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.
NEW YORK CITY-The partnership has already sold all but one condo in a building now completing development and is awaiting approval from the state attorney general's office to sell condos in another building.
CHARLOTTE-The city has agreed to sell the old uptown convention center site, an entire uptown block, to PA-based developer LCOR Inc. for $15.2 million. The price equates to $4.6 million per acre or $105.74 per sf.
NEW YORK CITY-After city comptroller Alan G. Hevesi denounced a deal to buy a former industrial building from a real estate speculator with a record, Mayor Giuliani's staff says he'll force the comptroller's hand.
ATLANTA-The locally-based REIT is reining in development, getting out of some markets and selling off assets to self-fund further projects. The company expects a lower-than-expected funds from operations in the third and fourth quarters.
HOUSTON-Augusta Pines, a golf course community, is in the midst of building a 100,000-sf clubhouse as work draws to an end on the course itself. The 18-hole course is being readied for play in late 2000.
ORLANDO-The Chicago food-service company, which owns two local establishments and has multimillion-dollar service contracts at three other sports and entertainment locations, is lining up with Compass Group, a British-based market leader in Europe.
ORLANDO-City council members and Orlando Magic owner Rich DeVos await the numbers to see if Downtown needs a convention center that might be converted from the 17,000-seat TD Waterhouse Centre. The NBA basketball team plans to forsake the 11-year-old arena after its five-year lease expires in 2004.
WESTON, FL-Codina Realty Services, the Oncor affiliate in South Florida, has arranged 110,000 sf of Broward County expansion space for two high-tech tenants.