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ORLANDO-Metro Orlando's four-county population of 1.7 million represents a 37% growth over the past 10 years and is the area's greatest strength, Trammell Crow Co. researchers told 3,000 delegates attending the International Council of Shopping Centers conference at the Gaylord Palms Resort, Kissimmee, FL.
ORLANDO-The Encino, CA-based brokerage sees the multifamily sector in Tampa, FL stabilizing at the same time Orlando will be softening. The Orlando office of CB Richard Ellis Inc., however, paints a rosier picture for Orlando.
ORLANDO-The six-year commercial real estate professional will head the Tampa firm's office services division, handling leans and tenant representation. He is a former senior leasing rep at Duke Realty Corp. of Indianapolis, IN.
ORLANDO-David Goldstein, Les Aron and Robert Goldfinger have been promoted to senior investment associates for producing annual high volume since joining the firm in 1998.
RUTHERFORD, NJ-EnCap Golf's proposal to build two golf courses around a mixed-use "village" on a half-dozen former landfill sites will be expanded with two additional golf courses.
ATLANTA-Continuing to fill its portfolio with shopping centers in the Southeast, the Oak Brook, IL-based Retail REIT adds its first Alabama center. It pays $69 per sf for the 222,019-sf mall near the University of Alabama, which is 97% leased.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa office, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa office, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa office, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.
ORLANDO-In an industry where some of the players are barely hanging on, the locally based, five-year-old hotel investment/development arm of the $5.3 billion CNL Financial Group Inc. of Orlando is starting four or five new development projects a year at average hard costs of $80,000 to $90,000 per unit and average acquisition prices of $33 million per property.