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Commercial Real Estate News Feed

July 30
9:37 AM
globest Center 72% Filled Gets Low Cap Rate GARDEN GROVE, CA--An Orange County-based private investor makes its first commercial-property venture by buying the 35,515-square-foot Garden Grove Festival Square here in this ...
July 30
9:21 AM
globest Iconic Hotel to Receive Major Redo ANAHEIM, CA--Scalzo Hospitality Inc. plans to replace the 86-room Park Vue Inn, a third-generation, family-owned hotel near Disneyland, with a 162-room, mixed-used building ...
July 30
9:08 AM
globest Why Greenlaw Wanted City Parkway Collection ORANGE, CA--The ability to add to nearby owned assets is only one of the reasons why this property appealed to the firm, Greenlaw Partners' Wil Smith tells GlobeSt.com in this ...
July 30
8:51 AM
wsj Gowanus Passes Sniff Test The online-annotation company Genius is moving to Gowanus, where cheap rents and industrial architecture are luring some of the startups that had colonized many of Brooklyn's ...
July 30
8:44 AM
bizjournals SoMa office project rolls the dice on 280 freeway plans Alexandria Real Estate Equities has submitted plans to transform the collection of warehouses and parking lots on the 500 block of Townsend St into 258,000 square feet of office ...
July 30
8:01 AM
nytimes DealBook: Trulia Co-Founder Rows Across Ocean as Company Is Sold to Zillow Sami Inkinen is rowing across the Pacific Ocean with his wife, meaning that he missed most of the negotiations involving the sale of his company to Zillow.
July 30
7:51 AM
costar Natixis Inks 128,000-SF Lease Deal at 888 Boylston Paris-based Natixis Global Asset Management will relocate its U.S. corporate headquarters from 399 Boylston St. to the proposed 888 Boylston St. development in Boston's Back Bay. ...
July 30
7:09 AM
wsj IRS Blesses Telecom's REIT Turn Windstream's plan to spin off some of its telecommunications assets into a real estate investment trust comes as more U.S. companies seek to lower their taxes.
July 30
2:51 AM
globest Energy Boom Transforms Real Estate WILLISTON, ND--In this UPDATE , Bruce Rutherford, the director of JLL's oil and gas practice, explains how the fracking boom is impacting real estate and where the biggest ...
July 29
11:06 PM
globest Whole Foods Breaks Ground in IN CHICAGO--In this UPDATE , Regency Centers Corp. has scored one of the most sought-after grocers for its new Shops on Main development.
July 29
10:35 PM
globest Ritz Banc Nabs 2 Chantilly Offices CHANTILLY, VA--The company is buying the properties with Lincoln Property at "an excellent price," Nasr El Hage Jr. tells GlobeSt.com's Erika Morphy.
July 29
10:15 PM
globest JOSS Taps Realty Mogul for Georgetown Plaza WASHINGTON, DC--This was Realty Mogul's first DC project as it expands throughout the East Coast, Jilliene Helman tells GlobeSt.com's Erika Morphy.
July 29
9:46 PM
globest JLL Names Kouri CMO, Americas CHICAGO--Kouri takes the marketing helm not long after the company changed its name in an attempt to build a more memorable brand in the roughly 75 countries where it operates.
July 29
9:42 PM
globest REITs Rock the First Half of 2014 WASHINGTON, DC--The interest rate fears REIT investors had last year are completely settled.
July 29
9:01 PM
costar RadioShack Begins Fight for its Life in San Francisco As part of its commitment to reinvigorate its stores and bring innovative products to market, RadioShack is opening 21 new interactive remodel stores in the San Francisco Bay ...
July 29
8:53 PM
globest Clal Buys Harper Court for $112 Million CHICAGO--In this UPDATE on Harper Court, the Israeli insurance company has acquired its third US property and its second in Chicago.
