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.
LOS ANGELESInstitutional real estate investment giant CB Richard Ellis has completed capitalization of a fund involving 16 investors. Although 70% of fund's capital is already tied up, it still has $220 to spend and is looking for investment opportunities in Los Angeles, San Francisco and Chicago.
HOUSTON-In a flurry of leasing activity at Kingwood Place office buildings, tenants renew leases, signing for an extra 18,003 sf for expansions. The activity includes a new 2,798-SF lease for Tenzer Corp
SKOKIE, IL- Following its merger earlier this year with Monsanto, drug giant Pharmacia Corp. is unloading nearly 1 million-sf of properties formerly occupied by G.D. Searle and Co., which itself was acquired by Monsanto in an earlier deal.
CHICAGO-Investment SVP at the city's largest industrial developer sees problems ahead for telecom hotels as the telecommunications industry finds it harder to raise money for network expansions. The industrial REIT is scouting major sites locally for Exodus Communications.
ORLANDO-Richard Livingston, president/owner of Russell's Inc., a Downtown Eustis, FL retail landmark, is selling the 10,000-sf, two-story property to a nearby proprietor for an undisclosed sum. Eustis is 30 miles northwest of Downtown Orlando.
MIAMI-The real estate services firm has purchased U.S. Commercial Realty Group of Miami for an undisclosed price. The deal gives CB eight new brokers and sets the stage for opening a West Dade branch to service the Medley, Miami Lakes and Airport West submarkets.
NEW YORK CITY-Yesterday's New York Senate debate between First Lady Hillary Rodham Clinton and Representative Rick Lazio focused on a number of topics, including their individual views on a proposed domed stadium/arena in Manhattan.
SAN FRANCISCO-Overall vacancy rates are at an all-time low 2.16% after falling for the sixth consecutive quarter, according to a recent report by Whitney Cressman Limited. The rate in the Financial District is under 1.5% after falling nearly 60% in the first nine months of the year.
DALLAS-"Chicken Little" it's not, but a watchful eye needs to be kept on construction sectors as the Fed deliberately reins in the economy to avert inflation. But, it's definitely not the 1980s, says Cushman & Wakefield Inc.'s investment research managing director.