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Commercial Real Estate News Feed

July 31
3:21 PM
globest Partner Hosts NY's CRE Pros NEW YORK CITY--The firm's annual cocktail party--held on 230 5th Ave.'s rooftop for the fourth straight year--was well-attended.
July 31
2:23 PM
globest NNN Boosts Guidance on FFO Gains ORLANDO, FL--CEO Craig McNab says National Retail Properties' team continues "attractive retail properties for acquisition," a priority that led it to beat one analyst's ...
July 31
2:09 PM
bizjournals $30 million office building coming to RiNo Zeppelin Places will break ground in the first quarter of 2016 on a $30 million, 100,000-square-foot office and retail building at 35th and Wazee streets. The building, to be ...
July 31
2:02 PM
bizjournals Dilweg pays $16M for prominent, distressed office buildings in north Raleigh Durham commercial real estate investment firm The Dilweg Companies has brought closure to an underlying saga surrounding the ownership of two prominent office buildings on Falls ...
July 31
1:50 PM
globest GNL Nears Halfway Mark on 6-Month Investment Goal NEW YORK CITY--Totaling 1.4 million square feet across seven states, the deals are "representative of our focused investment strategy," says Scott Bowman, Global Net Lease's CEO.
July 31
1:49 PM
globest Attorney: Cesspool of Legal Issues in Cuba CRE MIAMI--Cuba is certainly a hot topic in foreign investment discussions these days. But proceed with caution.
July 31
1:25 PM
globest Bronx MXD Secures Two Healthcare Tenants NEW YORK CITY--Owned by Triangle Equities, the property's two newest tenants have leased nearly 25,000 square feet combined, spotlighting this wrap up of recent deals.
July 31
12:36 PM
globest JLL Closes On LodgeTax Buy CHICAGO--The acquisition will allow LodgeTax's principals "to provide a broader scope of services to our clients within a platform that is complementary to ours," co-founder Louis ...
July 31
12:27 PM
globest Ventas Board Okays SNF Spin-off CHICAGO--The separation of most of Ventas' skilled nursing facility portfolio into a separate publicly traded REIT will bring "significant benefits" to both companies, says CEO ...
July 31
12:20 PM
bizjournals Transaction Action: Residential growth will keep driving medical, service and food leases This weekly blog details recent commercial real estate deals — including sales, leases, new assignments and openings — in the San Antonio area. Do you have newsworthy real estate ...
July 31
12:12 PM
bizjournals The Orange Line effect: Huge Milwaukie apartment communities sold for $47M A list of apartment sales with the Holliday Fenoglio Fowler name attached to it grew a little longer this week with the sale of two apartment communities in Milwaukie. The ...
July 31
11:41 AM
bizjournals Christ Hospital office building sold for $30M The Christ Hospital office building at 237 William Howard Taft Road sold for nearly $30 million. An affiliate of Carter Validus, a privately held commercial real estate ...
July 31
11:34 AM
globest Portland-area Apartment Properties Trade MILWAUKIE, OR-- Starwood Capital Group purchased two garden-style apartment communities near the planned MAX Orange line extension.
July 31
11:14 AM
globest Downtown Mixed Use Greenlighted SAN DIEGO--Construction of The Richman Group's 22-story project is set to start in second quarter of 2016.
July 31
10:55 AM
bizjournals With Haussner's building under new ownership, attention turns to another troubled Highlandtown site Highlandtown can look forward to the upcoming redevelopment of the former Haussner’s building, but the corner at Eastern Avenue and South Clinton Street isn’t quite out of ...
July 31
10:25 AM
bizjournals Boston Properties picks a buyer for a prime East End office building It didn't take long, but Boston Properties has found a buyer for a high-end office building near the Gallery Place Metro for $318 million, or roughly $977 per square foot, another ...
July 31
9:47 AM
globest Colorado's New and Untapped Income Stream DENVER--One panelist at the upcoming RealShare Denver conference says that underutilized class B and C industrial product is experiencing unprecedented absorption thanks to the ...
July 31
9:07 AM
nreionline 10 Must Reads for the CRE Industry Today (July 31, 2015) Shadow lenders are betting on riskier real estate deals, reports The Seattle Times. Wealthmanagement.com identifies the healthiest housing market in the country. Intercontinental ...
July 31
8:42 AM
globest Lerner Secures EY as First Major Tenant at Tysons Tower TYSONS, VA--The accounting firm is taking 125,000 square feet at 1775 Tysons Blvd.
July 31
8:04 AM
bizjournals Guero's owner plans office, retail and condos at Vulcan Video site The people behind Guero's Taco Bar plan to build an $8 million office, retail and condominium development behind the South Austin restaurant, reports the Austin ...
July 31
7:50 AM
bizjournals Veterans health care company bringing jobs to Nashville TriWest Healthcare Alliance has leased 40,000 square feet of office space off Murfreesboro Pike. According to The Tennessean, the Phoenix-based company plans to bring 250 jobs to ...
July 31
7:22 AM
bizjournals ​Office space up in KC, but demand remains strong Office space up in KC, but demand remains strong First, the bad news for the Kansas City office market. The Kansas City Business Journal reports the combined Class A and Class B ...
July 31
6:38 AM
bizjournals Revenue, net income higher for HFF in 2Q HFF Inc. reported second-quarter 2015 profit of $21.2 million, or 55 cents per share, up from $12.6 million, or 33 percent per share, a year ago. Earnings per share, up by ...
July 31
6:04 AM
bizjournals The List: Commercial Real Estate Brokerages A Miami-based firm ranked first on the South Florida Business Journal’s list of commercial real estate brokerages. The firm earned the top spot based on its 2014 aggregate dollar ...