July 29
8:19 PM
globest City's Largest Supermarket to Open Thursday BALTIMORE--In what officials say is an important sign for the Howard Park section of Baltimore, the city's largest supermarket, a 67,000-square-foot ShopRite store, will open its ...
July 29
8:15 PM
costar AmREIT Spurns Regency Centers’ Bid, Seeks Offers from Other Suitors in Exploring Strategic Alternatives AmREIT Inc. has decided to explore strategic alternatives rather than accept an unsolicited offer from rival Regency Centers Corp. at $22 per share. AmREIT is a 29-year-old ...
July 29
8:10 PM
globest GSA Narrows FBI HQ List to Three Sites WASHINGTON, DC--It took more than a year, but the General Services Administration has released its short list of possible locations for a new FBI headquarters.
July 29
7:51 PM
bizjournals Honolulu office market feeling effects of upswing in government building supply Hawaii's private commercial real estate sector, which hasn't built any significant new office buildings since the mid-1990s, has been feeling the effects, in terms of a dip in ...
July 29
7:20 PM
wsj Home-Builder CEO Pay Rises Total compensation for chief executives at the largest U.S. home-building corporations jumped 37% last year as sales and construction picked up, but stockholders didn't fare as ...
July 29
7:14 PM
wsj General Electric's Finance Arm Bulks Up in Canada The move to purchase a $530 million portfolio of commercial mortgages tied to 16 Canadian properties is part of its strategy to expand its debt business.
July 29
7:11 PM
wsj REITs Close the Door on Underwriters A slowdown in equity deals in the REIT sector has crimped the fees of some Wall Street firms.
July 29
6:54 PM
wsj Three Sites Considered for New FBI Headquarters The FBI would move its headquarters from a storied, decades-old home in the nation's capital to a new location in the suburbs under a federal government proposal.
July 29
6:41 PM
globest Kislak Closes Largest MF Sale in Monmouth Since '12 BRADLEY BEACH, NJ -- The Kislak Company, Inc. has closed the largest multifamily property sale in Monmouth County since 2012, with the sale of Bradley Beach Village, a luxury ...
July 29
6:36 PM
globest Colliers Inks 18,768-SF Lease for Insurer RUTHERFORD, NJ--Colliers International has arranged a long-term, 18,768 SF lease for Clermont Specialty Managers, a commercial property/casualty insurer, at the Meadows Office ...
July 29
6:32 PM
globest Mack-Cali 2Q Leasing Tops 587,000 SF EDISON, NJ -- Mack-Cali leased 587,245 sf of space in its office and office/flex commercial real estate properties in Northern and Central New Jersey during the second quarter.
July 29
6:09 PM
wsj Simon, With Klépierre Deal, Expands Reach in Europe David Simon's plan to build a retail real-estate empire in Europe similar to the one his family built in the U.S. took a big step with the planned merger between France's ...
July 29
5:54 PM
globest Liberty Property Trust Signs DrugDev, Clinical Trials Facilitator, to 31K SF Wayne, PA Lease WAYNE, PA – DrugDev, which manages the world's largest scientist network and data sharing platform for clinical trials of pharmaceuticals, has signed a lease agreement with ...
July 29
5:37 PM
nytimes Square Feet: Brooks Sports Moves New Home Closer to Trails The shoe and apparel company is relocating into an energy-efficient building on Lake Union in Seattle.
July 29
5:31 PM
nytimes Recent Commercial Real Estate Transactions Notable properties that have been recently listed for sale, sold or leased.
July 29
5:29 PM
globest Mystery of ARCP's Success? No Mystery, Says Kay NEW YORK CITY--Although its rapid growth may be hard to fathom from a distance, "everything we do is directed toward a singular objective: to create value for our shareholders," ...
July 29
5:24 PM
wsj Transit Agencies Get Creative Transit authorities in the U.S. looking to expand rail lines are getting into the real-estate-development business to raise revenue.
