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.
EVERETT, WA-Frontier Financial Corp. is planning to acquire Interbancorp Inc., a commercial bank headquartered in Duvall, for $11 million in stock. The acquisition will raise Frontier's total assets to more thatn $1.7 billion.
MIAMI-Latest population estimates (1999) by the Census Bureau show that while Miami-Fort Lauderdale continues to be one of the nation's fastest growing metropolitan areas, population is not increasing nearly as fast as it had been. Metro Atlanta has displaced Miami-Fort Lauderdale as the country's 11th largest urban center.
STAMFORD, CT-Patriot National Bank has elected Charles F. Howell of Danbury, a banker for 30 years in Fairfield County, as its president and chief executive officer.
SANTA CLARA, CA-The 160,000-sf Bayshore Duane Communication Park will be ready for tenant improvements next month. It is being built by Pelio & Assoc. and marketed by CPS, a locally-based boutique brokerage. The listing agent says it has more interest than space available, and expects signed leases in the next 30 days.
ATLANTA-A&W Realty Inc. and its subsidiary Wynn-Works Inc. plan a three-story structure with 16,000 sf of ground-floor retail and 42 condominiums on the two upper floors. The site is in Summerhill, a formerly run-down commercial area south of center city.
SAN ANTONIO-Sterling Bancshares Inc., based in Houston, is making plans to pay $51.8 million in cash for CaminoReal Bancshares of Texas Inc., headquartered in San Antonio. The deal marks Sterling's inroad into San Antonio and the South Texas market.
FT. WORTH-Mimicking a plan that proved successful once before, Hillwood Development will break ground Monday on a plan to construct homes for future workers. The strategy boasts a 3,400-home development.
AUSTIN-SiteStuff.com, an e-procurement solution for the commercial real estate industry, is teaming with Ariba Inc. and Vignette Corp. to make auctions and customization available to its customers. Anything from approval procedures to catalog browsing will be possible once the integration is in place.