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Beverly Hills Project Sells Below 1% Cap Rate
Dec 26, 2007
Real estate investment firm New Pacific Realty Corp. has purchased a Beverly Hills, Calif. office and retail property for $10.35 million - more than $1,016 per sq. ft. ...
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St. Louis on the Rebound
Dec 19, 2007
According to a new report from Marcus & Millichap Real Estate Investment Services, the St. Louis office market is well into recovery mode, thanks to steady job growth and restrained new office construction...
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Mid-Atlantic Portfolio Fetches $540 Million
Dec 5, 2007
A large portfolio of retail and office properties located in North Carolina has fetched $540.8 million. Last week, a joint venture between CBL & Associates Properties (NYSE: CBL) and the Teachers' Retirement Syste...
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Rebound for Rust Belt City
Dec 1, 2007
As Cleveland struggles with a litany of economic problems ranging from the loss of manufacturing jobs to a high home foreclosure rate, it is rebounding...
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Office Rally Running Out of Gas
Dec 1, 2007
Office landlords have enjoyed falling vacancies and rising rents during the past three years. But the sector's underlying property fundamentals are likely...
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Downtown Los Angeles Goes Upscale
Dec 1, 2007
Less than a decade ago, downtown Los Angeles was pocked with vacant eyesores aging office and industrial buildings emptied out in the 1990s during an...
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Changing Market Scuttles Office Sales
Nov 1, 2007
Investors plunked down a record $17 billion to acquire Manhattan office properties in the first quarter. But as the credit downturn whipsawed demand for...
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Tenants Go for the Green
Nov 1, 2007
After years of fits and starts, office building owners are finally getting the green message. Just ask Al Skodowski, vice president and director of engineering...
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Vegas Office Complex Sold
Oct 23, 2007
CIP Real Estate and Buchanan Street Partners have sold a pair of office/flex buildings in Las Vegas for $30.2 million...
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Bank of America Tower Pierces Rate Skyline
Oct 1, 2007
Defying conventional wisdom that $100 per sq. ft. might be too steep for commercial office rents in the current real estate climate, the Bank of America...
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Hollywood Studios on the Block
Oct 1, 2007
The haunts of Hollywood's Golden Era studio backlots where such classics as It Happened One Night and Gone With the Wind sprang to life are being sold...
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Airport Development Takes Flight
Oct 1, 2007
When Denver International Airport was under development in 1990, planners knew that the 53-square mile site presented many unique opportunities beyond...
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British Invasion 2
Oct 1, 2007
Not since the Beatles landed in New York has the nation's attention been so laser focused on the arrival of another British rock star, soccer hero David...
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In Progress: Summit Oaks
Aug 1, 2007
DEVELOPER: Parker Properties LOCATION: Santa Clarita, Calif. SIZE: Five-story, Class-A office building totaling 144,000 sq. ft. PROJECTED COMPLETION:...
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Office Market Lifts Spirits of St. Louis
Aug 1, 2007
Optimism in the St. Louis office market is as palpable as the energy that enveloped the city when the Cardinals won the 2006 World Series. Riding that...
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Office Towers Sprout
Jul 1, 2007
Toronto is in the midst of a revival, with three new towers encompassing 3.1 million sq. ft. under construction a few blocks apart in Toronto's CBD....
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A Growing Office Empire
Jul 1, 2007
As one of the nation's fastest growing suburban office markets, Ontario, Calif. is teeming with new development. With a booming local economy, cranes are rising all over this Inland Empire city of 171,000 located 35 miles east of Los Angeles....
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Self-Storage REITs Feeling the Pinch
Jul 1, 2007
In self-storage markets, scattered signs hint of a slowdown. In cities such as Columbus, Ohio, customers can get the first month's rent for $1. Shares of the average self-storage REIT lost 3.4% in the first four months of 2007, according to the FTSE NAREIT Equity index. With housing sales falling, some investors worry that fewer homeowners will be storing lawnmowers and computers....
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Office Investment Risks Mount
Jul 1, 2007
Office landlords can't help but smile. The national vacancy rate has declined for 11 straight quarters, registering 13.1% at the end of March. Manhattan-based...
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Top 25 Office Developers
Jul 1, 2007
The Top 25 Office Developers survey is based on data provided by participating companies. Developers were asked to record their volume of global activity...
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Top 25 Office Owners
Jul 1, 2007
The Top 25 Office Owners survey includes office space owned globally as of Dec. 31, 2006. Equity Office Properties is not on this list because the company...
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Demographic Disconnect
May 1, 2007
Atlanta and Dallas have led the nation in population growth since 2000, but these Sunbelt metros continue to show stubbornly high office vacancy rates....
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