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Commercial Real Estate News Feed

March 31
1:41 AM
globest Avison Young Recruits Two from CBRE CHICAGO--Keith Puritz and Brett Kroner will join Avison Young in Chicago, become principals and will focus on industrial sales and lease transactions.
March 31
12:29 AM
globest RE/MAX Expects Moderate Housing Gains CHICAGO--The region remains a very conservative market. Home shoppers are looking for value and well-maintained homes. Properties selling at $220,000 to $250,000 are drawing a lot ...
March 30
11:32 PM
globest Capital Square Gets Investors for 1,000+ Midwest Units RICHMOND, VA--Manufactured housing has become more attractive to investors and the firm has structured a 1031 offering.
March 30
10:24 PM
globest JLL Set to Transform Global Headquarters CHICAGO--The new high-tech office will provide a wide variety of spaces, many of which will allow privacy, and act as a showcase for clients and other JLL offices worldwide.
March 30
10:05 PM
globest CLP Makes First Austin Acquisition AUSTIN--Castle Lanterra Properties (CLP) has entered the Austin market with its acquisition of Stonegate Apartments, a 452-unit class A property. The property was purchased from ...
March 30
9:51 PM
globest Venture Commercial Brokers Sale of 26-Acre Prosper Lot DALLAS--Venture Commercial Real Estate's Land Division has brokered the sale of 26 acres near Windsong Ranch for a 300-unit townhome-style luxury apartment development, to be ...
March 30
7:56 PM
globest Former NFL Player, Chad Levitt, Named Director at Marcus & Millichap Capital PHILADELPHIA, PA–Marcus & Millichap has named a former NFL football player, Chad Levitt, a director in the Philadelphia office of Marcus & Millichap Capital Corporation.
March 30
7:30 PM
globest With 17K SF of New Leases, Colliers Nearly Fills 123 Tice Blvd. WOODCLIFF LAKE, NJ--Colliers International has arranged 17,000 square feet of new, long-term leases at 123 Tice Boulevard in Woodcliff Lake, NJ, bringing occupancy at the ...
March 30
7:02 PM
globest Bussel Brokers Maplewood Industrial for $4M MAPLEWOOD, NJ--Ancyma Inc. has acquired 40 Camptown Road in Maplewood, NJ, a 66,000-square-foot distribution facility, from R&S Restaurant Supply for slightly more than $4 million.
March 30
6:07 PM
globest Office Has Become an Owner's Market LOS ANGELES--That's CBRE's take on the state of the office sector, based on the balance between landlords and tenants in its quarterly "Occupiers vs. Owners Market Meter." Denver, ...
March 30
5:56 PM
globest Huebscher: 'Broad-Brush Demand' for Multifamily BETHESDA, MD--Although there's more talk around value-add opportunities in the apartment sector, "there's still a lot of interest in core," Capital One Multifamily Finance's Grace ...
March 30
5:19 PM
globest Miami Condo Boom Squeezing Office Market? MIAMI-- "Existing core trophy office remains at a premium--with heavy competition among institutional and high net worth private and foreign investors for any assets that may ...
March 30
5:19 PM
globest JAG's "Unique" Tax Credit Structure Funds $58M Workforce Housing FAIRFAX, VA--The company hopes to duplicate this structure for other workforce housing projects around the country, JAG's Greg Lamb tells GlobeSt.com's Erika Morphy.
March 30
5:06 PM
globest Are Investor Strategies Different in '15? ATLANTA--2014 was also a year of significant capital flows to REITs, driven primarily by yield-hungry investors. Will 2015 be the same?
March 30
4:52 PM
globest Kushner Cos. Buys Sweet 16 MF Buildings NEW YORK CITY--The CRE firm has picked up a portfolio of walk-up properties spread throughout Manhattan and Brooklyn.
March 30
4:33 PM
globest A New HQ, Courtesy BOKA Powell DALLAS--BOKA Powell has completed interior design work for the new Dallas headquarters of Omnitracs, a transportation technology firm that has relocated from San Diego.
