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.
MIAMI-The new facility, Beacon CyberPort, has 750,000 sf of existing warehouse, showroom and office and will have 200,000 sf of new construction. The price of the property was not disclosed.
ATLANTA-The life insurance firm paid $44.9 million or $149 per sf for the six-story, 302,000-sf Royal Centre Four in north Atlanta. Opus will continue to lease and manage the assets.
HOWELL TWP., NJ-Insurer takes more than 33,000 sf in Monmouth County Facility and will use the space as a claims processing center and sales office. The company will be relocating from nearby Brick Twp.
LIVERMORE, CA-Developer Trumark Commercial will begin construction on its 76,000-sf Copper Hill Business Park by spring 2001. Once fully leased, the company predicts it will be able to sell the four-building project for about $150/sf.
DALLAS-Wyndham International executives are breathing easy, with third-quarter returns reflecting the right strategy is in place for continued growth. The strategy entails property dispositions worldwide to support a focus on becoming a branded hotel operating company.
KANSAS CITY, MO-Three Kansas City International Airport terminals will undergo a major renovation and expansion next year. More than 35,000-sf will be added at the 27-year-old airport in a three-year project.
MINNEAPOLIS- Minnesota chapter of the National Network of Commercial Real Estate Woman will also install other new officers and a new board of directors.
DUBLIN, CA-Energy company Calpine Corp. is planning to swap its nearby Pleasanton offices for newer space here. The San Jose-based company is not yet releasing specifics on its new location, which it will occupy next spring.
BOCA RATON-Carl DeSantis and partners awarded two leasing contracts to Grubb & Ellis Co. for the Boca Raton buildings and a single contract to Trammell Crow Co. on the Hollywood, FL property. The three assets total 632,167 sf.
HOUSTON-A trio of power players in the energy business has aligned to build a $200-million chemical plant in Port Arthur. Construction will begin in 2001, pending regulatory permit approvals.