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Premier commercial real estate news, analysis, trends and information for commercial real estate professionals covering office, industrial, apartments (multifamily), hotel, healthcare, student housing and net lease CRE sectors.
NEWHALL, CA-Curtain is raised on restored theater, which local officials hope will ignite more development and redevelopment in their quaint but tired central business district.
DALLAS-Realty Capital has signed Kennedy-Wilson as its exclusive leasing agent for a 35,000-sf spec office project in Plano. The two-story building will come to market in August 2001.
HOUSTON-Camden Property Trust expects to end the year on a high note, based on results from the third quarter. The FFO's up; revenues are too and so are occupancies--all positive signs that the tide is turning.
REDMOND, WA-For a little more than $10 million, the ever-expanding company has secured a 307,000-sf lot at 3650 148th Ave. N.E. with 136,765 sf of office and warehouse structures from Allegiance Health Care Co.
SAN DIEGO-The inancially ailing REIT took both legal and financial hits during a disastrous third quarter. After a running battle with dissident investors over the value of the firm, the board decided to liquidate the company.
NEW YORK CITY-Last night in the posh Metropolitan Club, speakers invited by Cushman & Wakefield to speak on the future face of the commercial real estate market pronounced this city's future the brightest of all.
ASPEN, CO-A British pub-theme restaurant holds the distinction of being the first eatery lined up for Hines Resorts' $230-million Aspen Highlands Village. Lawn bowling to direct access to the ski slopes is everyday fare at the signed restaurant.
CONCORD, NC-The one-year-old retail center, about 10 miles north of Downtown, is going after the teen-age market to boost revenue. Potential new retailers are Jones New York, Guess, Liz Claiborne, Nordstrom and Saks Fifth Avenue.