March 30
4:30 PM
bizjournals UW snaps up new office project in the University District New office space in the University District is very difficult, if not impossible, to find, and the University of Washington already has taken the next new block of space even ...
March 30
4:03 PM
bizjournals Flywheel Networks boosts lease in Sacramento A residential real estate networking company has signed a lease to more than triple its space in Sacramento. Flywheel Networks, based in San Francisco, will go from 2,000 to ...
March 30
3:47 PM
bizjournals Commercial brokers see more upward momentum in charity fundraising A good cause, an improving economy and a higher-profile event all made this year’s Association of Commercial Real Estate awards dinner more successful in raising money for charity ...
March 30
3:10 PM
globest Empire Gateway Spec Project Fully Leased CHINO, CA--Solo Cup is taking 522,000 square feet, with a five year lease. Colliers says it is a sign that demand has increased.
March 30
2:41 PM
globest Xceligent Grows With Phoenix Market PHOENIX--The data provider and GlobeSt.com Thought Leader talks about its ramping up its platform in the metro market as the area absorbs more activity in the second part of our ...
March 30
2:39 PM
globest Hines Wins Transaction of the Year PHOENIX--Hines has won NAIOP Arizona's Transaction of the Year for the purchase and entitlement of Chandler Viridian, a mixed-use development at the northwest corner of the Loop ...
March 30
2:34 PM
bizjournals Landfill proposal may restart Sunflower ammo plant cleanup The environmental cleanup of the 9,065-acre Sunflower Army Ammunition Plant site near De Soto has been stalled since 2011 because of higher-than-expected costs. But negotiations ...
March 30
2:26 PM
globest Miami Ranks High in Real Estate's 'New Dawn' MIAMI--Savills Research just named Miami among 12 cities that are manifesting the American Dream in the new dawn of real estate.
March 30
2:18 PM
google Virtual office space connects international brokerage agents with tech campus The North American cloud-based brokerage eXp Realty International Corp. has taken its virtual lifestyle to a new extreme by investing six figures in the creation of a new virtual ...
March 30
1:54 PM
globest CBRE Names Global Corp. Services Vice Chairs LOS ANGELES--Mike Scimo and Henry Johnson receive a promotion to vice chairman of the firm's global corporate services practice, which is the highest title in the company.
March 30
1:41 PM
globest AECOM Cuts Greenhouse Emissions LOS ANGELES--After attending a Department of Energy meeting, which President Obama also attended, the top-ranked design firm announces plans to reduce greenhouse gas emissions ...
March 30
1:37 PM
bizjournals 2015 Coolest Office Spaces launches with new categories There are many reasons Tampa Bay Business Journal spotlights the region's coolest office spaces every year. We like to give local businesses an opportunity to brag about ...
March 30
1:05 PM
globest Bauhouse Completes Sutton Pl. Assemblage NEW YORK CITY--The property is comprised of four walk-up buildings along with air rights that will allow the company to build a 269,000-square-foot building.
March 30
12:43 PM
globest CBRE Secures Funding for Mission Bay MF SAN FRANCISCO--Debt and structured finance team of CBRE arranges construction financing for 129-unit apartment complex.
March 30
12:42 PM
globest New Senior Boosts Private-Pay Share with Hawthorn Deal NEW YORK CITY--Originally announced in December, the deal adds 2,082 units in Florida and nine other states to the portfolio of the Newcastle Investment spinoff.
March 30
12:33 PM
globest Wireless REIT Closes on $5.1B Verizon Deal BOSTON--American Tower's CEO, Jim Taiclet, said in February that the acquisition of more than 11,000 towers from Verizon would facilitate "robust leasing opportunities."
March 30
12:32 PM
globest Savills Studley Arranged Lease for Medical Temp Firm PEABODY, MA--The company is leasing more than 50,000 square feet here in order to relocated its headquarters.
