Commercial real estate instant insights 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.
CHICAGO-Warnings to tenants and back-up service plans are the key to making up for the service shortfall. Stick to the name carriers, is the advice building owners offer.
HOUSTON-Land is a hot ticket in the northwest corridor these days, with three sales coming down the pike. The largest tract, 13.1 acres, is destined for a townhome development. Another parcel is for a private school and the other, industrial use.
TUCSON-While sales of new and existing homes were down during February, the value of the average home here rose more than $10,000 in the past year, and building permit numbers are on the rise too.
DENVER-Wellbridge, owners of Colorado Athletic Club, will make way for an Interstate 25 expansion project. The club will build a new facility three blocks away. Plans call for a $7-million, 40,000-sf development.
BARTOW, FL-One of Florida's wealthiest property-owning families is ending its second publicly disclosed fight over money in the last three years after three days of trial testimony. Bartow is 60 miles south of Downtown Orlando.
PHOENIX-A 52-unit, garden-style apartment complex has been purchased for more than $23,000 per unit by a local investor. The east Phoenix submarket is currently one of the healthiest in the region.
ATLANTA-The locally based REIT is selling $50 million in senior unsecured notes to repay the same amount due April 1 and delay loan maturities by two years.
FORT LAUDERDALE, FL-Commissioners will use $11 million in public funds to back the proposed 200-room to 300-room project, but R. Donahue Peebles must repay the entire amount if he decides to sell his estimated 60% controlling interest any time within five years of the day the hotel opens for business.
MINNEAPOLIS-Padilla Speer Beardsley will anchor the four-story, 80,000-sf building, which is part of city's plans to redevelop the riverfront. The site is part of a former railroad yard and has been vacant for years.