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.
CHARLOTTE-Five projects totaling 1.47 million sf with an estimated construction cost of $354 million are under way. Leading the pack is the $240 million redevelopment of the old convention center, plagued with delays since the city put it on the market in 1995. Now owner LCOR of Berwyn, PA is pushing to complete the three-acre uptown site.
CHARLOTTE-This Durham, NC company didn't have to put out bids for a materials contractor to build its new $3.2 million, 4,240-sf plant at 325 E. Hebron St. here. Unicon Concrete is using its own product.
HOUSTON-Houston's existing home sales were down slightly in August, but home sales still are outpacing those of last year. As of August, 38,160 existing dwellings have changed hands.
ORLANDO-After years of funding searches and government green-light requests, Central Florida's largest mixed-use venture now faces a ground-breaking deadline or it will lose its state-signed development order.
DALLAS-The Staubach Co. is buying a piece of Internet real estate, launching a cyberspace spin-off to develop high-tech proprietary products and seal strategic alliances for point-and-click efficiency.
HOUSTON-Camden Property Trust has sold 11 of its apartment projects for $137.2 million. The apartment projects, located in Houston, Dallas, Las Vegas, St. Louis and El Paso, have a combined total of 3,599 units.
AUSTIN-Transworld Properties is closing in on a lease deal for its Stonebridge Plaza II, a 200,000-sf office project under way on one of the few open sites left in northwest Austin's Golden Triangle. A pact is expected to be signed within 60 days, says a company source.