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.
DALLAS-The leasing pace has picked up momentum this quarter, with another six deals, totaling 44,229 sf, closing for Dallas-Ft. Worth brokers. One pact means a headquarters relocation from Ft. Worth to Dallas.
ATLANTA-The 12-year-old global developer is banking on near-future demand at SouthPoint business park generated from the planned expansion at Hartsfield Atlanta International Airport.
ORLANDO-Orange County Property Appraiser Bill Donegan rules half of the 15-acre, five-month-old, for-profit attraction near Walt Disney World is a tourist venue and not a religious site. Instead of a $25,000 annual tax bill, the taxes will be $320,000. The park is preparing to sue the county.
DENVER-"Continued low vacancy and solid rent growth will persist through the end of the year," according to an apartment report form Marcus & Millichap. Downtown and the US 36 corridor are the strongest submarkets.
DENVER-"Continued low vacancy and solid rent growth will persist through the end of the year," according to an apartment report form Marcus & Millichap. Downtown and the US 36 corridor are the strongest submarkets.
LOS ANGELES-Robert Pernell says he will recommend that plans for the 53-megawatt plant be rejected by the full Energy Commission, noting neighborhood opposition and air-quality concerns.
LONDON-The UK commercial property market has shown a significant slowdown, according to a new survey from agents GVA Grimley and the Confederation of British Industry.
NATICK, MA-REON Broadband establishes a partnership with Franchi Management Company Inc. The internet and broadband service provider will offer high-speed internet and other broadband services to eight of Franchi Management's commercial office buildings throughout the Metro West area.
ATLANTA-The 55-year-old, Toronto-based engineering, consulting and management firm, with a three-year-old Atlanta presence, is relocating its U.S. headquarters to 66 Perimeter Center East from Chamblee Tucker Road in July. The five-year lease has an estimated aggregate rent value of $2.1 million.