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.
BEAVERTON, OR-Bankruptcy Judge Trish Brown declined last week to approve the city and Enron's $2.3-million reorganization plan for the stalled downtown redevelopment project, raising speculation that creditors may force the project into liquidation.
BALTIMORE, MD-Comcast, which recently purchased Jones Cable, signed lease for 45,240 sf lease for space at MIE's I-97 Business Park. The company plans to consolidate some Jones Cable offices into a single facility.
WASHINGTON, DC-Dipping consumer confidence has led most retail real estate companies to lower expectations this year, but an analyst says because of long-term leases, most are somewhat buffered by lagging retail sales.
PHOENIX-In a sign of things of ever-increasing sophistication, an Indian Community near Phoenix has opened a 146-room resort. The new hotel is being managed and promoted by Harrah's.
WALTHAM, MA-Boston Properties purchases the development rights for an eight-story building here overlooking Route 128. Nelson Cos,, which formerly controlled the property, took the development of the 200,000-sf building through its permitting process.
AUSTIN-Whisper Hollow and Highpoint Village is under new management. Its general partner, Income Property Specialists, based in Colorado, has taken the reins of the aggregate 388 units and will be investing more than $1 million to upgrade the properties.
EL CAJON-The Bragg Family Trust has purchased the parcel of land located at the northeast corner of Second and Main streets for $3 million. The site is ground leased to Walgreens Co., which plans to build a drug store there.
NEW YORK CITY-Vornado, in the final days of WTC negotiations, lands on S&P's negative CreditWatch while a development is abandoned and the Nasdaq plunges below 2,000. Industry veterans try to make sense of it all.
HOUSTON-The transfer of a five-acre tract, with an office-warehouse, might be part of a county expansion deal, says the broker. The property is located at 7901 El Rio in a densely developed corridor.