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Commercial Real Estate News Feed

October 31
4:20 PM
globest Parkway Agrees to Buy Atlanta High-Rise For $157M ATLANTA--Orlando, FL-based Parkway Properties, Inc. reports it has agreed to acquire the One Buckhead Plaza office building here for a gross purchase price of $157 million.
October 31
4:13 PM
globest Lingerfelt CommonWealth Acquires Riverplace Tower JACKSONVILLE, FL--Lingerfelt CommonWealth Partners has acquired the 28-story Riverplace Tower office building here from longtime owner Gate Riverplace Co.
October 31
3:24 PM
globest Two Longmont Multifamily Assets Trade LONGMONT, CO--Advenir firm has acquired 1,000 multifamily units in Denver area in past two months and nearly 3,000 since late 2011.
October 31
2:00 PM
bizjournals Nashville West developers pursue huge Antioch project A Nashville development duo is pursuing a 300-acre site for a massive project involving retail, office space, condos and apartments — in Antioch, about 15 miles southeast of ...
October 31
1:57 PM
globest CBRE Sets Sights on RKF NEW YORK CITY--The smaller firm, which specializes in retail, has deep connections to tenants while CBRE brings landlord relationships and other strengths to the table, an analyst ...
October 31
1:40 PM
bizjournals The Tools You Need Central Downtown Baltimore is barely 4% of the city's land mass but contains nearly 30% of all Baltimore jobs and generates 30% of the city's economic output. This area ranks 12th ...
October 31
1:13 PM
globest Atlanta Retail Leads Southeast Upswing ATLANTA--John Bemis of JLL examines the three major trends leading to positive retail results in the Southeast.
October 31
1:09 PM
bizjournals Integro Technologies quickly filling its Salisbury Business Center Shawn Campion realizes he could've built a building just for his company, Integro Technologies Corp., and that would suffice. "We could have gone to an industrial park here and ...
October 31
1:08 PM
bizjournals George Ablah: ‘An entrepreneur before entrepreneurs’ Ron Harnden could spend hours talking about George Ablah, telling stories about the man with whom he worked for roughly 30 years. "He was an entrepreneur before entrepreneurs," ...
October 31
1:06 PM
globest Interest Rates, TRIA Still Worry CRE Execs WASHINGTON, DC--Current market conditions are favorable, but senior industry executives worry about "the lack of clear direction in many federal policies," says the Real Estate ...
October 31
12:59 PM
globest Lightstone Secures $120M Loan for Gowanus Multifamily NEW YORK CITY--An affiliate of Lightstone has secured a $120-million construction loan for its 12-story multifamily project in the Gowanus section of Brooklyn.
October 31
12:55 PM
globest SL Green Names New CFO NEW YORK CITY--Chief accounting officer Mathew DiLiberto will start in the position on Jan. 1, 2015, replacing James Mead, who is stepping down to relocate to Chicago.
October 31
12:43 PM
nreionline Investors Keep Piling Into Apartments Investors are on track to buy more multifamily properties this year than they did last year—impressive considering that last year apartment sale topped the peak year of the last ...
October 31
12:37 PM
nreionline Why Collaboration–Not Cash–is King Daryl A. Shevin One of the important strategies to emerge on the sponsor side has been the concept of ‘allied capital’—partnerships among competing investment and ...
October 31
12:26 PM
globest Center for Real Estate Honors Three NEWPORT BEACH, CA--GlobeSt.com is there as AIMCO's Peter Kompaniez, Hines' Ray Lawler and FivePoint Communities' Emile Haddad are recognized by the UCI Center for Real Estate for ...
October 31
12:17 PM
bizjournals Top 5: Largest commercial property managers This week, the Pittsburgh Business Times ranked the largest commercial property managers. Click on the photo to the right to start the slideshow. The complete list of the ...
