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.
REDWOOD SHORES, CA-San Jose-based Divco West Properties is paying CIGNA Investment Management Inc. just under $400/sf for a 238,000-sf property while Daly City-based Callan Realty Co. is paying Lend Lease Investments just over that mark for a 138,000-sf property.
NEWPORT BEACH, CA-Snyder Langston of Irvine has been awarded the contract to renovate and upgrade the famous Balboa Bay Club in a project that will be done in two phases to accommodate members while construction is going on.
SAN DIEGO-The purchase of the La Mesa complex reflects a nationwide trend in the county, where apartment sales have reached the highest level in a decade.
OVERLAND PARK, KS-Road extension would allow access to undeveloped land sites along proposed 107th Street extension. The City Council will consider the issue next week, but a decision may not be forthcoming; the issue has been considered four times already.
PURCHASE, NY-Officials with Legg Mason Real Estate Services report that it has arranged a $14 million first mortgage loan for the ownership of the SoNo Corporate Center at 50 Washington St., in South Norwalk, CT.
AUSTIN-The high cost of homes and rising interest rates are driving new hires here into rentals. Apartment rates are expected to increase 6% next year on top of an 8% rise over the 12 months.
PORTLAND-Danner is retianing retain its existing 30,000-sf boot manufacturing facility on Airport Way. What developer Catellus Development hasn't sold of the 214-acre corporate park is all but 100% leased.
VAN BUREN TOWNSHIP, MI-New industrial development breaks ground for a 200,000-sf warehouse and automotive distribution space. A second building is in the design phase.