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-Insignia Commercial's appointment of a new president will open up a development pipeline for Denver, Austin, California and the Baltimore-Washington, D.C. area. Barry Nelson will refocus ICIG activities strictly on office and industrial projects.
LAWRENCE, MA-Eduardo Lozano has developed a master plan for this city, located 30 miles north of Boston. He would like to see its mill space converted to a center for high-tech companies and a technology training center.
WARREN, MI-A former tank factory, measuring more than 1 million sf, is on the verge of beginning a new life as a home to automotive suppliers and manufacturers, according to its redeveloper.
LINCOLNTON, NC-This North Carolina sector, some 40 miles northwest of Charlotte, is flourishing these days by giving tax breaks to new or expanding companies.
NEWHALL, CA-Curtain is raised on restored theater, which local officials hope will ignite more development and redevelopment in their quaint but tired central business district.
DALLAS-Realty Capital has signed Kennedy-Wilson as its exclusive leasing agent for a 35,000-sf spec office project in Plano. The two-story building will come to market in August 2001.
HOUSTON-Camden Property Trust expects to end the year on a high note, based on results from the third quarter. The FFO's up; revenues are too and so are occupancies--all positive signs that the tide is turning.
REDMOND, WA-For a little more than $10 million, the ever-expanding company has secured a 307,000-sf lot at 3650 148th Ave. N.E. with 136,765 sf of office and warehouse structures from Allegiance Health Care Co.