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.
FREEHOLD, NJ-Cronheim put the package together for the 84,598-sf, three-building property, which features Circuit City, Pier 1 Imports and Provident Savings as key tenants.
DENVER-Another multifamily report is out. This one predicts rents will again rise as investors snap up class-B and class-C complexes and renovate them in what is proving to be a growing trend in the region.
PARSIPPANY, NJ-The REIT, still developing and buying aggressively in the face of rumors that it's in merger talks with Reckson, increases its office holdings in this submarket to more than two million sf.
RESTON, VA-With the signing of three leases by three separate law firms, a 16-story, 233,951-sf office tower being developed by in the volatile Dulles Corridor is more than half leased.
IRVINE, CA-The Bascom Group LLC, a real estate investment firm based in Irvine, bought two apartment complexes in the Inland Empire, with a total of 386 units, and plans to renovate them.
SAN DIEGO-Locally based architectural firm Austin Veum Robbins Parshalle reports completion of its $12.9 million Woodfin Suites Hotel in Emeryville, CA.
NEW YORK CITY-Heron's Hill II and III, a 280,000-sf class-A eight-story office property in Toronto, was acquired for $37.3 million; the 287-unit multifamily facility was sold for $24.65 million.
ORLANDO-Smith Travel Research notes that the Lake Buena Vista, FL attractions hub, dominated by the 30,000-acre Walt Disney World enclave, shows the highest February occupancy at 81.3%, but that is still 4.2% under the 84.9% occupancy posted in the same month last year.
PORTLAND-Without such a move, coupled with utilities reducing purchases by as much as 10%, retail rates will likely double, forcing more layoffs at least, and at worst forcing more employers completely out of business.