OFFICE SQUEEZE PLAY 

Dec 1, 2003, BY PARKE CHAPMAN

Surging worker productivity is great news for the U.S. economy because ultimately it leads to job creation. But in the near term, high productivity gains...

The Dawn of a Slow Ascent? 

Dec 1, 2003, By Steve McLinden

The chasm is no longer deepening in the U.S. office market, but the climb back to recovery could still be a long and precarious one. So say national office...

Disney Concert Hall Draws Applause in Los Angeles 

Dec 1, 2003, Michael A. Robinson

Just one month after its official opening, the $274 million Walt Disney Concert Hall in downtown Los Angeles already is being hailed as a major magnet...

Wells Poised To Buy Major Boston Office Tower 

Nov 26, 2003, From staff and wire reports

It appears that Wells Real Estate Funds — sponsor of the Wells real estate investment trust — is the front-running bidder on a 1 million sq. ft. Boston...

Beacon Buys L.A’s Citicorp Center for $170M 

Nov 25, 2003, From staff and wire reports

Beacon Capital Partners has acquired a prominent Los Angeles skyscraper. The Boston-based investment firm prevailed over a competitive field of bidders...

Georgia Tech Completes 1.5 Million Sq. Ft. Technology Square Project 

Nov 18, 2003, By Parke Chapman

The Georgia Institute of Technology has completed its 1.5 million sq. ft. Technology Square development, a mixed-use, urban redevelopment project in Atlanta's...

Kincaid: EOP Moving Away from ‘Building-Centric’ Strategy 

Nov 14, 2003, By Jessica Miller

Positioning to benefit from an economic upswing, Equity Office Properties Trust has shifted over the past two years from a "building-centric" investment...

Wells Buys Major Chicago Office Building 

Nov 11, 2003, By Parke Chapman

Wells Real Estate Investments has bought Chicago’s 1.1 million sq. ft. Leo Burnett building for nearly $300 million. The unlisted REIT also purchased...

REIT Sells Texas Office Building 

Nov 3, 2003, From staff and wire reports

Mack-Cali Realty Corp. has sold an office building in San Antonia, Texas, for $11 million. The 20-story, 248,000 sq. ft. Riverview Tower is 71.2% leased....

Owners Put Energies into Finding Alternative Power 

Nov 1, 2003, Parke Chapman

In the wake of last summer's blackout in the Northeast, some landlords are refusing to be left in the dark again. They are turning to co-generation a...

Enron Relocates To New Space 

Oct 29, 2003, From staff and wire reports

Energy firm Enron has relocated to a new Houston office building. The company — which went bankrupt after it was found that executives and accountants...

Retail, Office Loan Delinquencies Rise in the Third Quarter 

Oct 28, 2003, From staff and wire reports

Retail loan delinquencies increased sharply between the end of the second and third quarters, reports Fitch Ratings. There were $175 million more retail...

Tryon Street Investors Buys Major North Carolina Property 

Oct 22, 2003, From staff and wire reports

Tryon Street Investors LLC has purchased a 33-story, Class-A office building in Charlotte, N.C., for an account managed by UBS Realty Investors. Jones...

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