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.
LOS ANGELES-Opus West Corp. starts construction of 126,000-sf complex in the South Bay community of El Segundo, where vacancies continue to plunge and rents keep rising.
SAN DIEGO-The mantra for the San Diego County commercial real estate market in 2000 was "demand, demand, demand"--with no immediate sign of slowing this year, according to Stath Karras, president/CEO of Burnham Real Estate Services.
ATLANTA-The locally based extended-stay hotel owner/franchisor scales back the number of anticipated hotel openings in 2001 because of the slowing economy and tight hotel financing.
CLINTON, MS--The voice and data services company is eliminating positions across the board and not specifically in its long-distance sector as industry experts had speculated, Reuters reported Wednesday. WorldCom officials could not be reached for comment at GlobeSt.com's publication deadline.
ORANGE COUNTY, CA-R.W. Selby & Co., which oversees 17 properties across Southland, will refund $450,000 to tenants who may have been overcharged for cleaning and repairs after they moved out.
PALO ALTO, CA-A year ago, there were1200 new companies that had an average of $13 million to 14 million in invested capital. With that kind of action, vacancy was no more than 3% from South San Francisco all the way down the Valley. Then the bubble burst.
SAN DIEGO-The developer of a 66-acre, $225-million mixed-used project near the Mexico border says the ambitious complex is on track and will open in November, in time for the peak holiday sales season.<p>
VANCOUVER, WA-The 2.38-acre site located west of Interstate 5 and south of the Clark County fairgrounds is being offered for sale at $1.6 million. A big red barn on the property carrying the Wineberg name can easily be seen from the freeway.
DALLAS-The Dallas-Ft. Worth office for Grubb & Ellis has drafted five key players from Marcus & Millichap's Multi Housing Group regional team. The deal had been too lucrative to pass up, says Marcus & Millichap. Meanwhile, Grubb & Ellis is fishing for more brokers in the DFW talent pool.