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.
DALLAS-In a Q1 2001 assessment, class-A office space is the only segment showing a positive absorption although its average rent has dipped a bit. Overall occupancy is 83%, up 4% from last year. The problem is 14 million sf of class-C space.
SLEEPY HOLLOW, NY-General Motors Co. has scheduled a by invitation only event on June 21 to unveil its long-awaited redevelopment plan for its former assembly plant here, GlobeSt.com has learned.
ORLANDO-The 92.4% occupancy mark is expected to shoot up by several points at year end as new construction finally slips into low gear and some submarkets start offering free rent to cope with an avalanche of new product.
NEW YORK CITY-Results of a survey unveiled last night at the NYU Hospitality Conference reveal that only 58% of polled lodging firms have a formal E-business strategy. Expect the amount of online business to triple in three years.
LONDON-Quintain Estates & Development continued its strong growth in the year to 31 March 2001, with figures buoyed by the acquisition of Chesterfield Properties.
GOLDEN, CO-New World Coffee-Manhattan Bagel Inc., based in Eatontown, NJ, has agreed to buy Einstein out of US Bankruptcy Court in Phoenix. New World agreed to pay $160 million in cash and assume $30 million in liabilities.
ATLANTA-After 18 years at McWhirter Realty, longtime area broker Beverly Hazelwood has a new parking spot: Roberts Commercial Real Estate Services. Hazelwood joined Roberts' expanding brokerage division.
HOUSTON-Convergys Customer Management has found a sublease taker for 24,951 sf at 1201 Louisiana Place in the CBD. The pact with FuelQuest, a Houston-based oil and gas trader, lets Convergys move to Greenspoint without the excess space burden.
ATLANTA-Despite lower than expected earnings per share to be logged for the period ending July 1, the former LongHorn Steaks Inc. posted increases in same-store sales for all three of its restaurant products in the second quarter through June 3.