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Commercial Real Estate News Feed

June 30
1:36 AM
globest Chicago Remains One of the Greenest Cities CHICAGO--Researchers also found that by implementing energy-efficient practices, small building owners can set themselves apart from their competition.
June 30
12:12 AM
globest Grand Rapids Sees Another Big MF Sale GRAND RAPIDS, MI--This small city in Western Michigan has attracted a great deal of interest from outside investors.
June 29
11:01 PM
globest Mesa West Stays Active in Chicago Market CHICAGO--In the past six months, the firm has completed more than $348 million of loan originations in the Chicagoland area.
June 29
10:52 PM
globest The Greene Turtle Plans 10 Restaurants in Eastern PA PHILADELPHIA, PA--Maryland-based Greene Turtle Sports Bar & Grille chain will be scoring in eastern Pennsylvania with a planned 10-unit buildout in 2016.
June 29
10:39 PM
globest Kushner and Ironstate Earn Smart Growth Award in Jersey City JERSEY CITY, NJ--Development partners Kushner Real Estate Group and Ironstate Development Company have received a 2015 "Smart Growth" award from New Jersey Future for 18 Park, ...
June 29
10:27 PM
globest Commonwealth-Emory Hill JV Secure $45M Refi BEAR, DE--The ownership of the 648-unit Christiana Meadows apartment complex here has refinanced the property via a new $45-million financing package.
June 29
10:23 PM
globest Russo, Forsgate Acquire Meadowlands Site LYNDHURST, NJ--Russo Development of Carlstadt and Forsgate Industrial Partners of Teterboro won the right to purchase and redevelop the 718 acres of remediated landfills in the ...
June 29
10:15 PM
globest One Opinion Why Investors Like DC's Rent Control Policies WASHINGTON, DC--StoneBridge Investments, whose parent is based in the Netherlands, has honed in on a two-asset multifamily portfolio in Brightwood. The question is, why?
June 29
5:55 PM
globest Olympics Not a Money Loser, But a Major Development Catalyst BOSTON--An updated plan for the Boston 2024 Olympic and Paralympic games released on Monday projects that the $4.595-billion event could have a surplus of $210 million if revenue ...
June 29
5:46 PM
globest Resi Development Site Sold in LIC NEW YORK CITY--The parcel, which currently spans nearly 34,000 square feet, is zoned for a property nearly five times that size.
June 29
5:36 PM
globest The REIT Option for Retailers: Not So New HACKENSACK, NJ--"It seems as though sale-leasebacks go in and out of vogue" among retail companies, says Cole Schotz's Richard Abramson, who has handled many such transactions ...
June 29
5:06 PM
globest The Power of Millennials PHILADELPHIA--Joseph Coradino, CEO of PREIT, describes the power and impact of the millennials in part 1 of this EXCLUSIVE interview with GlobeSt.com.
June 29
5:05 PM
globest Shorenstein's $259M Fair Lakes Office Loan Portfolio Transfers to Special Servicing FAIRFAX, VA--This event reflects the larger, national narrative that suburban tenants are reassessing their options and trying to downsize if they can, Trepp's Sean Barrie tells ...
June 29
4:39 PM
bizjournals Multifamily land deals hold up despite oil slump, broker says Multifamily developers are still buying land for new apartment projects in the Bayou City despite the downturn in oil prices. “We are still seeing land transactions, although the ...
June 29
3:27 PM
globest Millennials Enter the Home-Buying Market IRVINE, CA--Woodbridge Pacific Group plans to build 200-400 home communities with its recent $200-million equity commitment, thanks to millennial household formations and job ...
June 29
3:25 PM
globest Publix-Anchored Retail Latest Epic Buy ORLANDO-- "The demand by investors for these investments still far outpaces the supply of deals available for sale."
June 29
3:06 PM
globest Let the Retail Bidding Wars Begin ATLANTA--We caught up with Monetha Cobb, managing director of Franklin Street of Atlanta, to ask her a series of pointed questions about Atlanta's retail market.
June 29
3:03 PM
globest 4 More Powerful CRE Women in South Florida MIAMI--For all the talk of a male-dominated industry, Miami has some pretty powerful women in commercial real estate. How well do you know these women?
June 29
3:00 PM
google 7 Brilliant Tools to Help Find Your Next Investment Property Real estate has picked up, and once again it is cool to be an investor. Everyone has their favorite way of finding that next deal: driving for dollars, yellow letters, real estate ...
June 29
2:39 PM
globest Car Dealer Buys 10.5-Acre Development Site LOS ANGELES--Sperling Nursery brings the land site to market un-priced, garnering nine offers and selling to a developer that plans to build a car dealership.
June 29
2:35 PM
globest This Secondary Location Has Higher In-Place Yields CANOGA PARK, CA--The Verandas apartment complex sees high competition from investors looking to cash-in on higher in-place yields than apartment complexes in the nearby Warner ...
June 29
2:26 PM
globest Department of Child Safety Relocates PHOENIX--Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease for the Arizona Department of Child Safety at Mesa Financial Plaza, 1201 S. Alma School Rd.
June 29
2:25 PM
globest CBRE GIF Spends $389M on European Logistics Package LONDON--The portfolio, coming from TH Real Estate, is made up of seven institutional quality assets totally nearly 600,000 square feet.
June 29
2:01 PM
globest LIC MF Project Lands Hefty Loan NEW YORK CITY--Provided by PNC and syndicated with some other institutions, the construction financing was arranged by JLL.
June 29
1:59 PM
globest Tech and Talent at Forefront of Office Space Challenges SAN FRANCISCO--In preparation for the upcoming session at RealShare Bay Area on July 14, Jonathan Allen, principal at Avison Young, shares some insights about today's office space ...
