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.
PHOENIX-The 14,000-sf stores in Glendale and Scottsdale are among 30 on the books for the drug store giant in an expansion of its Phoenix-area footprint. Construction begins next month with March 2004 openings marked on the calendar.
SKOKIE, IL-Chicago-based CMD Realty Investors, with a 10-million-sf office and industrial portfolio across the US, comes back into the local market with its purchase of the warehouse and manufacturing building at 7300 N. Linder Ave.
TAMPA, FL-It was only a $500,000 deal in a 29,915-sf building for 5,607 sf, but Colliers Arnold broker James Stuckey had to negotiate with two separate owners to get the transaction completed.
TAMPA, FL-The Arlington, VA-based firm acquires the 95-room Hilton Garden Inn Ybor City from Impact Properties of here for $12.25 million, or $128.94 per room, the highest per-room price paid for a hotel in the local market since 1996, according to Dennis Reed, vice president at The Plasencia Group Inc. who brokered the sale.
BRADENTON, FL-Duke Realty Corp. of Indianapolis is scheduled to break ground later this month on the 12-acre, $18 million build-to-suit project within Town Center at Lakewood Ranch in Manatee County, about 80 miles northwest of Downtown Orlando.
ST. PETERSBURG, FL-Colliers Arnold broker John F. Gerlach brings the 46,000-sf Roosevelt Lakes office building up to 96.7% occupancy before selling the facility and 9.2 acres for locally based owner Industries Training Corp. for $5 million. The deal took only four months to do.
MERRITT ISLAND, FL-After seven months of negotiations, largely due to an environmental issue, Equity Investment Group Merritt Island LP has sold the 17-tenant, 100%-leased Shoppes of Victoria Square to Victoria Square Partner LLC for $5.98 million, or about $54.04 per sf.
TAMPA, FL-Despite rising vacancies and lowered rents, buyers are chasing fewer properties this year in the Tampa Bay multifamily market, with some of the same properties being sold two and three times in a short period for a quick profit, according to a new industry analysis by Marcus & Millichap.
TAMPA, FL-Hidden River Grande Apartments LLC, owner of the 29-building, 232-unit Hidden River Grande Apartments, will use some of the money to renovate the 20-year-old community in the Temple Terrace area of the city.