John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
CHATHAM, NJ-There more than 3 million sf of new builds going up, says a local expert. But there's also roughly 3.5 million feet of need to fill that space.
NEW YORK CITY-Don't dismiss this industry as a bunch of technological Neanderthals. GlobeSt.com's latest Quick Survey proves that real estate professionals are more sophisticated than generally perceived. Industry news was a must on their Internet applications.
NEW YORK CITY-The broadband provider filed for protection late yesterday and has let go two-thirds of its staff. The move is the latest wrinkle in a trend GlobeSt.com predicted last year.
NEW YORK CITY-The war between CBDs and suburbs is fought in local skirmishes, with demands of native business and the locale's ability to support them drawing tenants in or pushing them away from our center cities. As a result, there is no clear-cut winner in the space race.
NEW YORK CITY-The war between CBDs and suburbs is fought in local skirmishes, with demands of native business and the locale's ability to support them drawing tenants in or pushing them away from our center cities. As a result, there is no clear-cut winner in the space race.
NEW YORK CITY-News coverage begins today in London while columnists treating personnel concerns, corporate real estate issues and national legislation bring greater breadth to GlobeSt.com's editorial lineup.
NEW YORK CITY-It was a squeaker, but Silverstein Properties has just overcome its last minute financial concerns to seal the 99-year lease on the World Trade Center. Silverstein's financial woes just a rumor, says one insider.
NEW YORK CITY-Larry Silverstein has to pony up some cash today if he wants to buy the World Trade Center. If not, contender number 2 in this ongoing saga may go by the boards. Vornado lost its bid just a month ago due to reportedly heated snags in the negotiations.
NEW YORK CITY-Dai-ichi Life has shed the 1.6-million-sf asset to a joint venture forged between the REIT and Allied Partners. The closing ends a months-long process involving complex asset swaps.