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.
NEW YORK CITY-Daniel H. Lesser, Cushman & Wakefield's senior director of the Hospitality Industry Group, predicts that cities with high entry barriers will make it through the downturn and succeed in the long term.
BOSTON-City Councilor Michael Flaherty calls for a review of plans to build a ballpark in the waterfront district. Frank McCourt, who owns 25 acres, has been campaigning to have the ballpark built on his property.
ATLANTA-Indiana-based Renewed Property Management Group is asking Clayton County officials for a conditional use permit to build a $20-million, 256-unit multifamily complex on 58 acres; four commercial buildings on 12 acres; and provide 33 acres of green space.
LONDON-Investment buyers now account for a third of the residential property purchased in central London, according to a report from DTZ. Average house prices in prime central London locations look set to jump another 10% over recent gains during the next 12 months.
LOS ANGELES-State Farm signs three-year lease renewal for 15,350 sf of office space at one of Arden Realty's buildings in a deal valued at $1.34 million.
FORT LAUDERDALE, FL-Shay Pope, a former tenant representative at Miami-based Larkin Schmidt Commercial, has similar duties in Crow's Fort Lauderdale office, 26 miles north of Miami.
SEATTLE-While vacancy rates eased slightly during the first half of the year, region-wide average annual asking lease rates rose by about $1.50 per sf to $22.88, according to the latest report from CB Richard Ellis.
WASHINGTON, DC-Average returns dropped to 15.8% last year from 19.1% in 1999, according to the Mortgage Bankers Association and the Stratmor Group. This year looks more profitable thanks to a boom in refinancings.
BOSTON, MA-Lend Lease US Office Trust, an Australian-listed property trust which specializes in US office real estate assets, acquires 1 Liberty Square here in the heart of the city's financial district. This is the Trust's first acquisition in the Boston market.