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.
SEATTLE-Opus, Schnitzer, Hedreeen, Sabey, Clise, Zelman, UB and IntraRock all win honors, while Herman Sarkowsky and Robert Filley are added to the local chapters Commercial Real Estate Hall of Fame.
BELLEVUE, WA-Another local architecture firm, Ferrari Design Group, has merged into MulvannyG2 Architecture, now the third-largest architecture firm in the Pacific Northwest. The five-man Ferrari Design firm is run by Mulvanny G2 CEO Jerry Lee's college roommate, Lynn Takeuchi.
VISTA, CA-A 65,000-sf industrial research and development building in the 69-acre Palomar Corporate Center has been sold for just under $4.1 million. The buyer, founder and president of Sherline Products Inc., exercised a purchase under the lease option program offered by the owner.
PORTLAND-The proposed 16-story, 300,000-sf office building hopes to be the first of several new Downtown office projects to secure tenants in order secure financing and break ground in the next 18 months.
LONDON-The UK's planning system has been attacked by the government's own architectural advisory body, the Commission on Architecture and the Built Environment. It says the 50 year-old system is creaking at the seams.
MINNEAPOLIS-The two buildings, "a symbol of changing times for Brazil Telecom," will total 80,000 sf and cost from $24 to $36 million. The architect has done three similar projects in Brazil.
HOUSTON-It's been six years in the making, but the time has come for Hines and joint capital partner, Warsaw-Centrum Borough, to break ground on a 390,000-sf, class A office complex in Warsaw.
PHILIPS, WI-Philips Plastic's new 85,000-sf factory, designed by Krueck & Sexton of Chicago, and Minneapolis-based Ellerbe Becket's 500,000-sf "smart arena" in Japan are winners in Business Week/Architectural Record Awards.
SPOKANE, WA-The newly-selected design team of Integrus and LMN Architects is tasked with studying alternative sites and preparing preliminary designs and budgets for the proposed expansion, which could lose$30 million in funding if it isn't underway by the end of 2002.