR-The City Council is considering a better than 40% hike in the hotel room tax. The increase, from 7% to 10%, would go into effect Sept. 1. The city would use the extra money to help pay for police services, street maintenance and other city projects.
TAVARES, FL-In a belt-tightening move, Lake County officials reject a proposed smart-growth study from the Washington, D.C.-based think tank. Tavares, the county seat (Pop. 9,700), is 35 miles northwest of Downtown Orlando.
CLERMONT, FL-Despite a no-go from the city's planning and zoning board, Greater Construction Co. of Altamonte Springs, FL has won a green light from the city council to develop 96 townhomes on a 138-acre tract that already houses commercial and other shelter projects. Clermont (Pop. 9,333) is 25 miles west of Downtown Orlando.
ATLANTA-Imperial Parking Corp. of Vancouver, B.C. has signed long-term, multimillion-dollar contracts with individual off-street parking facility owners to lease and operate a total 2,000 spaces. Impark plans to open its first Atlanta office shortly to service the contracts.
CAMBRIDGE, MA-This area's office market is suffering more than most in the recent economic slowdown and high tech bust. Its heavy emphasis on high-tech tenants has caused its vacancy rate to plummet with no signs of a recovery on the horizon.
ATLANTA-The Tampa, FL-based manufacturer of women's casual and dress sportswear plans to make a cash tender offer of $4.75 per share for the Winder, GA firm's 2.9 million outstanding common shares. The cash-and-stock deal is valued at $20.8 million.
LONDON-Construction costs in the UK are soaring ahead of inflation, according to the latest RICS tender price index compiled by the Building Cost Information Service.