March 30
12:01 PM
globest Mission Capital Arranges $50-M Facility for Columbia Pacific Advisors SEATTLE--Columbia Pacific sourced the new capital to fund the increasing demand from high quality real estate owners seeking short-term financing.
March 30
11:40 AM
globest Colliers Adds a Former CFO to Property Management Group NEW YORK CITY--John Difiore is a 21-year veteran who most recently served as CFO of Metropolitan Equity Partners.
March 30
11:40 AM
globest Colliers Hires Exec for Management Division NEW YORK CITY--John Difiore is a 21-year veteran who most recently served as CFO Metropolitan Equity Partners.
March 30
10:43 AM
nreionline New Investors Enter Seniors Housing Sector as ROI Blossoms A recent report on the seniors housing industry touts the strong positive momentum for occupancies, transaction volume and returns that have continued into this year. read more
March 30
10:24 AM
nreionline 10 Must Reads for the CRE Industry Today (March 30, 2015) Janet Yellen warns that interest rates may be rising later this year, reports CNBC. Casino workers union is trying to block Gaming & Leisure Properties’ purchase of Pinnacle ...
March 30
8:55 AM
globest Makers Quarter: Anchored by a Unified Vision SAN DIEGO--GlobeSt.com chats EXCLUSIVELY with Stacey Pennington, urban planner for the six-block Downtown community, which includes residential, educational and ...
March 30
8:48 AM
globest New Center Offers Tenants Added Value RANCHO MISSION VIEJO, CA--Sendero Marketplace businesses can benefit from various marketing opportunities the shopping center offers to help boost traffic, Westar's Jud Dutrisac ...
March 30
8:38 AM
globest Is Carlsbad Next for Office Growth? CARLSBAD, CA--Davlyn Investments purchases a 74,807-square-foot office property here, a market that's 'next in line to enjoy the economic growth already seen throughout the ...
March 30
8:22 AM
globest Monument to Build $60M Micro-hotel in Chinatown WASHINGTON, DC--The company has entered into a joint venture with Modus Hotels and the Cafritz Co. to develop the 230-room property.
March 30
8:00 AM
marketwired CNL Commercial Real Estate Expands Senior Team in Florida Markets Orlando, Jacksonville and Boca Raton Offices Continue to Grow With New Hires
March 30
7:56 AM
marketwired Integra Realty Resources and National Bureau of Property Administration Announce Partnership to Provide Commercial Property Tax Appeal Services NEW YORK, NY--(Marketwired - Mar 30, 2015) - Integra Realty Resources (IRR) and National Bureau of Property Administration (NBPA) today announced a partnership to provide ...
March 30
7:00 AM
nreionline PREA Forecast: Industrial, Office to Deliver Highest Returns for Institutional Investors The Pension Real Estate Association (PREA) recently released the results of its first quarter 2015 Consensus Forecast survey and it looks like its members expect total annual ...
March 30
2:12 AM
globest McNamara Returns Corp. Hdqs. to Indy INDIANAPOLIS--The Indiana florist will relocate froma suburban location to a renovated industrial building in central Indianapolis.
March 30
1:18 AM
globest Bucher Buys 100K Ind. in Elgin CHICAGO--This corner of the Chicago market has seen a number of companies expand their local operations.
March 29
11:35 PM
costar Peak Performance: Brookfield Looks To Jettison $2 Billion in Office Properties Sensing a bottom in some core U.S. office property cap rates, Brookfield Asset Management Inc. and its affiliate Brookfield Property Partners LP, are in the late stages of selling ...
March 29
11:35 PM
costar Peak Performance: Brookfield Looks To Jettison Up To $2 Billion in Properties Sensing a bottom in some core U.S. office property cap rates, Brookfield Asset Management Inc. and its affiliate Brookfield Property Partners LP, are in the late stages of selling ...
March 29
11:32 PM
globest Hot Trends in Chicago Retail CHICAGO--The loss of Dominick's hasn't caused the regional market to miss a beat as specialty grocers and Mariano's have moved in to fill the gaps, according to experts at M&M's ...