NREI News - National Real Estate Investor

Zell: REITs should make a 'concerted effort' to outperform market

Apr 2, 2003, By Parke Chapman

Keynote speaker Sam Zell this morning offered a mixed assessment of the REIT industry at New York University's eighth annual REIT symposium entitled,...

Lower Manhattan vacancies declined in March

Apr 2, 2003, By Parke Chapman

For the first time in months, downtown New York City posted positive absorption of office space. A report from Cushman & Wakefield shows that downtown office vacancy fell from 13.7% at the end of February to 13.3% at the end of last month....

Federal Realty returns to grocery-anchored properties

Apr 2, 2003, From staff and wire reports

Federal Realty Investment Trust today announced the acquisition of South Valley Shopping Center and Mount Vernon Plaza, adjacent properties located in...

City of Colorado Springs RFP

Mar 28, 2003

The City of Colorado Springs is soliciting Proposals from firms that are interested in providing Real Estate Services in support of the development of the Airport Business Park. The Scope of Services includes:...

THE CITY OF COLORADO SPRINGS - RFP

Mar 28, 2003

The City of Colorado Springs is soliciting Proposals from firms that are interested in providing Real Estate Services in support of the development of the Airport Business Park.

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Starwood withdraws guidance for 2003

Mar 26, 2003, By Parke Chapman

Starwood Hotels & Resorts Worldwide announced on Monday that it has withdrawn its first-quarter and full year 2003 guidance, citing the Gulf War’s effect...

Apartment REITs close 2002 on sour note

Mar 26, 2003, By Parke Chapman

The nation’s seven largest apartment REITs reported negative year-over-year changes in net operating income during the fourth quarter of 2002, according...

REAL ESTATE - PRESIDENT

Mar 26, 2003

Real Estate - President For privately owned real estate management and investment company, focused on luxury high-rise apartment buildings. Wholly-owned...

Federated to redevelop Roosevelt Field anchor spot

Mar 26, 2003, From staff and wire reports

Federated Department Stores, Inc. plans to redevelop the former Stern's store at Roosevelt Field in Garden City, N.Y., into a Bloomingdale's Furniture...

CCIM reports record retail investment sales at close of 2002

Mar 25, 2003, By Parke Chapman

A record one quarter of all commercial property sales in the fourth quarter of 2002 were for retail properties, reports CCIM/Landauer Investment Trends...

Firms join forces to develop Long Beach luxury apartments

Mar 19, 2003, From staff and wire reports

Buchanan Street Partners, through its Buchanan Funds, has invested $5.5 million in joint venture equity with PCS Development to build The Premier at CityPlace,...

Developers Diversified acquires JDN

Mar 19, 2003, From staff and wire reports

Developers Diversified Realty Corporation and JDN Realty Corporation announced today that the merger of Developers Diversified and JDN has been completed....

Ground broken on major Inland Empire retail center

Mar 19, 2003, From staff and wire reports

Ground has been broken on Colonies Crossroads, a $200 million, 110-acre retail project in Upland, Calif. Target, Kohl’s Chick’s Sporting Goods, Bed Bath...

Barovick, Bress step down from Grubb & Ellis helm

Mar 19, 2003, From staff and wire reports

Grubb & Ellis CEO Barry Barovick and CFO Ian Bress have both resigned from the firm "to pursue other opportunities," according to the company. The news...

C&W report: London most expensive office market

Mar 12, 2003, By Parke Chapman

A trio of international cities beat out New York for the title of most expensive office location. London, Tokyo and Paris retained their status as the...

AIMCO to sell 12-property apartment portfolio

Mar 12, 2003, By Parke Chapman

Multifamily REIT Apartment Investment & Management Co. (AIMCO) has put a 12-property portfolio worth $150 million on the block. The offering includes...

PREIT buys six malls, will exit multifamily sector

Mar 6, 2003, From staff and wire reports

Pennsylvania Real Estate Investment Trust (PREIT) is seizing control of the Philadelphia retail market and selling off its multifamily properties. The...

Developer warns office recovery won’t occur until late 2004

Mar 5, 2003, By Matt Valley

ATLANTA — The near-term outlook for the economy and the commercial real estate industry remains "bleak," says Thomas Bell, CEO of Atlanta-based Cousins...

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Mar 5, 2003, Nancy Matthews

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Top Story

Mar 5, 2003, Nancy Matthews

Multifamily REIT Apartment Investment & Management Co. (AIMCO) has put a 12-property portfolio worth $150 million on the block. The offering includes...Multifamily REIT Apartment Investment & Management Co. (AIMCO) has put a 12-property portfolio worth $150 million on the block. The offering includes......