July 29
5:10 PM
globest Google Searches Out Space in Its Own Building NEW YORK CITY--Eastdil Secured's Doug Harmon, who sold 111 8th Ave. to Google in 2010, tells GlobeSt.com, "With rents at 111 8th Ave. and in the surrounding area rising rapidly, ...
July 29
5:06 PM
nytimes Square Feet: Dubai’s Hotel Boom Has Designer Labels With luxury five-star hotels opening often in the city, some operators are hoping that brand loyalty and a dose of fashion will set them apart.
July 29
4:58 PM
nytimes The 30-Minute Interview: Jason Bauer Mr. Bauer, 44, is the chief executive of Voda Bauer Real Estate, a brokerage and investment firm based in New York, and is also a founder of Crumbs Bake Shop.
July 29
4:54 PM
globest Turner Valley Names New CEO, Chairman HOUSTON--Stephen C. Helms will be responsible for the launch of the company's merger and acquisition plans.
July 29
4:48 PM
globest FelCor Unwinds JVs, Owns Four TX Hotels DALLAS--FelCor will use proceeds from future and pending asset sales to repay debt and complete our balance sheet restructuring plan, says Richard Smith, president and CEO.
July 29
4:33 PM
globest Why Wynwood is Turning Lender Heads MIAMI--As Wynwood continues heating up, lenders are placing bets on retailers there. Get the latest commercial real estate news from the Downtown Miami neighborhood.
July 29
4:31 PM
nreionline Midtown Atlanta Becoming Hotbed of Professional Service Firms Jeff Keppen For many professional services firms in Atlanta, the No. 1 consideration when choosing office space is recruitment and retention of talent. read more
July 29
4:27 PM
globest Why Apollo Bank Acquired First Bank of Miami MIAMI--The move will nearly double the bank's asset base, expand its lending capabilities and add to its existing branch networks across Miami-Dade County.
July 29
3:53 PM
globest Sofitel Opens New Hotel in Mexico MEXICO CITY--Sofitel Mexico Reforma features 290 room including 61 suites and includes restaurants and spa.
July 29
3:31 PM
nreionline Amid Lackluster Retail Landscape, A Few Markets Shine Auction.com Although retail segment fundamentals remain dismal across the nation, there are a few bright spots—markets that are enjoying strong absorption, minimal ...
July 29
3:30 PM
globest Q2 Sales: More of the Same, and That's Really Good NEW YORK CITY--In the most recent episode of the Knakal News Network, Massey Knakal chairman Robert Knakal looks at second quarter investment sales for the city and reports that ...
July 29
3:30 PM
marketwired Apollo Commercial Real Estate Finance, Inc. Reports Second Quarter 2014 Financial Results and Declares a Common Stock Quarterly Dividend of $0.40 per Share 35.5% Increase in Operating Earnings per Share
July 29
3:25 PM
globest Marriott Warner Center Fetches $90M WOODLAND HILLS, CA--Laurus Corp. acquires the 16-story, 474-room hotel and plans to invest an additional $10 million in upgrades and renovations to the hotel's common areas and ...
July 29
3:11 PM
globest CBRE Adds Key Leader PHOENIX--CBRE Group, Inc. announces that Geoffrey Harris has joined the firm's Capital Markets' Debt and Structured Finance team as senior vice president. Harris is a high ...
July 29
2:52 PM
globest Master Planned Campus Pre-Certifies for LEED Neighborhood SAN JOSE, CA--The partnership's LEED-ND team included Gensler, SWA landscape architects and Sherwood Environmental Design Engineering.
July 29
2:47 PM
globest Blackstone Begins Work on Res Tower in Hawaii Resort WAIKIKI HI--Partnering with Hilton unit, Blackstone is developing a 37-story, 418-unit vacantion ownership property at an established resort.
July 29
2:39 PM
globest HFF secures $10.5 million refinancing for New Jersey office buildings FLORHAM PARK, NJ – HFF secured a $10.5 million refinancing from OceanFirst Bank for Lincoln Property Company's 180-188 Mt. Airy Road, a two-building office property totaling ...