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.
PORTLAND-In addition to the Fox Tower Downtown, Mark New and Steve Neville will have several well-located raw land parcels to fill up, including an eight-acre parcel on Mill Plain Boulevard in Vancouver and six acres in Salem visible from Interstate 5.
FT. WORTH-The State Bar of Texas has signed a six-year lease at Mira Vista Commons, where it has maintained a temporary office for nine months. The bar association, one of the displaced tenants from the tornado-damaged Bank One Tower, is taking 6,296 sf.
HOUSTON-Bank United has signed the last merger paper that puts more than 200 retail branches and 225 ATM machines into Washington Mutual Inc.'s portfolio. The buyer couldn't be happier since it falls at a period when Texas leads the nation in economic growth indicators.
KENNEWICK, WA-Once the port has finished the expansion, it hopes to attract developers that will complete its vision for development, which includes 130 apartment units, 75 condominiums and 20 "hoffices.
CAMBRIDGE, MA-A compromise version of a zoning petition, that aimed to decrease congestion and increase affordable housing, was passed here. Local commercial property owners were opposed to the petition.
MIAMI-The transfer of Gregory Rumpel from New Zealand signals a move on the part of the firm's hotel investment banking service to increase its activity in South Florida, company officials say. Rumpel is a former senior consultant for Arthur Andersen's Real Estate Services Group in Australia.
CHARLOTTE-The proposal has the NBA Hornets signing a 25-year lease with the city that would have an escalated aggregate value of about $200 million. The city would pay an estimated $235 million for the construction, land acquistion and infrastructure of the new court.
NORTHBROOK, IL-The last few months may have been trying times at Grubb & Ellis Co., but the commercial real estate services company managed to post nearly 20% revenue growth and record quarterly revenue.
HOUSTON-El Presidente Vincente Fox has a team player in Houston-based Hines, which is undertaking its second industrial park in Guadalajara, Mexico. This project will bring 1.3 million sf to the market, with the first 430,000 sf set to deliver in June.
AUBURN, WA-Following the failed attempts of local businessmen to purchase the vacant building, the city may force redevelopment of the 80-year-old central business district eyesore via condemnation proceedings.