Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc’s portfolio to 877% in the first quarter from 917% a year...
Houston Business Journal MetroNational has acquired the Moran CityCentre, a 244‑room luxury hotel in Houston The local company purchased the property from Midway, also of Houston The purchase price was not immediately known Moran CityCentre, at...
A venture of Tejon Ranch Co and Dedeaux Properties is breaking ground soon on Tejon Ranch Commerce Center, a 510,385-square-foot industrial property in Lebec, Calif Tejon, of Tejon Ranch, Calif, and Dedeaux, of Santa Monica, Calif, are building the...
Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to Cushman &...
REBusiness Online Alcove Development has broken ground on 10 Union Lofts, a 96-unit apartment property in Eudora, Kan The Lawrence, Kan, developer is building the property at 1008 East 10th St, about 35 miles west of Kansas City The property will...
The Real Deal Cousins Properties Inc is selling One Eleven Congress, a 503,344-square-foot office building in downtown Austin, Texas The Atlanta REIT said the sale is expected to close in the third quarter The pending buyer and sales price were not...
Commercial Property Executive Constellation Real Estate Partners is starting work this month on a 251,162-square-foot industrial project at 7351 Muck Pond Road in Dover, Fla, about 21 miles east of Tampa International Airport The Houston company...
ConnectCRE The City of Irving, Texas, has bought MacArthur Ridge II, a 260,796-square-foot office building in that suburban Dallas city Grupo Haddad sold the six-story property in a deal brokered by Bradford Commercial Real Estate Services Grupo...
Mission Shore Management has sold 105,869-square-foot Fairmont Preston Plaza in the Houston suburb of Pasadena, Texas JLL Capital Markets brokered the deal on behalf of the seller, while HighStreet Net Lease Group represented the buyer, a company...
Charlotte Business Journal Averitt said it will invest $200 million in a regional campus that it’s planning to construct in Charlotte, NC The Cookeville, Tenn, logistics company plans to start work immediately on the more than...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