July 31
5:30 AM
marketwired Fortis Delivers Record Second Quarter Earnings of $244 Million Sale of Commercial Real Estate and Non-Regulated Generation Assets in New York Complete$1.2 Billion in Capital Invested in the First Half of 2015
July 31
3:00 AM
nreionline Does Your Business Model Include Professionalism? What is your business model? What are the tenets and the strategies that you as a leader in your company have carved out to ensure the sustainability of your brand? read more
July 31
3:00 AM
costar CoStar's People of Note (July 26 - Aug. 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 ...
July 31
2:00 AM
nreionline Rules for Achieving Construction Success By Jack Garson, founder, Garson Claxton LLC When it comes to construction projects, all too often people start out with pretty drawings and end up with shouting matches ...
July 31
2:00 AM
nreionline 5 Secondary Ports to Watch With less than 10 months to go until the $5.2 billion Panama Canal expansion opens in April 2016, U.S. ports are implementing almost $30 billion in dredging and infrastructure ...
July 31
1:28 AM
costar Biltmore Financial Ctr Sold for $163.1M PHOENIX – ViaWest Properties LLC, with joint-venture partner AllianceBernstein U.S. Real Estate Partners II LP, has acquired the three-building Biltmore Financial Center at ...
July 31
12:00 AM
globest J. Crew Opens 2nd US Site at HSA's Mayfair CHICAGO, MILWAUKEE-- The project has taken a group of obsolete suburban warehouses and transformed it into contemporary retail shops.
July 30
11:37 PM
globest Billions in Sales: Which Ones Shined? Compiling industry data and past coverage, we bring you the biggest office sales of each year since our launch in 2000 through 2014.
July 30
11:29 PM
globest Suburban Hotels Attracting Investors CHICAGO--In 2014, hotels in the Chicago North and Lake County submarkets were among the top in terms of RevPAR growth with increases of 17.1% and 11.7% respectively.
July 30
9:16 PM
globest GE Offloads Japanese Office Assets TOKYO--GE Capital has struck two separate deals to sell a total of 50 office properties here and in other Japanese markets, according to published reports.
July 30
9:00 PM
globest Cincinnati Industrial Market Hits Historic Low CINCINNATI--From Cincinnati, a truck driver can reach 90% of the US in two days, and the rise of e-commerce has fueled a vibrant distribution market.
July 30
5:45 PM
globest How Will the Office Market Evolve? As part of GlobeSt.com's 15-anniversary celebration, we asked numerous industry experts how the office market will evolve in the future. Their answers might surprise you.
July 30
5:25 PM
globest CBRE Brokers East Orange MF Portfolio EAST ORANGE, NJ--CBRE has arranged the $5.5 million sale of four multifamily properties known as the East Orange Portfolio. The complex totals more than 74,500 square feet, with a ...
July 30
5:22 PM
globest New Starts Come in Below Forecast NORCROSS, GA--Tepid business investment as Q2 began led to tepid growth in construction, although CMD expects it to pick up as the economy strengthens in the year's second half.
July 30
5:21 PM
globest US REIF Acquires Burnet Flats Community AUSTIN--U.S. Real Estate Investment Fund LLC (US REIF), a subsidiary of Intercontinental Real Estate, has acquired Burnet Flats in central Austin.
July 30
5:14 PM
globest Central NJ Industrials Outshining Northern NJ: DTZ 2Q Snapshot CHATHAM, NJ--The Northern New Jersey industrial market remains robust, but activity in the Central New Jersey market is described as "stellar" in the second quarter Industrial ...
July 30
5:01 PM
globest High Ceilings, Cross-Dock Loading Hard to Find in I-95 Market LORTON, VA--But not at Springfield Newington Industrial Center, which is likely why it sold so quickly, Michael Stuart tells GlobeSt.com's Erika Morphy.
July 30
4:50 PM
globest Duke Developing Spec Warehouse on East Side of Lehigh Valley ALLENTOWN, PA--Duke Realty Corporation has purchased a 63.1-acre site on the east side of the Lehigh Valley where it will build a new speculative 1.1 million-square-foot, modern ...
July 30
4:40 PM
globest Nostalgic Retail Sees $41M Transformation PALM COAST, FL-- The goal is to return to the 28.7-acre lot into a high-quality shopping experience. Will it work?
July 30
4:07 PM
globest Memory Care Facilities Trading ATLANTA--Healthcare real estate is trading north and south. Facilities in Atlanta and Central Florida just sold.
July 30
4:03 PM
globest Rate Hike Fears Shake Broker Confidence NEW YORK CITY--Residential and commercial brokers here are showing some concern over the potential impact of a hike in interest rates and the continued lack of two-bedroom ...
July 30
3:35 PM
globest How Will Tenants React to This? ORLANDO--Although Tampa's commercial real estate market is hitting on just about all cylinders, that doesn't mean there aren't still challenges.
July 30
2:56 PM
globest Resort Community Emerges from Renovation of the Former La Mirage SAN DIEGO--The 1,410 unit complex has been renamed Village Mission Valley Apartment Homes at the end of a $150-million project.
July 30
2:54 PM
globest A Tale of Two Boroughs NEW YORK CITY--While in different stages of development, the Bronx and Brooklyn alike are working to increase their appeal, the presidents of the boroughs told a crowd of industry ...
July 30
2:39 PM
globest What's Driving Chinese Investors to Miami? MIAMI--"Chinese investors who are buying US real estate are doing it with a very long-term view..."
July 30
2:13 PM
globest Creative Office Ground Zero The new way of crafting a unique office environment is just getting underway, says a source in this EXCLUSIVE column--part of GlobeSt.com's 15-year anniversary coverage.