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.
GREAT NECK, NY-In four separate transactions, BRT Realty Trust closes $26.6 million in loans for multifamily properties located in Manhattan, Delaware, Tampa and North Carolina.
ST. AUGUSTINE, FL-Charles B. Lebovitz, chairman and CEO of the Chattanooga, TN-based firm, says the 261,110-sf, 92%-leased Cobblestone Village, 150 miles north of Downtown Orlando, is expected to generate an initial unleveraged return of 10%.
ORLANDO-Longtime business associates Daryl M. Carter and Scott E. Crossman pay auto dealers Denis Moredo, Harris M. Ganey and Jan C. Ganey about $25 per sf for 0.59 acres at the southeast corner of Orange Avenue and Grant Street.
TAMPA, FL-The London-based container shipping company decides to remain in Downtown Tampa at TIAA-CREF's 36-story tower for another three years at an estimated aggregate rent of $9.7 million. The lease is the largest class A office deal this year in west Central Florida.
TAMPA, FL-Continued weak demand raises class A office vacancies to 16.93% in Q1, up 2.5% from 14.36% in Q4 of 2002. Colliers Arnold Commercial Real Estate Co. analyst Jeremy Kral predicts vacancies could top 17% by yearend.
HAINES CITY, FL-Scouting for a location along the high-tech corridor between Tampa and Orlando, Technology Research Consultants Inc. found a ready-made plant at 2801 US 17-92 where it will make gyroscopes for the US Army.
HOUSTON-The portfolio overall is 91.4% occupied, but FFO is down and so is the net income in a quarter-to-quarter comparison for the first accounting period of the year. Of course, the REIT also completed four more communities in the quarter.
BRADENTON, FL-The family-run department store chain is scheduled to close this week on an estimated 300,000 sf of former Florida Kmart locations in Oldsmar, Ormond Beach and Boynton Beach. Area brokers tell GlobeSt.com the estimated value of the deal is $15 million.
FORT LAUDERDALE-Robert Fernandez and Ken Miggins both have the title of senior preconstruction manager for the company based here. They will manage, coach and mentor workers in the Preconstruction Group while continuing to have hands-on involvement.
CHICAGO-At least two industrial projects, including a $16-million refrigerated storage facility at 2600 S. Damen Ave., might have gone to Will County without Cook County Class 6(b) property tax incentives recommended for approval by a city council committee.