June 29
1:58 PM
globest Carey, Bon-Ton Ink Six-Store SLB NEW YORK CITY--"Bon-Ton has built a strong track record of tenancy with W. P. Carey since our first transaction 18 years ago," says Gino Sabatini, managing director of the net ...
June 29
1:49 PM
globest This Orlando MF Submarket is White Hot ORLANDO--Orlando's multifamily submarkets are heating up. The prestigious city is the latest to turn investor heads.
June 29
1:10 PM
globest 80s Classic: What's Old is New (and Profitable) Again ATLANTA--In this cycle some developers are looking back as they forge ahead. Find out why with insights from Resource Real Estate's Kevin Finkel.
June 29
1:03 PM
globest Rechler Inks 95K-SF Relocation, Expansion LONG ISLAND, NY--The tenant, a global distributor of medical and cosmetic components, will head to its new space in Bohemia from a property in Edgewood.
June 29
12:45 PM
bizjournals Gainesville's Celebration Pointe hits a major financing landmark Mixed-use development Celebration Pointe in Gainesville has secured a $125 million loan for the first phase of the project. The project, which will occupy 225 acres when ...
June 29
12:27 PM
globest Boston Firm Acquires CT Industrial Portfolio ROCKY HILL, CT--An entity of Boston-based Albany Road Real Estate Partners has added two Central Connecticut industrial business parks to its portfolio for $35.2 million.
June 29
12:27 PM
globest Seven-Building CT Industrial Portfolio Acquired ROCKY HILL, CT--An entity of Boston-based Albany Road Real Estate Partners has purchased two Central Connecticut industrial business parks.
June 29
12:26 PM
globest Blackstone REIT Closes on GE Loan Portfolio NEW YORK CITY--The REIT's acquisition of $4.8 billion in commercial real estate debt is just one of five components of the $23-billion sale to Blackstone and Wells Fargo, first ...
June 29
12:25 PM
globest LIC MF Project Lands Hefty Loan NEW YORK CITY--Provided by PNC and syndicated with some other institutions, the construction financing was arranged by JLL.
June 29
12:14 PM
globest New Loan Program to Fund Secondary CBDs NEW YORK CITY--Launched by ATCO Properties & Management, the effort will provide mezzanine funding to top metropolitan statistical areas nationwide that go beyond gateway cities.
June 29
11:51 AM
globest Miami Office Space Greener Than Most MIAMI--Miami doesn't lead the Southeast for green buildings, but it's still one of the top markets in the nation for LEED buildings. Get all the details.
June 29
11:27 AM
globest Citigroup Inks 125,000 SF Lease at Miami Center MIAMI--It's one of largest Downtown Miami office lease deals of 2015. What does it say about the current state of Miami's office market?
June 29
11:13 AM
globest Massive Tampa Industrial Site Up for Grabs ORLANDO--"The site is particularly well-positioned to handle the future of 'big-box' distribution and logistics to our growing population base, in order to meet oncoming demand ...
June 29
10:30 AM
globest Brookwood Acquires Carlsbad Executive SAN DIEGO--DTZ represented both Brookwood, and the seller, TA Associates.
June 29
10:30 AM
globest Brookwood Sells Carlsbad Executive Plaza SAN DIEGO--DTZ represented both Brookwood, and the buyer, TA Associates.
June 29
10:25 AM
globest VCM Sells Frisco Site to Primrose DALLAS--VCM Development Group LLC has sold an 119,868-square-foot site in Frisco to Primrose Schools. The site is located at the northeast corner of Main Street & Teel Parkway in ...
June 29
10:12 AM
globest HFF Closes MF Sale in South Austin AUSTIN--HFF has closed the sale of Terrain, a 101-unit apartment community in the South Austin submarket.
June 29
10:03 AM
globest Spec Business Park Delivers in NW Houston HOUSTON--Triten Real Estate Partners, a subsidiary of Triten Corp., has delivered Building Four at Intrepid Business Park, a spec industrial development located in northwest ...
June 29
9:30 AM
nreionline 10 Must Reads for the CRE Industry Today (June 29, 2015) Ashford Hospitality is selling 23 select-service hotels, reports Bloomberg. Seeking Alpha predicts healthy growth for Wynn Resorts in the long-term. Economists point to low levels ...
June 29
9:28 AM
globest What's Critical for Retail Development SAN DIEGO--Common areas for socializing, collaboration and recreation are essential to the retail experience, CBRE's Carrie Bobb tells GlobeSt.com in this EXCLUSIVE look at the ...
June 29
9:23 AM
globest Where Does Industrial Stand Now? LOS ANGELES--With vacancies approaching 0% in some markets, the industrial sector is hotter than ever. Speakers at RealShare National Investment & Finance weigh in on what to ...
June 29
9:18 AM
globest The New Role of Family Offices in Finance LOS ANGELES--As competition among lenders continues to heat up, family offices are now participating in a variety of financing scenarios for potential borrowers, said speakers at ...
June 29
9:00 AM
marketwired Cushman & Wakefield | Commerce Adds New Office Specialist to Boise Team BOISE, ID--(Marketwired - Jun 29, 2015) - Cushman & Wakefield | Commerce today announced Chrissy Smith as a new Office Specialist with the Boise office, representing the ...
June 29
8:00 AM
nreionline Competition Heats Up for Life Science Space, with No End in Sight Demand for space from life sciences companies is still far outpacing supply, pushing up rents and forcing prospective tenants to grab cluster spaces when they can be found. read ...
June 29
8:00 AM
marketwired Peer-to-Peer Lender Money360 Closes $6.75 Million Commercial Real Estate Loan Funded by an Institutional Investor Two-Year Loan to Finance the Acquisition and Capital Improvements of a 209,557 Square Foot, Class-A Commercial Office Building in Chicago