October 31
12:12 PM
bizjournals Top 5: Largest commercial real estate deals This week, the Pittsburgh Business Times ranked the largest commercial real estate deals. Click on the photo to the right to start the slideshow. The complete list of the ...
October 31
12:05 PM
globest Hotel Added to Napa Center Mix NAPA, CA--Kansas company is planning a 183-room five story boutique hotel at the mixed use in downtown Napa.
October 31
11:43 AM
bizjournals Here are the projects behind the Heavy Hitters Awards (PHOTOS) A diverse mix of commercial real estate projects in the Charlotte region were cited in the Charlotte Business Journal's inaugural Heavy Hitters Awards. Click through this ...
October 31
11:08 AM
globest BioMed Revenue Jumps 6.1% SAN DIEGO--Firm's 3rd quarter report also indicates positive net absorption exceeds 219,000 square feet.
October 31
10:18 AM
bizjournals Fastest Growing Companies 2014: Keller Williams Capital Properties (Video) Making the list of 50 Fastest Growing Companies for the first time, Keller Williams Capital Properties comes in at No. 13. With 63.96 percent growth, the residential real estate ...
October 31
10:15 AM
globest Omega Creates $10B Skilled Nursing REIT with Aviv Acquisition HUNT VALLEY, MD--Omega Healthcare Investors has agreed to buy Aviv REIT in an all-share transaction that will value Aviv at $3 billion.
October 31
8:00 AM
nreionline 13 Haunted Industrial Venues The industrial sector may be making a comeback, but according to several ghost-hunter websites, so are many deceased folks who occupied these factories and warehouses when they ...
October 31
2:22 AM
globest Cassidy Turley Gets New Twin Cities' Leaders MINNEAPOLIS--Mark Sims and Brian Woolsey will take the helm at a time when the cities' real estate markets have ascended, in terms of performance, to the top-tier of US markets.
October 31
12:46 AM
globest Mixed-Use Development Begins in Oak Park CHICAGO--Golub and Wood Partners believe this project in downtown Oak Park will attract many of the demographic groups that have fueled the resurgence of residential development ...
October 31
12:30 AM
costar CoStar's People of Note (Oct. 26 - Nov. 1) It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following ...
October 30
11:29 PM
globest GSA Sitting On Excess Inventory Privatizing the thousands of vacant or under-used federal properties could provide the weak economy a real shot in the arm
October 30
10:17 PM
globest Chinatown Tower Secures State Grant PHILADELPHIA--The Eastern Tower Community Center mixed-use tower project in Chinatown has been awarded a $3.7-million grant from the State of Pennsylvania.
October 30
10:13 PM
globest Report: NJ has Worst Tax Climate in Nation TRENTON, NJ--A State Business Tax Climate Index, which ranks the Garden state last among the 50 states, has business and political leaders demanding reform.
October 30
9:59 PM
globest Walmart is First Crosstrail Project Tenant LEESBURG, VA--The Peterson Co. has signed Walmart as its first tenant for its planned Crosstrail development here.
October 30
9:58 PM
globest WaterWalk Fills Void in Marketplace WICHITA, KS--In this UPDATE , David Redfern says the new extended-stay hotel/apartment development hybrid will start slow, but by 2016 should have dozens of projects underway.
October 30
9:57 PM
globest Federal Realty Launches Phase II of Pike & Rose ROCKVILLE, MD--The second phase will offer more retail, a boutique hotel and high-end apartments and condos.
October 30
9:53 PM
globest DC Public Library Expands Central Library Plan WASHINGTON, DC--The DC Public Library, which originally estimated it would only need about 200,000 square feet of space at the Martin Luther King Jr. Library for library services, ...
October 30
9:44 PM
globest Willner Finishes 1st Phase of Renovations at Exton Corporate Center KING OF PRUSSIA, PA--Willner Properties recently completed phase one of a capital improvement campaign for the class A Exton Corporate Center, 102 Pickering Way, Exton, PA.
