Premier commercial real estate news, analysis, trends and information for commercial real estate professionals covering office, industrial, apartments (multifamily), hotel, healthcare, student housing and net lease CRE sectors.
HOUSTON-After owning the trophy since the 1980s, MetLife is selling the 1.7-million-sf trophy. The prize is predicted to top the $275-per-sf going rate of its CBD peers.
LUBBOCK, TX-Garfield Traub begins work on the 304-key Overton Hotel and 45,000-sf conference center, a critical and long-awaited anchor for the area's re-gentrification.
FRISCO, TX-Westwood pencils a November start for its part of Centre at Preston Ridge's phase two. With hotels rising and residential ready to go, Oakridge will add more retail.
LOS ANGELES-With market-rate housing at a stand-still, work force housing advocates and developers prepare for a plan that will keep their industry afloat.
SAN FRANCISCO-The datacenter REIT increases its offering by a million shares and prices the shares at $39.38 apiece, which with the over-allotment option would net the company $150.5 million.
RANCHO BELAGO, CA-CB Richard Ellis says the 1.8-million-sf deal is believed to be the largest industrial lease by a single tenant under one roof ever in the US.