October 30
9:39 PM
globest Freddie Mac Unveils New MBS Offering MCLEAN, VA--Called Q Certificates, they are backed by affordable multifamily loans that Freddie Mac didn't originate.
October 30
9:24 PM
globest Eisenhower Corporate Campus Earns BOMA NJ's 'The Outstanding Building of the Year' LIVINGSTON, NJ--The Building Owners and Managers Association of New Jersey has recognized Eastman Management Corporation's Eisenhower Corporate Campus in Livingston as "The ...
October 30
7:13 PM
globest Airport Development Gets City OK PHOENIX--The Chandler City Council has approved the Planned Area Development zoning request and site plan approval for Chandler Airport Center, a general industrial park at the ...
October 30
6:31 PM
globest NYC Apts. See Best Quarter in Two Years NEW YORK CITY--"We expect this market strength to carry into the remainder of the year," says Shimon Shkury of Ariel Property Advisors.
October 30
6:13 PM
globest Industrial Trends Play Out as Predicted CHICAGO--As the economic recovery began to take hold, "fundamental shifts in retail shopping patterns and manufacturing strategies" began manifesting in the industrial landscape, ...
October 30
5:04 PM
globest Ice Casino Damaged by Superstorm Sandy Reopens RYE, NY--Westchester County Executive Robert Astorino officiated over the ceremonial reopening of the storied Ice Casino at Playland, which was closed after suffering extensive ...
October 30
4:53 PM
bizjournals Booming with Purpose finalist uses commercial real estate experience to help nonprofits Editor's note: This is the second of five articles looking at the finalists of the Booming with Purpose contest. Joe Brown spent his entire career working in commercial real ...
October 30
4:46 PM
bizjournals Copaken Brooks treats itself to new president, COO What do dog treats and commercial real estate services have in common? That sounds like a riddle but is actually one of the questions people are asking a new leader at Copaken ...
October 30
4:28 PM
globest Remington at Ponte Vedra Lakes Trades for $35M PONTE VEDRA BEACH, FL--Locally-based multifamily real estate investment firm Cocke Finkelstein Inc. has acquired the Remington at Ponte Vedra Lakes, a 344-unit, garden-style ...
October 30
4:16 PM
globest New Firm Building Projects Worth $100M WILTON MANORS, FL--Recently formed Ascend Properties broke ground earlier this week on its second residential project--the Metropolitan--a 179-unit rental apartment development ...
October 30
3:20 PM
globest Even Koreatown's Non-Ductile Assets Fly Off Market LOS ANGELES--Unstabilized assets are selling in the Koreatown submarket, as illustrated by the Lion Real Estate Group's recent value-add acquisition of Sherman Apartments, a ...
October 30
3:18 PM
globest No Deal on Chase Move to Hudson Yards NEW YORK CITY--Questions of tax incentives, construction costs and the availability of parcels all contributed to the bank's decision to maintain its current headquarters rather ...
October 30
2:45 PM
globest Kay: 'Bad Judgment' Led to Accounting Errors NEW YORK CITY--Although the discovery that an accounting error was concealed was not "the ideal situation," ARCP's CEO said Wednesday afternoon that "it is not the parade of ...
October 30
2:42 PM
globest When Development '14 Meets 'Jeopardy' DENVER--Some interesting answers are uttered during NAIOP's Development '14 conference's supply-chain session when the panel is turned into a spirited and informative episode of ...
October 30
2:34 PM
globest Phase II of Heritage Marketplace Underway PHOENIX--LGE Design Build is kicking off the design of the second phase of Heritage Marketplace, a family friendly, pedestrian-oriented, mixed-use development in downtown Gilbert.
October 30
2:00 PM
bizjournals CAP COM Federal Credit Union sells former headquarters CAP COM Federal Credit Union sold its former headquarters in Colonie, New York for $1.7 million to a commercial real estate brokerage firm. The owners of Trinity Realty Group and ...